2013 Q1 Form 10-Q Financial Statement
#000074621013000006 Filed on May 09, 2013
Income Statement
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| Revenue | $8.504M | $6.746M |
| YoY Change | 26.06% | -3.37% |
| Cost Of Revenue | $4.960M | $3.770M |
| YoY Change | 31.56% | -12.53% |
| Gross Profit | $3.550M | $2.970M |
| YoY Change | 19.53% | 10.82% |
| Gross Profit Margin | 41.75% | 44.03% |
| Selling, General & Admin | $4.156M | $2.336M |
| YoY Change | 77.91% | 0.34% |
| % of Gross Profit | 117.07% | 78.65% |
| Research & Development | $240.0K | |
| YoY Change | ||
| % of Gross Profit | 6.76% | |
| Depreciation & Amortization | $758.0K | $440.0K |
| YoY Change | 72.27% | 57.14% |
| % of Gross Profit | 21.35% | 14.81% |
| Operating Expenses | $4.156M | $2.336M |
| YoY Change | 77.91% | 0.34% |
| Operating Profit | -$1.602M | $198.0K |
| YoY Change | -909.09% | 178.87% |
| Interest Expense | $292.0K | $11.00K |
| YoY Change | 2554.55% | -38.89% |
| % of Operating Profit | 5.56% | |
| Other Income/Expense, Net | -$383.0K | -$26.00K |
| YoY Change | 1373.08% | -21.21% |
| Pretax Income | -$1.990M | $170.0K |
| YoY Change | -1270.59% | 325.0% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | 0.0% | |
| Net Earnings | -$1.985M | $172.0K |
| YoY Change | -1254.07% | 437.5% |
| Net Earnings / Revenue | -23.34% | 2.55% |
| Basic Earnings Per Share | -$0.07 | $0.01 |
| Diluted Earnings Per Share | -$0.07 | $0.01 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 27.70M shares | 24.35M shares |
| Diluted Shares Outstanding | 27.70M shares | 25.72M shares |
Balance Sheet
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.200M | $2.000M |
| YoY Change | 10.0% | 33.33% |
| Cash & Equivalents | ||
| Short-Term Investments | ||
| Other Short-Term Assets | $800.0K | $300.0K |
| YoY Change | 166.67% | -40.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $3.633M | $2.563M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $6.605M | $4.893M |
| YoY Change | 34.99% | -0.14% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $3.502M | $4.385M |
| YoY Change | -20.14% | 32.88% |
| Goodwill | $9.649M | |
| YoY Change | ||
| Intangibles | $6.941M | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $671.0K | $31.00K |
| YoY Change | 2064.52% | -69.0% |
| Total Long-Term Assets | $20.76M | $4.416M |
| YoY Change | 370.18% | 29.88% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $6.605M | $4.893M |
| Total Long-Term Assets | $20.76M | $4.416M |
| Total Assets | $27.37M | $9.309M |
| YoY Change | 194.0% | 12.16% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.091M | $1.122M |
| YoY Change | 86.36% | -55.12% |
| Accrued Expenses | $1.743M | $864.0K |
| YoY Change | 101.74% | -49.18% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $1.197M | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $1.197M | $900.0K |
| YoY Change | 33.0% | 12.5% |
| Total Short-Term Liabilities | $6.057M | $3.823M |
| YoY Change | 58.44% | -29.2% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $9.474M | $300.0K |
| YoY Change | 3058.0% | |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $9.643M | $288.0K |
| YoY Change | 3248.26% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.057M | $3.823M |
| Total Long-Term Liabilities | $9.643M | $288.0K |
| Total Liabilities | $15.70M | $4.111M |
| YoY Change | 281.9% | -23.87% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$165.6M | -$164.5M |
| YoY Change | 0.67% | |
| Common Stock | $167.1M | $159.4M |
| YoY Change | 4.83% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $11.67M | $5.198M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $27.37M | $9.309M |
| YoY Change | 194.0% | 12.16% |
Cashflow Statement
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.985M | $172.0K |
| YoY Change | -1254.07% | 437.5% |
| Depreciation, Depletion And Amortization | $758.0K | $440.0K |
| YoY Change | 72.27% | 57.14% |
| Cash From Operating Activities | $264.0K | $365.0K |
| YoY Change | -27.67% | -454.37% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $124.0K | $109.0K |
| YoY Change | 13.76% | -75.28% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $10.00K |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$124.0K | -$98.00K |
| YoY Change | 26.53% | -77.78% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $0.00 | |
| YoY Change | ||
| Debt Paid & Issued, Net | $0.00 | |
| YoY Change | ||
| Cash From Financing Activities | -$192.0K | -$36.00K |
| YoY Change | 433.33% | |
| NET CHANGE | ||
| Cash From Operating Activities | $264.0K | $365.0K |
| Cash From Investing Activities | -$124.0K | -$98.00K |
| Cash From Financing Activities | -$192.0K | -$36.00K |
| Net Change In Cash | -$52.00K | $231.0K |
| YoY Change | -122.51% | -142.46% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $264.0K | $365.0K |
| Capital Expenditures | $124.0K | $109.0K |
| Free Cash Flow | $140.0K | $256.0K |
| YoY Change | -45.31% | -147.06% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
9862000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
10671000 | USD |
| CY2013Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2091000 | USD |
| CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2384000 | USD |
| CY2012Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
13000 | USD |
| CY2013Q1 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
13000 | USD |
| CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4047000 | USD |
| CY2013Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
3633000 | USD |
| CY2013Q1 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
26000 | USD |
| CY2012Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
32000 | USD |
| CY2013Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1743000 | USD |
| CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1672000 | USD |
| CY2012Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
208000 | USD |
| CY2013Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
20000 | USD |
| CY2013Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
167131000 | USD |
| CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
166481000 | USD |
| CY2013Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
608000 | USD |
| CY2013Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
142000 | USD |
| CY2012Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
151000 | USD |
| CY2013Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
30000 | USD |
| CY2012Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD |
| CY2012Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
231000 | USD |
| CY2013Q1 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
169000 | USD |
| CY2012Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
240000 | USD |
| CY2013Q1 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
243000 | USD |
| CY2013Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
61000 | USD |
| CY2012Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
15000 | USD |
| CY2013Q1 | us-gaap |
Assets
Assets
|
27368000 | USD |
| CY2012Q4 | us-gaap |
Assets
Assets
|
29316000 | USD |
| CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
6605000 | USD |
| CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
7162000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
|
431000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
|
194000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
|
27000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
|
210000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
|
19000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
|
412000 | USD |
| CY2012Q1 | us-gaap |
Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
|
29000 | USD |
| CY2013Q1 | us-gaap |
Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
|
40000 | USD |
| CY2013Q1 | us-gaap |
Cash
Cash
|
2166000 | USD |
| CY2012Q4 | us-gaap |
Cash
Cash
|
2218000 | USD |
| CY2012Q1 | us-gaap |
Cash
Cash
|
2049000 | USD |
| CY2011Q4 | us-gaap |
Cash
Cash
|
1818000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-52000 | USD |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
231000 | USD |
| CY2012Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-50000 | USD |
| CY2013Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
0 | USD |
| CY2013Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
|
1.60 | |
| CY2013Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
33000 | shares |
| CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
150000000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
28886000 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
28715000 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
28715000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
28886000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | USD |
| CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
3000 | USD |
| CY2012Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
6548000 | USD |
| CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
10106000 | USD |
| CY2013Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
758000 | USD |
| CY2012Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
440000 | USD |
| CY2013Q1 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
194000 | USD |
| CY2012Q4 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
205000 | USD |
| CY2012Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
440000 | USD |
| CY2013Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
11368000 | USD |
| CY2013Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
697000 | USD |
| CY2012Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
155000 | USD |
| CY2013Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
131000 | USD |
| CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
758000 | USD |
| CY2012Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
0 | USD |
| CY2013Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
105000 | USD |
| CY2013Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
-105000 | USD |
| CY2013Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
6000 | USD |
| CY2012Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
15000 | USD |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
| CY2012Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
508000 | USD |
| CY2013Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
580000 | USD |
| CY2013Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-435000 | USD |
| CY2012Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-11000 | USD |
| CY2012Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1350000 | USD |
| CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3087000 | USD |
| CY2013Q1 | us-gaap |
Goodwill
Goodwill
|
9649000 | USD |
| CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
9900000 | USD |
| CY2013Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-240000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-1985000 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
172000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-293000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-259000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-388000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
64000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
28000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-11000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-32000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-24000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-10000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-12000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-93000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-49000 | USD |
| CY2012Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
235000 | shares |
| CY2013Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
6941000 | USD |
| CY2012Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
7256000 | USD |
| CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
292000 | USD |
| CY2012Q1 | us-gaap |
Interest Expense
InterestExpense
|
11000 | USD |
| CY2012Q1 | us-gaap |
Interest Paid
InterestPaid
|
11000 | USD |
| CY2013Q1 | us-gaap |
Interest Paid
InterestPaid
|
292000 | USD |
| CY2013Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1122000 | USD |
| CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
15700000 | USD |
| CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
16313000 | USD |
| CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
29316000 | USD |
| CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
27368000 | USD |
| CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6451000 | USD |
| CY2013Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6057000 | USD |
| CY2013Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
9643000 | USD |
| CY2012Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
11028000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1197000 | USD |
| CY2012Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1397000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
167000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1625000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
2167000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
3000000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
4409000 | USD |
| CY2012Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
9631000 | USD |
| CY2013Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
9474000 | USD |
| CY2013Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
9474000 | USD |
| CY2012Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
9631000 | USD |
| CY2013Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">The Business</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Glowpoint, Inc. (“Glowpoint” or “we” or “us” or the “Company”) is a provider of cloud and managed videoconferencing services. Our services, delivered via our cloud-based OpenVideo® platform, are securely accessible via any network (private or public) and are technology-agnostic. OpenVideo® is a cloud platform that offers telepresence, video and unified communications and collaboration users a way to meet and communicate across the varying hardware/software platforms and carrier networks in a secure and seamless fashion. The Company delivers services to more than </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">600</font><font style="font-family:inherit;font-size:10pt;"> different enterprises in over </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">68</font><font style="font-family:inherit;font-size:10pt;"> countries supporting thousands of video endpoints, immersive telepresence rooms, and infrastructure for business-quality, real-time, two-way visual communications. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 1, 2012, the Company completed the acquisition of privately held Affinity VideoNet, Inc. ("Affinity"), a provider of public videoconferencing rooms and managed videoconferencing services to professional service organizations globally (as discussed in Note 3). As a result of the acquisition, Glowpoint now offers a comprehensive suite of cloud and managed video services, consisting of the following: (i) monitoring and management, and collaboration services, resulting in an end-to-end cloud and managed solution for telepresence, conference room, desktop and mobile solutions, and video infrastructure; (ii) network services that provide our customers with the flexibility to either source the entire video network from a single provider, maintain existing networks and extend a logical connection to the OpenVideo® cloud or bring bandwidth to Open Video® datacenters; (iii) Affinity public video suites that provide remote access to video communication services for everyday business meetings and events; and (iv) professional and other services consisting of video communication solutions for broadcast/media content acquisition and event services. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Glowpoint's suite of cloud and managed video services focus on multi-tiered help desk support for mixed manufacturer video environments and complements Affinity's standing as a specialized service provider of tailored, business-class meetings for professional service organizations across the world. With the acquisition of Affinity, we now employ approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">130</font><font style="font-family:inherit;font-size:10pt;"> employees providing clients with a wide range of products and services across the entire video spectrum, from proprietary technology to design, implementation, 24x7 monitoring and mission critical support. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company was formed as a Delaware corporation in May 2000. The Company operates in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">one</font><font style="font-family:inherit;font-size:10pt;"> segment and therefore segment information is not presented. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:21px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Liquidity</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of March 31, 2013, we had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$2,166,000</font><font style="font-family:inherit;font-size:10pt;"> of cash and positive working capital of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$548,000</font><font style="font-family:inherit;font-size:10pt;">. For the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">, we generated a net loss of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,985,000</font><font style="font-family:inherit;font-size:10pt;"> and net cash provided by operating activities of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$264,000</font><font style="font-family:inherit;font-size:10pt;">. We generated cash from operations even though we incurred a net loss due to changes in working capital and certain non-cash expenses. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company entered into certain debt agreements in connection with the Affinity acquisition in October 2012 (see Note 4). As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">, the current portion of long-term debt on the Company's condensed consolidated balance sheet was </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,197,000</font><font style="font-family:inherit;font-size:10pt;">, which includes </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$780,000</font><font style="font-family:inherit;font-size:10pt;"> of outstanding borrowings under our Comerica Revolver, maturing on April 1, 2014, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$417,000</font><font style="font-family:inherit;font-size:10pt;"> of scheduled principal payments under our other debt agreements summarized in Note 4. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">, interest payments under the Company's debt agreements over the next twelve months are expected to approximate </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,122,000</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">, the Company had unused borrowing availability of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$419,000</font><font style="font-family:inherit;font-size:10pt;"> under the Comerica Revolver. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the terms of our Series A-2 Preferred Stock and Series B-1 Preferred Stock, the Company began accruing dividends as of January 1, 2013 of approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$105,000</font><font style="font-family:inherit;font-size:10pt;"> per quarter, however, the company is not obligated to begin paying such dividends in cash until the Company's cash balance exceeds approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4,174,000</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Based on our current projection of revenue and expenses, the Company believes that it has, and will have, sufficient resources and cash flow to service its debt obligations and fund its operations for at least the next twelve months following the filing of this Quarterly Report on Form 10-Q. We have historically been able to raise capital in private placements as needed to fund operations and provide growth capital. There can be no assurances, however, that we will be able to raise additional capital as may be needed or upon acceptable terms, or that current economic conditions will not negatively impact us. If the current economic conditions negatively impact us and we are unable to raise additional capital that may be needed on terms acceptable to us, it could have a material adverse effect on the Company. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Quarterly Financial Information and Results of Operations</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated financial statements as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and 2012 are unaudited and, in the opinion of management, include all adjustments (consisting only of normal recurring adjustments) necessary to present fairly the financial position as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">, and the results of operations for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and 2012, the statement of stockholders' equity for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and the statement of cash flows for the three months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and 2012. The results for the three month ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2013</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results to be expected for the entire year. The condensed balance sheet as of December 31, 2012 has been derived from audited financial statements for the year ended December 31, 2012. While management of the Company believes that the disclosures presented are adequate to make the information not misleading, these condensed consolidated financial statements should be read in conjunction with audited condensed consolidated financial statements and the footnotes thereto for the fiscal year ended December 31, 2012 as filed with the Securities and Exchange Commission with our Form 10-K on April 1, 2013 (the "Audited 2012 Financial Statements").</font></div></div> | |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-192000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-36000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-98000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-124000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
365000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
264000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
415000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
264000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1985000 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
172000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2090000 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
172000 | USD |
| CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-383000 | USD |
| CY2012Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-26000 | USD |
| CY2013Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
198000 | USD |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1602000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
998000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
459000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
87000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
145000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
140000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
167000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
191000 | USD |
| CY2012Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
128000 | USD |
| CY2012Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
105000 | USD |
| CY2013Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
108000 | USD |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
100 | shares |
| CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
742000 | USD |
| CY2013Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
671000 | USD |
| CY2012Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
| CY2013Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
133000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
124000 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
109000 | USD |
| CY2012Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
| CY2013Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
105000 | USD |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
100 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
100 | shares |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
100 | shares |
| CY2013Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
10000000 | USD |
| CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
10000000 | USD |
| CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
897000 | USD |
| CY2013Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
806000 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
11000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
0 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
7000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3502000 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4256000 | USD |
| CY2012Q1 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
43000 | USD |
| CY2013Q1 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
59000 | USD |
| CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-165633000 | USD |
| CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-163648000 | USD |
| CY2013Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
37000 | USD |
| CY2012Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
66000 | USD |
| CY2013Q1 | us-gaap |
Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:21px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Taxes Billed to Customers and Remitted to Taxing Authorities</font></div><div style="line-height:120%;padding-bottom:21px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize taxes billed to customers in revenues and taxes remitted to taxing authorities in our operating costs, network and infrastructure.</font></div></div> | |
| CY2012Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
6746000 | USD |
| CY2013Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
8504000 | USD |
| CY2013Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1069000 | USD |
| CY2012Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
986000 | USD |
| CY2012Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
79000 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
608000 | USD |
| CY2012Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1397000 | USD |
| CY2013Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1197000 | USD |
| CY2013Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
147000 | USD |
| CY2013Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
0 | USD |
| CY2013Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | USD |
| CY2013Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13003000 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11668000 | USD |
| CY2013Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
353000 | USD |
| CY2012Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
398000 | USD |
| CY2013Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:21px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from the estimates made. We continually evaluate estimates used in the preparation of the consolidated financial statements for reasonableness. Appropriate adjustments, if any, to the estimates used are made prospectively based upon such periodic evaluation. The significant areas of estimation include determining the allowance for doubtful accounts, deferred tax valuation allowance, accrued sales taxes, the estimated life of customer relationships, the estimated lives and recoverability of property and equipment, and the valuation of intangible assets. </font></div></div> | |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25718000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
27703000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27703000 | shares |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24354000 | shares |
| CY2012Q4 | glow |
Accrued Communication Costs Current
AccruedCommunicationCostsCurrent
|
244000 | USD |
| CY2013Q1 | glow |
Accrued Communication Costs Current
AccruedCommunicationCostsCurrent
|
222000 | USD |
| CY2012Q1 | glow |
Accrued Expenses Sales Taxes And Regulatory Fees
AccruedExpensesSalesTaxesAndRegulatoryFees
|
-57000 | USD |
| CY2013Q1 | glow |
Accrued Expenses Sales Taxes And Regulatory Fees
AccruedExpensesSalesTaxesAndRegulatoryFees
|
168000 | USD |
| CY2012Q4 | glow |
Accrued Severance Costs
AccruedSeveranceCosts
|
607000 | USD |
| CY2013Q1 | glow |
Accrued Severance Costs
AccruedSeveranceCosts
|
813000 | USD |
| CY2013Q1 | glow |
Bad Debt Expense
BadDebtExpense
|
26000 | USD |
| CY2012Q1 | glow |
Bad Debt Expense
BadDebtExpense
|
21000 | USD |
| CY2013Q1 | glow |
Capital Leases Future Minimum Interest Included In Payment Due In Next Twelve Months
CapitalLeasesFutureMinimumInterestIncludedInPaymentDueInNextTwelveMonths
|
13000 | USD |
| CY2013Q1 | glow |
Capital Leases Future Minimum Interest Included In Payment Due In Three Years
CapitalLeasesFutureMinimumInterestIncludedInPaymentDueInThreeYears
|
0 | USD |
| CY2013Q1 | glow |
Capital Leases Future Minimum Interest Included In Payment Due In Two Years
CapitalLeasesFutureMinimumInterestIncludedInPaymentDueInTwoYears
|
6000 | USD |
| CY2013Q1 | glow |
Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Due In Next Twelve Months
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsDueInNextTwelveMonths
|
181000 | USD |
| CY2013Q1 | glow |
Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsDueInThreeYears
|
27000 | USD |
| CY2013Q1 | glow |
Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsDueInTwoYears
|
204000 | USD |
| CY2013Q1 | glow |
Conversion Price Below This Fair Value Of Common Stock
ConversionPriceBelowThisFairValueOfCommonStock
|
1.16 | USD |
| CY2013Q1 | glow |
Debt Reduction In Connection With Severance Obligations Related To Acquisition
DebtReductionInConnectionWithSeveranceObligationsRelatedToAcquisition
|
240000 | USD |
| CY2012Q1 | glow |
Debt Reduction In Connection With Severance Obligations Related To Acquisition
DebtReductionInConnectionWithSeveranceObligationsRelatedToAcquisition
|
0 | USD |
| CY2013Q1 | glow |
Global Managed Services
GlobalManagedServices
|
3190000 | USD |
| CY2012Q1 | glow |
Global Managed Services
GlobalManagedServices
|
1696000 | USD |
| CY2013Q1 | glow |
Goodwill Settlements
GoodwillSettlements
|
11000 | USD |
| CY2012Q1 | glow |
Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsRestrictedStock
|
1265000 | shares |
| CY2012Q1 | glow |
Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options And Warrants
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsStockOptionsAndWarrants
|
181000 | shares |
| CY2012Q1 | glow |
Network And Infrastructure
NetworkAndInfrastructure
|
2076000 | USD |
| CY2013Q1 | glow |
Network And Infrastructure
NetworkAndInfrastructure
|
2002000 | USD |
| CY2013Q1 | glow |
Number Of Non Cancelable Lease Agreements
NumberOfNonCancelableLeaseAgreements
|
3 | lease |
| CY2011 | glow |
Number Of Non Cancelable Lease Agreements
NumberOfNonCancelableLeaseAgreements
|
2 | lease |
| CY2012Q4 | glow |
Ppreferred Stock Series A2 Shares Issued
PpreferredStockSeriesA2SharesIssued
|
53 | shares |
| CY2013Q1 | glow |
Ppreferred Stock Series A2 Shares Issued
PpreferredStockSeriesA2SharesIssued
|
53 | shares |
| CY2012Q4 | glow |
Preferred Stock Series A2
PreferredStockSeriesA2
|
167000 | USD |
| CY2013Q1 | glow |
Preferred Stock Series A2
PreferredStockSeriesA2
|
167000 | USD |
| CY2013Q1 | glow |
Preferred Stock Series A2 Liquidation Value
PreferredStockSeriesA2LiquidationValue
|
396000 | USD |
| CY2012Q4 | glow |
Preferred Stock Series A2 Liquidation Value
PreferredStockSeriesA2LiquidationValue
|
396000 | USD |
| CY2012Q4 | glow |
Preferred Stock Series A2 Par Value
PreferredStockSeriesA2ParValue
|
0.0001 | |
| CY2013Q1 | glow |
Preferred Stock Series A2 Par Value
PreferredStockSeriesA2ParValue
|
0.0001 | |
| CY2012Q4 | glow |
Preferred Stock Series A2 Shares Authorized
PreferredStockSeriesA2SharesAuthorized
|
7500 | shares |
| CY2013Q1 | glow |
Preferred Stock Series A2 Shares Authorized
PreferredStockSeriesA2SharesAuthorized
|
7500 | shares |
| CY2013Q1 | glow |
Preferred Stock Series A2 Shares Outstanding
PreferredStockSeriesA2SharesOutstanding
|
53 | shares |
| CY2012Q4 | glow |
Preferred Stock Series A2 Shares Outstanding
PreferredStockSeriesA2SharesOutstanding
|
53 | shares |
| CY2012Q4 | glow |
Preferred Stock Series A2 Stated Value
PreferredStockSeriesA2StatedValue
|
7500 | USD |
| CY2013Q1 | glow |
Preferred Stock Series A2 Stated Value
PreferredStockSeriesA2StatedValue
|
7500 | USD |
| CY2012Q4 | glow |
Preferred Stock Series B1 Liquidation Value
PreferredStockSeriesB1LiquidationValue
|
10000000 | USD |
| CY2013Q1 | glow |
Preferred Stock Series B1 Liquidation Value
PreferredStockSeriesB1LiquidationValue
|
10000000 | USD |
| CY2013Q1 | glow |
Preferred Stock Series B1 Par Value
PreferredStockSeriesB1ParValue
|
0.0001 | |
| CY2012Q4 | glow |
Preferred Stock Series B1 Par Value
PreferredStockSeriesB1ParValue
|
0.0001 | |
| CY2012Q4 | glow |
Preferred Stock Series B1 Shares Authorized
PreferredStockSeriesB1SharesAuthorized
|
100 | shares |
| CY2013Q1 | glow |
Preferred Stock Series B1 Shares Authorized
PreferredStockSeriesB1SharesAuthorized
|
100 | shares |
| CY2012Q4 | glow |
Preferred Stock Series B1 Stated Value
PreferredStockSeriesB1StatedValue
|
100000 | USD |
| CY2013Q1 | glow |
Preferred Stock Series B1 Stated Value
PreferredStockSeriesB1StatedValue
|
100000 | USD |
| CY2011 | glow |
Selling And Marketing Expense Related Parties
SellingAndMarketingExpenseRelatedParties
|
0 | USD |
| CY2013Q1 | glow |
Selling And Marketing Expense Related Parties
SellingAndMarketingExpenseRelatedParties
|
6000 | USD |
| CY2013Q1 | glow |
Warrants Granted Exercised Exchanged Or Forfeited
WarrantsGrantedExercisedExchangedOrForfeited
|
0 | shares |
| CY2013Q1 | glow |
Working Capital
WorkingCapital
|
548000 | USD |
| CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
| CY2013Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000746210 | |
| CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
28717889 | shares |
| CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
| CY2013Q1 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
130 | employee |
| CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
GLOWPOINT, INC. |
