2014 Q2 Form 10-Q Financial Statement
#000119312514190368 Filed on May 08, 2014
Income Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
Revenue | $23.85M | $22.82M | $17.16M |
YoY Change | 30.93% | 32.99% | 32.23% |
Cost Of Revenue | $8.763M | $8.383M | $7.372M |
YoY Change | 13.86% | 13.71% | 40.31% |
Gross Profit | $15.09M | $14.43M | $9.783M |
YoY Change | 43.41% | 47.52% | 26.72% |
Gross Profit Margin | 63.26% | 63.26% | 57.03% |
Selling, General & Admin | $17.35M | $16.41M | $14.51M |
YoY Change | 20.66% | 13.08% | 29.01% |
% of Gross Profit | 114.95% | 113.67% | 148.29% |
Research & Development | $6.627M | $6.083M | $5.079M |
YoY Change | 35.13% | 19.77% | 71.18% |
% of Gross Profit | 43.92% | 42.15% | 51.92% |
Depreciation & Amortization | $1.990M | $1.795M | $1.235M |
YoY Change | 45.26% | 45.34% | 111.47% |
% of Gross Profit | 13.19% | 12.44% | 12.62% |
Operating Expenses | $23.97M | $22.49M | $19.59M |
YoY Change | 24.34% | 14.82% | 37.81% |
Operating Profit | -$8.883M | -$8.056M | -$9.803M |
YoY Change | 1.43% | -17.82% | 51.0% |
Interest Expense | -$60.00K | -$70.00K | -$180.0K |
YoY Change | -45.45% | -61.11% | 63.64% |
% of Operating Profit | |||
Other Income/Expense, Net | -$286.0K | $4.000K | -$408.0K |
YoY Change | 253.09% | -100.98% | 296.12% |
Pretax Income | -$9.231M | -$8.118M | -$10.40M |
YoY Change | 3.16% | -21.9% | 55.03% |
Income Tax | $2.440M | $188.0K | $106.0K |
% Of Pretax Income | |||
Net Earnings | -$6.791M | -$8.306M | -$10.50M |
YoY Change | -25.35% | -20.9% | 55.48% |
Net Earnings / Revenue | -28.47% | -36.41% | -61.21% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.316M | -$1.757M | -$10.00M |
COMMON SHARES | |||
Basic Shares Outstanding | 33.32M shares | 33.00M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $83.90M | $96.10M | $115.5M |
YoY Change | -30.43% | -16.8% | |
Cash & Equivalents | $83.92M | $96.13M | $115.5M |
Short-Term Investments | |||
Other Short-Term Assets | $3.600M | $3.200M | $2.900M |
YoY Change | 9.09% | 10.34% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $16.92M | $14.76M | $12.12M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $104.4M | $114.1M | $130.5M |
YoY Change | -23.36% | -12.61% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $13.52M | $13.91M | $11.33M |
YoY Change | 0.69% | 22.84% | |
Goodwill | $11.59M | ||
YoY Change | |||
Intangibles | $8.368M | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $838.0K | $1.145M | $397.0K |
YoY Change | 111.08% | 188.41% | |
Total Long-Term Assets | $34.32M | $15.06M | $11.72M |
YoY Change | 148.27% | 28.45% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $104.4M | $114.1M | $130.5M |
Total Long-Term Assets | $34.32M | $15.06M | $11.72M |
Total Assets | $138.8M | $129.1M | $142.3M |
YoY Change | -7.55% | -9.23% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.176M | $1.234M | $2.473M |
YoY Change | 38.6% | -50.1% | |
Accrued Expenses | $10.00M | $9.200M | $11.00M |
YoY Change | -5.66% | -16.36% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.929M | $3.093M | $2.551M |
YoY Change | 5.28% | 21.25% | |
Total Short-Term Liabilities | $18.32M | $15.98M | $17.42M |
YoY Change | -2.27% | -8.26% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.721M | $2.291M | $3.454M |
YoY Change | -43.87% | -33.67% | |
Other Long-Term Liabilities | $1.011M | $1.161M | $1.670M |
YoY Change | -32.42% | -30.48% | |
Total Long-Term Liabilities | $2.732M | $3.452M | $5.124M |
YoY Change | -40.11% | -32.63% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $18.32M | $15.98M | $17.42M |
Total Long-Term Liabilities | $2.732M | $3.452M | $5.124M |
Total Liabilities | $21.05M | $19.43M | $22.55M |
YoY Change | -9.68% | -13.8% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$128.3M | -$121.5M | -$87.85M |
YoY Change | 32.34% | 38.31% | |
Common Stock | $35.00K | $33.00K | $31.00K |
YoY Change | 9.38% | 6.45% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $117.7M | $109.7M | $119.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $138.8M | $129.1M | $142.3M |
YoY Change | -7.55% | -9.23% |
Cashflow Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.791M | -$8.306M | -$10.50M |
YoY Change | -25.35% | -20.9% | 55.48% |
Depreciation, Depletion And Amortization | $1.990M | $1.795M | $1.235M |
YoY Change | 45.26% | 45.34% | 111.47% |
Cash From Operating Activities | -$6.930M | -$7.309M | -$6.190M |
YoY Change | 56.08% | 18.08% | 105.85% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.350M | $782.0K | $992.0K |
YoY Change | -52.8% | -21.17% | -25.8% |
Acquisitions | $0.00 | ||
YoY Change | |||
Other Investing Activities | -$4.150M | ||
YoY Change | |||
Cash From Investing Activities | -$5.500M | -$1.399M | -$1.624M |
YoY Change | 92.31% | -13.85% | -0.98% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 350.0K | 306.0K | 91.76M |
YoY Change | -97.18% | -99.67% | 206.85% |
NET CHANGE | |||
Cash From Operating Activities | -6.930M | -7.309M | -6.190M |
Cash From Investing Activities | -5.500M | -1.399M | -1.624M |
Cash From Financing Activities | 350.0K | 306.0K | 91.76M |
Net Change In Cash | -12.08M | -8.402M | 83.95M |
YoY Change | -337.33% | -110.01% | 232.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$6.930M | -$7.309M | -$6.190M |
Capital Expenditures | -$1.350M | $782.0K | $992.0K |
Free Cash Flow | -$5.580M | -$8.091M | -$7.182M |
YoY Change | 253.16% | 12.66% | 65.33% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
33318800 | shares |
CY2013Q1 | us-gaap |
Accounts Payable Related Parties Noncurrent
AccountsPayableRelatedPartiesNoncurrent
|
1242000 | |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
115490000 | |
CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
33279000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3711000 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
33422000 | shares |
CY2014Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
11982000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.83 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4510000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
6.69 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
4326000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.98 | |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2311000 | |
CY2014Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5492000 | |
CY2014Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2291000 | |
CY2014Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
13776000 | |
CY2014Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
231047000 | |
CY2014Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
238000 | |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
8592000 | |
CY2014Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1234000 | |
CY2014Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
|
2464000 | |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
735000 | |
CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
15982000 | |
CY2014Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
129000 | |
CY2014Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1088000 | |
CY2014Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6040000 | |
CY2014Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1161000 | |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
109702000 | |
CY2014Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
|
652000 | |
CY2014Q1 | us-gaap |
Accounts Payable Related Parties Noncurrent
AccountsPayableRelatedPartiesNoncurrent
|
100000 | |
CY2014Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
2075000 | |
CY2014Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2251000 | |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-121507000 | |
CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
33000 | |
CY2014Q1 | us-gaap |
Litigation Reserve
LitigationReserve
|
0 | |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
129136000 | |
CY2014Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
377000 | |
CY2014Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
603000 | |
CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
19434000 | |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
733000 | |
CY2014Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
|
2376000 | |
CY2014Q1 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
309000 | |
CY2014Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
4689000 | |
CY2014Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3093000 | |
CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
114078000 | |
CY2014Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1145000 | |
CY2014Q1 | us-gaap |
Assets
Assets
|
129136000 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
18719000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
96134000 | |
CY2014Q1 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
4408000 | |
CY2014Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
14761000 | |
CY2014Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
27689000 | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
18445000 | |
CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3183000 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
18962000 | |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
11105000 | |
CY2014Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
89998000 | |
CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13913000 | |
CY2014Q1 | mrin |
Unrecognized Tax Benefits Interest And Penalties
UnrecognizedTaxBenefitsInterestAndPenalties
|
0 | |
CY2014Q1 | mrin |
Operating Leases Future Minimum Payments Due In Five Years And Thereafter
OperatingLeasesFutureMinimumPaymentsDueInFiveYearsAndThereafter
|
124000 | |
CY2014Q1 | mrin |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
9580000 | |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingNumber
|
2328000 | shares |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedPeriodWeightedAverageExercisePrice
|
4.51 | |
CY2014Q1 | mrin |
Long Term Debt Discount
LongTermDebtDiscount
|
108000 | |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingAggregateIntrinsicValue
|
14608000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
31540000 | |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
32953000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
33133000 | shares |
CY2013Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
10294000 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.56 | |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4855000 | shares |
CY2013Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
17787000 | |
CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6675000 | |
CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1284000 | |
CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2962000 | |
CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
12019000 | |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
228512000 | |
CY2013Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
349000 | |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1018000 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
115344000 | |
CY2013Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
2566000 | |
CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3253000 | |
CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
122023000 | |
CY2013Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2773000 | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-113201000 | |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
33000 | |
CY2013Q4 | us-gaap |
Litigation Reserve
LitigationReserve
|
0 | |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
137377000 | |
CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
434000 | |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
602000 | |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
22033000 | |
CY2013Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
466000 | |
CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
937000 | |
CY2013Q4 | us-gaap |
Assets
Assets
|
137377000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
104407000 | |
CY2013Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
4236000 | |
CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
14921000 | |
CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
26436000 | |
CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2695000 | |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
20593000 | |
CY2013Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
98987000 | |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14417000 | |
CY2013Q4 | mrin |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
10950000 | |
CY2013 | us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
0 | |
CY2013 | mrin |
Cash Equivalents Maximum Maturity Period One
CashEquivalentsMaximumMaturityPeriodOne
|
P3M | |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0113 | pure |
CY2013Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.558 | pure |
CY2013Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7365000 | shares |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6190000 | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.43 | |
CY2013Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5462000 | shares |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
17155000 | |
CY2013Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-184000 | |
CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
757000 | |
CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-10501000 | |
CY2013Q1 | us-gaap |
Gross Profit
GrossProfit
|
9783000 | |
CY2013Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-408000 | |
CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-16000 | |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9803000 | |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-10395000 | |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-933000 | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10501000 | |
CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
992000 | |
CY2013Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
632000 | |
CY2013Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
1004000 | |
CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4048000 | |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
91764000 | |
CY2013Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1667000 | |
CY2013Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
764000 | |
CY2013Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
227000 | |
CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1225000 | |
CY2013Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
84000 | |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
83950000 | |
CY2013Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
10459000 | |
CY2013Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1616000 | |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
496000 | |
CY2013Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
7372000 | |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1624000 | |
CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5079000 | |
CY2013Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
407000 | |
CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1235000 | |
CY2013Q1 | us-gaap |
Depreciation
Depreciation
|
1008000 | |
CY2013Q1 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-7553000 | |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
19586000 | |
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
106000 | |
CY2013Q1 | mrin |
Conversion Of Preferred Stock Warrant To Common Stock Warrant
ConversionOfPreferredStockWarrantToCommonStockWarrant
|
745000 | |
CY2013Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Yield
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendYield
|
pure | |
CY2013Q1 | mrin |
Conversion Of Convertible Preferred Stock Into Common Stock
ConversionOfConvertiblePreferredStockIntoCommonStock
|
105710000 | |
CY2013Q1 | mrin |
Payments For Repurchase Of Common Stock And Unvested Shares
PaymentsForRepurchaseOfCommonStockAndUnvestedShares
|
15000 | |
CY2013Q1 | mrin |
Increase Decrease In Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherLiabilities
|
5000 | |
CY2013Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
|
0.070 | pure |
CY2013Q1 | mrin |
Receivables From Stock Option Exercise
ReceivablesFromStockOptionExercise
|
369000 | |
CY2013Q1 | mrin |
Pre Tax Income Loss
PreTaxIncomeLoss
|
10395000 | |
CY2013Q1 | mrin |
Proceeds From Issuance Initial Public Offering Net Of Costs
ProceedsFromIssuanceInitialPublicOfferingNetOfCosts
|
97258000 | |
CY2013Q1 | mrin |
Noncash Interest Expense On Warrants
NoncashInterestExpenseOnWarrants
|
310000 | |
CY2013Q1 | mrin |
Unpaid Deferred Offering Costs
UnpaidDeferredOfferingCosts
|
2281000 | |
CY2014Q1 | dei |
Trading Symbol
TradingSymbol
|
MRIN | |
CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
MARIN SOFTWARE INC | |
CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2014Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
CY2014Q1 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2006-03-31 | |
CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001389002 | |
CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2014Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0194 | pure |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.513 | pure |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y7M6D | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
120000 | shares |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
33112000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
10.33 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7309000 | |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.65 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
175000 | shares |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P7Y3M | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P7Y6M15D | |
CY2014Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
290000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
8.62 | |
CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4653000 | shares |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
22815000 | |
CY2014Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-66000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
488000 | |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8177000 | |
CY2014Q1 | us-gaap |
Gross Profit
GrossProfit
|
14432000 | |
CY2014Q1 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
0 | |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
4000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
208000 | |
CY2014Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
69000 | |
CY2014Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-148000 | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8056000 | |
CY2014Q1 | us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
0 | |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-8118000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
155000 | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8306000 | |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
782000 | |
CY2014Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
617000 | |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-129000 | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4416000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
306000 | |
CY2014Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
347000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-491000 | |
CY2014Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
445000 | |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1497000 | |
CY2014Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
167000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-8273000 | |
CY2014Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
11989000 | |
CY2014Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1899000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
324000 | |
CY2014Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
8383000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1399000 | |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6083000 | |
CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
768000 | |
CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1795000 | |
CY2014Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
69000 | |
CY2014Q1 | us-gaap |
Depreciation
Depreciation
|
1350000 | |
CY2014Q1 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-877000 | |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
22488000 | |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
188000 | |
CY2014Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
129000 | |
CY2014Q1 | mrin |
Change In Preferred Stock Warrant Liability
ChangeInPreferredStockWarrantLiability
|
0 | |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Yield
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendYield
|
pure | |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2Granted
|
P9Y10M6D | |
CY2014Q1 | mrin |
Payments For Repurchase Of Common Stock And Unvested Shares
PaymentsForRepurchaseOfCommonStockAndUnvestedShares
|
1000 | |
CY2014Q1 | mrin |
Increase Decrease In Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccruedExpensesAndOtherLiabilities
|
-1569000 | |
CY2014Q1 | mrin |
Weighted Average Period For Unrecognized Estimated Compensation Cost Related To Stock Options
WeightedAveragePeriodForUnrecognizedEstimatedCompensationCostRelatedToStockOptions
|
P2Y7M6D | |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageRemainingContractualTerm
|
P6Y7M21D | |
CY2014Q1 | mrin |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
|
0.070 | pure |
CY2014Q1 | mrin |
Pre Tax Income Loss
PreTaxIncomeLoss
|
8118000 | |
CY2014Q1 | mrin |
Noncash Interest Expense On Warrants
NoncashInterestExpenseOnWarrants
|
46000 | |
CY2014Q1 | mrin |
Cash Equivalents Maximum Maturity Period One
CashEquivalentsMaximumMaturityPeriodOne
|
P3M | |
CY2013Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y10M6D |