Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Consolidated Statements of Operations [Abstract]    
NET REVENUE $ 59,867 $ 43,484
COST OF REVENUE 33,031 24,056
GROSS MARGIN 26,836 19,428
OPERATING EXPENSES    
General and administrative 15,843 12,331
Research and development 2,281 543
Sales and marketing 7,501 6,963
Total operating expenses 25,625 19,837
INCOME (LOSS) FROM OPERATIONS 1,211 (409)
INTEREST AND OTHER INCOME / (EXPENSE) - NET (1,146) (768)
INCOME (LOSS) BEFORE TAXES 65 (1,177)
INCOME TAXES 0 0
NET INCOME (LOSS) $ 65 $ (1,177)
NET INCOME (LOSS) PER SHARE - Basic $ 0.00 $ (0.03)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - Basic 45,027,010 42,758,252
NET INCOME (LOSS) PER SHARE -Diluted $ 0.00 $ (0.03)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - Diluted 48,715,063 42,758,252