2013 Q2 Form 10-Q Financial Statement

#000074621013000010 Filed on August 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $8.736M $6.800M
YoY Change 28.47% -2.21%
Cost Of Revenue $4.890M $3.910M
YoY Change 25.06% -12.13%
Gross Profit $3.850M $2.890M
YoY Change 33.22% 15.6%
Gross Profit Margin 44.07% 42.5%
Selling, General & Admin $2.708M $2.180M
YoY Change 24.22% -0.18%
% of Gross Profit 70.34% 75.43%
Research & Development $170.0K
YoY Change
% of Gross Profit 4.42%
Depreciation & Amortization $700.0K $430.0K
YoY Change 62.79% 48.28%
% of Gross Profit 18.18% 14.88%
Operating Expenses $2.708M $2.180M
YoY Change 24.22% -0.18%
Operating Profit $269.0K $285.0K
YoY Change -5.61% 1139.13%
Interest Expense $320.0K $18.00K
YoY Change 1677.78% 28.57%
% of Operating Profit 118.96% 6.32%
Other Income/Expense, Net -$419.0K -$32.00K
YoY Change 1209.38% 6.67%
Pretax Income -$150.0K $250.0K
YoY Change -160.0% -2600.0%
Income Tax $0.00 $5.000K
% Of Pretax Income 2.0%
Net Earnings -$150.0K $248.0K
YoY Change -160.48% 1358.82%
Net Earnings / Revenue -1.72% 3.65%
Basic Earnings Per Share -$0.01 $0.01
Diluted Earnings Per Share -$0.01 $0.01
COMMON SHARES
Basic Shares Outstanding 27.87M shares 24.53M shares
Diluted Shares Outstanding 27.87M shares 25.87M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.800M $1.700M
YoY Change 64.71% 30.77%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $700.0K $400.0K
YoY Change 75.0% -20.0%
Inventory
Prepaid Expenses
Receivables $3.189M $3.041M
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.738M $5.112M
YoY Change 31.81% 11.13%
LONG-TERM ASSETS
Property, Plant & Equipment $3.159M $4.325M
YoY Change -26.96% -16.83%
Goodwill $9.695M
YoY Change
Intangibles $6.627M
YoY Change
Long-Term Investments
YoY Change
Other Assets $605.0K $68.00K
YoY Change 789.71% -32.0%
Total Long-Term Assets $20.09M $4.393M
YoY Change 357.23% -17.11%
TOTAL ASSETS
Total Short-Term Assets $6.738M $5.112M
Total Long-Term Assets $20.09M $4.393M
Total Assets $26.82M $9.505M
YoY Change 182.21% -3.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.048M $1.369M
YoY Change 49.6% -27.95%
Accrued Expenses $1.435M $405.0K
YoY Change 254.32% -77.5%
Deferred Revenue
YoY Change
Short-Term Debt $1.317M $0.00
YoY Change
Long-Term Debt Due $1.317M $1.000M
YoY Change 31.7% 11.11%
Total Short-Term Liabilities $6.087M $3.599M
YoY Change 69.13% -28.02%
LONG-TERM LIABILITIES
Long-Term Debt $9.113M $300.0K
YoY Change 2937.67% -25.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $9.242M $320.0K
YoY Change 2788.13% -20.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.087M $3.599M
Total Long-Term Liabilities $9.242M $320.0K
Total Liabilities $15.33M $3.919M
YoY Change 291.15% -27.43%
SHAREHOLDERS EQUITY
Retained Earnings -$165.8M -$164.3M
YoY Change 0.92%
Common Stock $167.1M $159.7M
YoY Change 4.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.50M $5.586M
YoY Change
Total Liabilities & Shareholders Equity $26.82M $9.505M
YoY Change 182.21% -3.99%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$150.0K $248.0K
YoY Change -160.48% 1358.82%
Depreciation, Depletion And Amortization $700.0K $430.0K
YoY Change 62.79% 48.28%
Cash From Operating Activities $1.090M -$70.00K
YoY Change -1657.14% -41.67%
INVESTING ACTIVITIES
Capital Expenditures -$120.0K -$240.0K
YoY Change -50.0% 118.18%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$110.0K -$240.0K
YoY Change -54.17% 118.18%
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 -40.00K
YoY Change 775.0%
NET CHANGE
Cash From Operating Activities 1.090M -70.00K
Cash From Investing Activities -110.0K -240.0K
Cash From Financing Activities -350.0K -40.00K
Net Change In Cash 630.0K -350.0K
YoY Change -280.0% 52.17%
FREE CASH FLOW
Cash From Operating Activities $1.090M -$70.00K
Capital Expenditures -$120.0K -$240.0K
Free Cash Flow $1.210M $170.0K
YoY Change 611.76% -1800.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2048000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2384000 USD
CY2012Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
13000 USD
CY2013Q2 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
24000 USD
CY2013Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3189000 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4047000 USD
CY2012Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
32000 USD
CY2013Q2 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
24000 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1672000 USD
CY2013Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1435000 USD
CY2012Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
208000 USD
CY2013Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
32000 USD
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
167108000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
166481000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
690000 USD
CY2013Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
179000 USD
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
151000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
69000 USD
CY2013Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
39000 USD
CY2012Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2013Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
60000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
121000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
29000 USD
CY2012Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
14000 USD
CY2012Q4 us-gaap Assets
Assets
29316000 USD
CY2013Q2 us-gaap Assets
Assets
26824000 USD
CY2013Q2 us-gaap Assets Current
AssetsCurrent
6738000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
7162000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
120000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
38000 USD
CY2013Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
259000 USD
CY2012Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
240000 USD
CY2013Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
129000 USD
CY2012Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
231000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
406000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
225000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
43000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
18000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
388000 USD
CY2013Q2 us-gaap Capital Leases Future Minimum Payments Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear
137000 USD
glow Network And Infrastructure
NetworkAndInfrastructure
4108000 USD
us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
59000 USD
CY2012Q2 us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
30000 USD
CY2013Q2 us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
40000 USD
us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
79000 USD
CY2012Q4 us-gaap Cash
Cash
2218000 USD
CY2013Q2 us-gaap Cash
Cash
2804000 USD
CY2011Q4 us-gaap Cash
Cash
1818000 USD
CY2012Q2 us-gaap Cash
Cash
1689000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-129000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
586000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-50000 USD
CY2013Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
1.60
CY2013Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
33000 shares
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28792000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28886000 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28886000 shares
CY2013Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28792000 shares
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
3000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
3000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
130000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
us-gaap Costs And Expenses
CostsAndExpenses
13063000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
8467000 USD
us-gaap Costs And Expenses
CostsAndExpenses
18573000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
6515000 USD
CY2013Q2 us-gaap Customer Deposits Current
CustomerDepositsCurrent
195000 USD
CY2012Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
205000 USD
CY2013Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11088000 USD
CY2013Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
658000 USD
CY2013Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
210000 USD
CY2013Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
124000 USD
CY2012Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
155000 USD
CY2013Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
700000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
865000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1458000 USD
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
425000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
865000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1458000 USD
CY2012Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
0 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
210000 USD
CY2013Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
6000 USD
CY2012Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
15000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
508000 USD
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
561000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-539000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-10000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2652000 USD
CY2012Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1302000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4798000 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1711000 USD
CY2013Q2 us-gaap Goodwill
Goodwill
9695000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
9900000 USD
us-gaap Goodwill Other Changes
GoodwillOtherChanges
-46000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-240000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
425000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2135000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
253000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-150000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-336000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-13000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
573000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-739000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-9000 USD
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
28000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-31000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-61000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-15000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
38000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
52000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-153000 USD
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
133000 shares
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7256000 USD
CY2013Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
6627000 USD
us-gaap Interest Expense
InterestExpense
612000 USD
us-gaap Interest Expense
InterestExpense
29000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
320000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
18000 USD
us-gaap Interest Paid
InterestPaid
586000 USD
us-gaap Interest Paid
InterestPaid
29000 USD
CY2013Q2 us-gaap Interest Payable Current
InterestPayableCurrent
1091000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
15329000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
16313000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26824000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29316000 USD
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6087000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6451000 USD
CY2013Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
9242000 USD
CY2012Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
9862000 USD
CY2013Q2 us-gaap Long Term Debt
LongTermDebt
10430000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
11028000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4129000 USD
CY2013Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1317000 USD
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1397000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
167000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1625000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2167000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3000000 USD
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9631000 USD
CY2013Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9113000 USD
CY2012Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
9631000 USD
CY2013Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
9113000 USD
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;">Basis of Presentation and Liquidity</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. (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Glowpoint</font><font style="font-family:inherit;font-size:10pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">we</font><font style="font-family:inherit;font-size:10pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">us</font><font style="font-family:inherit;font-size:10pt;">&#8221; or the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Company</font><font style="font-family:inherit;font-size:10pt;">&#8221;) is a provider of cloud-based video collaboration services, network services, and business-class support services. We provide our customers with a tailored mix of these services to fit each customer's needs. More than </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1,000</font><font style="font-family:inherit;font-size:10pt;"> different organizations in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">96</font><font style="font-family:inherit;font-size:10pt;"> countries use Glowpoint services to collaborate with colleagues, business partners and customers more effectively. </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;">Our video collaboration services include: i) Glowpoint Now</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">TM</sup></font><font style="font-family:inherit;font-size:10pt;">, a reservationless videoconferencing service that allows users to collaborate via video on-demand from virtually any device, including web browsers; ii) managed videoconferencing, a high-touch, concierge-based managed service whereby Glowpoint sets up and manages customer videoconferences; and iii) video meeting suites, which allow our customers to conduct meetings and events in over </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">4,000</font><font style="font-family:inherit;font-size:10pt;"> video conference rooms across </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">1,300</font><font style="font-family:inherit;font-size:10pt;"> cities without investing in video devices or infrastructure. Glowpoint fully manages the videoconferences held in these suites. </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;">Our network services provide our customers with the flexibility to select specialized solutions or converge multi-service applications on a single network infrastructure to increase bandwidth efficiency and dynamic allocation. All of our network services are offered through our cloud based platform in an effort to make it easier to manage and share real-time information, spread job responsibilities and external resources while enabling stronger continuity of service and better planning for predictable peaks and valleys of the enterprise. </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;">We also offer professional services, including video communication services for broadcast/media content acquisition and remote analyst contribution for live-to-air or live-to-tape production that enable studios to broadcast or stream their media with solutions for mobile, video, and live events. Broadcasters rely on our platform and service delivery to deliver breaking news information. </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:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;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 </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;">, we had </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$2,804,000</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;">$651,000</font><font style="font-family:inherit;font-size:10pt;">. Our cash balance as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> includes restricted cash of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$457,000</font><font style="font-family:inherit;font-size:10pt;"> (as discussed in Note 14). For the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six</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;">June&#160;30, 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;">$2,135,000</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;">$1,354,000</font><font style="font-family:inherit;font-size:10pt;">. We generated cash from operations even though we incurred a net loss due to certain non-cash expenses and changes in working capital. </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;">As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 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;">$1,317,000</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;">$500,000</font><font style="font-family:inherit;font-size:10pt;"> of outstanding borrowings under our revolving line of credit with Comerica Bank (the "Comerica Revolver"), maturing on April 1, 2014, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$817,000</font><font style="font-family:inherit;font-size:10pt;"> of scheduled principal payments under our other debt agreements, summarized in Note 4 below. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 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;">$1,091,000</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;">June&#160;30, 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;">$1,000,000</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;">$4,176,000</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;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six and 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;">June&#160;30, 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;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;">, and the results of operations for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six and 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;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and 2012, the statement of stockholders' equity for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six</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;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and the statement of cash flows for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six</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;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and 2012. The results for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">six and 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;">June&#160;30, 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 was 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/A on April 4, 2013 (the "</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Audited 2012 Financial Statements</font><font style="font-family:inherit;font-size:10pt;">").</font></div></div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-84000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-535000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-233000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-342000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
297000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1354000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
347000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1354000 USD
us-gaap Net Income Loss
NetIncomeLoss
-2135000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-150000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
248000 USD
us-gaap Net Income Loss
NetIncomeLoss
420000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-255000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
420000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2345000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
248000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-802000 USD
CY2012Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-32000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-58000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-419000 USD
CY2013Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
96 country
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Operating Income Loss
OperatingIncomeLoss
483000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-1333000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
285000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-165783000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
264000000 USD
CY2012Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
136000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
269000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1910000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
370000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
223000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
305000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
359000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
349000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
304000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
384000000 USD
CY2013Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
193000 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
105000 USD
CY2013Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
103000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
742000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
605000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
147000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
133000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
353000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
235000 USD
CY2012Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
210000 USD
CY2013Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
105000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
100 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
100 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
100 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
100 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
10000000 USD
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
10000000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
91000 USD
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
122000 USD
CY2013Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
457000 USD
CY2013Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
745000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
897000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
-280000 USD
us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
11000 USD
us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
2000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4256000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3159000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
125000 USD
glow Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsRestrictedStock
1163000 shares
CY2013Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
33000 USD
CY2012Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
59000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
70000 USD
glow Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options And Warrants
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsStockOptionsAndWarrants
140000 shares
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-163648000 USD
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 expenses, network and infrastructure.</font></div></div>
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
13546000 USD
CY2013Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
8736000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
17240000 USD
CY2012Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
6800000 USD
CY2012Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
878000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1864000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2066000 USD
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
997000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
690000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
219000 USD
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1397000 USD
CY2013Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
1317000 USD
us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
14000 shares
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
147000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
13003000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
11495000 USD
CY2013Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
499000 USD
CY2012Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
398000 USD
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>
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25874000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25742000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27868000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27786000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24440000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27786000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24525000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27868000 shares
CY2012Q4 glow Accrued Communication Costs Current
AccruedCommunicationCostsCurrent
244000 USD
CY2013Q2 glow Accrued Communication Costs Current
AccruedCommunicationCostsCurrent
244000 USD
glow Accrued Expenses Sales Taxes And Regulatory Fees
AccruedExpensesSalesTaxesAndRegulatoryFees
-38000 USD
glow Accrued Expenses Sales Taxes And Regulatory Fees
AccruedExpensesSalesTaxesAndRegulatoryFees
-539000 USD
CY2012Q4 glow Accrued Severance Costs
AccruedSeveranceCosts
607000 USD
CY2013Q2 glow Accrued Severance Costs
AccruedSeveranceCosts
495000 USD
glow Bad Debt Expense
BadDebtExpense
52000 USD
glow Bad Debt Expense
BadDebtExpense
119000 USD
CY2013Q2 glow Capital Leases Future Minimum Interest Included In Payment Due In Next Twelve Months
CapitalLeasesFutureMinimumInterestIncludedInPaymentDueInNextTwelveMonths
8000 USD
CY2013Q2 glow Capital Leases Future Minimum Interest Included In Payment Due In Three Years
CapitalLeasesFutureMinimumInterestIncludedInPaymentDueInThreeYears
0 USD
CY2013Q2 glow Capital Leases Future Minimum Interest Included In Payment Due In Two Years
CapitalLeasesFutureMinimumInterestIncludedInPaymentDueInTwoYears
1000 USD
CY2013Q2 glow Capital Leases Future Minimum Interest Includedin Payment Remainderof Fiscal Year
CapitalLeasesFutureMinimumInterestIncludedinPaymentRemainderofFiscalYear
9000 USD
CY2013Q2 glow Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Due In Next Twelve Months
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsDueInNextTwelveMonths
217000 USD
CY2013Q2 glow Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsDueInThreeYears
1000 USD
CY2013Q2 glow Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsDueInTwoYears
42000 USD
CY2013Q2 glow Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments Remainderof Fiscal Year
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPaymentsRemainderofFiscalYear
128000 USD
glow Conversion Price Below This Fair Value Of Common Stock
ConversionPriceBelowThisFairValueOfCommonStock
1.16 USD
glow Debt Reduction In Connection With Severance Obligations Related To Acquisition
DebtReductionInConnectionWithSeveranceObligationsRelatedToAcquisition
240000 USD
glow Debt Reduction In Connection With Severance Obligations Related To Acquisition
DebtReductionInConnectionWithSeveranceObligationsRelatedToAcquisition
0 USD
glow General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
147000 USD
glow General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
147000 USD
CY2012Q2 glow General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
74000 USD
CY2013Q2 glow General And Administrative Expense Related Parties
GeneralAndAdministrativeExpenseRelatedParties
74000 USD
CY2012Q2 glow Global Managed Services
GlobalManagedServices
1765000 USD
glow Global Managed Services
GlobalManagedServices
6143000 USD
glow Global Managed Services
GlobalManagedServices
3461000 USD
CY2013Q2 glow Global Managed Services
GlobalManagedServices
2953000 USD
glow Goodwill Settlements
GoodwillSettlements
11000 USD
dei Entity Registrant Name
EntityRegistrantName
GLOWPOINT, INC.
CY2012Q2 glow Incremental Common Shares Attributable To Dilutive Effect Of Share Based Payment Arrangements Stock Options And Warrants
IncrementalCommonSharesAttributableToDilutiveEffectOfShareBasedPaymentArrangementsStockOptionsAndWarrants
106000 shares
CY2012Q4 glow Preferred Stock Series A2
PreferredStockSeriesA2
167000 USD
CY2013Q2 glow Network And Infrastructure
NetworkAndInfrastructure
2106000 USD
glow Network And Infrastructure
NetworkAndInfrastructure
4221000 USD
CY2012Q2 glow Network And Infrastructure
NetworkAndInfrastructure
2145000 USD
CY2012Q4 glow Preferred Stock Series A2 Liquidation Value
PreferredStockSeriesA2LiquidationValue
396000 USD
CY2013Q2 glow Preferred Stock Series A2 Liquidation Value
PreferredStockSeriesA2LiquidationValue
396000 USD
glow Number Of Entity Enterprises
NumberOfEntityEnterprises
1000 enterprise
CY2011 glow Number Of Non Cancelable Lease Agreements
NumberOfNonCancelableLeaseAgreements
2 lease
glow Number Of Non Cancelable Lease Agreements
NumberOfNonCancelableLeaseAgreements
3 lease
CY2013Q2 glow Numberof Citiesin Which Company Operates
NumberofCitiesinWhichCompanyOperates
1300 city
glow Numberof Conference Rooms
NumberofConferenceRooms
4000 room
CY2012Q4 glow Ppreferred Stock Series A2 Shares Issued
PpreferredStockSeriesA2SharesIssued
53 shares
CY2013Q2 glow Ppreferred Stock Series A2 Shares Issued
PpreferredStockSeriesA2SharesIssued
53 shares
glow Preferred Stock Dividends Periodic Accrual
PreferredStockDividendsPeriodicAccrual
105000 USD
CY2013Q2 glow Preferred Stock Series A2
PreferredStockSeriesA2
167000 USD
CY2012Q4 glow Preferred Stock Series A2 Par Value
PreferredStockSeriesA2ParValue
0.0001
CY2013Q2 glow Preferred Stock Series A2 Par Value
PreferredStockSeriesA2ParValue
0.0001
CY2012Q4 glow Preferred Stock Series A2 Shares Authorized
PreferredStockSeriesA2SharesAuthorized
7500 shares
CY2013Q2 glow Preferred Stock Series A2 Shares Authorized
PreferredStockSeriesA2SharesAuthorized
7500 shares
CY2013Q2 glow Preferred Stock Series A2 Shares Outstanding
PreferredStockSeriesA2SharesOutstanding
53 shares
CY2012Q4 glow Preferred Stock Series A2 Shares Outstanding
PreferredStockSeriesA2SharesOutstanding
53 shares
CY2013Q2 glow Preferred Stock Series A2 Stated Value
PreferredStockSeriesA2StatedValue
7500 USD
CY2012Q4 glow Preferred Stock Series A2 Stated Value
PreferredStockSeriesA2StatedValue
7500 USD
CY2013Q2 glow Preferred Stock Series B1 Liquidation Value
PreferredStockSeriesB1LiquidationValue
10000000 USD
CY2012Q4 glow Preferred Stock Series B1 Liquidation Value
PreferredStockSeriesB1LiquidationValue
10000000 USD
CY2012Q4 glow Preferred Stock Series B1 Par Value
PreferredStockSeriesB1ParValue
0.0001
CY2013Q2 glow Preferred Stock Series B1 Par Value
PreferredStockSeriesB1ParValue
0.0001
CY2013Q2 glow Preferred Stock Series B1 Shares Authorized
PreferredStockSeriesB1SharesAuthorized
100 shares
CY2012Q4 glow Preferred Stock Series B1 Shares Authorized
PreferredStockSeriesB1SharesAuthorized
100 shares
CY2013Q2 glow Preferred Stock Series B1 Stated Value
PreferredStockSeriesB1StatedValue
100000 USD
CY2012Q4 glow Preferred Stock Series B1 Stated Value
PreferredStockSeriesB1StatedValue
100000 USD
CY2012Q2 glow Selling And Marketing Expense Related Parties
SellingAndMarketingExpenseRelatedParties
0 USD
glow Selling And Marketing Expense Related Parties
SellingAndMarketingExpenseRelatedParties
0 USD
glow Selling And Marketing Expense Related Parties
SellingAndMarketingExpenseRelatedParties
12000 USD
CY2013Q2 glow Selling And Marketing Expense Related Parties
SellingAndMarketingExpenseRelatedParties
6000 USD
CY2013Q2 glow Warrants Granted Exercised Exchanged Or Forfeited
WarrantsGrantedExercisedExchangedOrForfeited
0 shares
CY2013Q2 glow Working Capital
WorkingCapital
651000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000746210
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
28807349 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013

Files In Submission

Name View Source Status
0000746210-13-000010-index-headers.html Edgar Link pending
0000746210-13-000010-index.html Edgar Link pending
0000746210-13-000010.txt Edgar Link pending
0000746210-13-000010-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
glow-20130630.xml Edgar Link completed
glow-20130630.xsd Edgar Link pending
glow-20130630_cal.xml Edgar Link unprocessable
glow-20130630_def.xml Edgar Link unprocessable
glow-20130630_lab.xml Edgar Link unprocessable
glow-20130630_pre.xml Edgar Link unprocessable
glow-2013630x10q.htm Edgar Link pending
glow-ex311_2013630xq2.htm Edgar Link pending
glow-ex312_2013630xq2.htm Edgar Link pending
glow-ex321_2013630xq2.htm Edgar Link pending
R1.htm Edgar Link pending
R1.xml Edgar Link unprocessable
R10.htm Edgar Link pending
R10.xml Edgar Link unprocessable
R11.htm Edgar Link pending
R11.xml Edgar Link unprocessable
R12.htm Edgar Link pending
R12.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R13.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R14.xml Edgar Link unprocessable
R15.htm Edgar Link pending
R15.xml Edgar Link unprocessable
R16.htm Edgar Link pending
R16.xml Edgar Link unprocessable
R17.htm Edgar Link pending
R17.xml Edgar Link unprocessable
R18.htm Edgar Link pending
R18.xml Edgar Link unprocessable
R19.htm Edgar Link pending
R19.xml Edgar Link unprocessable
R2.htm Edgar Link pending
R2.xml Edgar Link unprocessable
R20.htm Edgar Link pending
R20.xml Edgar Link unprocessable
R21.htm Edgar Link pending
R21.xml Edgar Link unprocessable
R22.htm Edgar Link pending
R22.xml Edgar Link unprocessable
R23.htm Edgar Link pending
R23.xml Edgar Link unprocessable
R24.htm Edgar Link pending
R24.xml Edgar Link unprocessable
R25.htm Edgar Link pending
R25.xml Edgar Link unprocessable
R26.htm Edgar Link pending
R26.xml Edgar Link unprocessable
R27.htm Edgar Link pending
R27.xml Edgar Link unprocessable
R28.htm Edgar Link pending
R28.xml Edgar Link unprocessable
R29.htm Edgar Link pending
R29.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R3.xml Edgar Link unprocessable
R30.htm Edgar Link pending
R30.xml Edgar Link unprocessable
R31.htm Edgar Link pending
R31.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R32.xml Edgar Link unprocessable
R33.htm Edgar Link pending
R33.xml Edgar Link unprocessable
R34.htm Edgar Link pending
R34.xml Edgar Link unprocessable
R35.htm Edgar Link pending
R35.xml Edgar Link unprocessable
R36.htm Edgar Link pending
R36.xml Edgar Link unprocessable
R37.htm Edgar Link pending
R37.xml Edgar Link unprocessable
R38.htm Edgar Link pending
R38.xml Edgar Link unprocessable
R39.htm Edgar Link pending
R39.xml Edgar Link unprocessable
R4.htm Edgar Link pending
R4.xml Edgar Link unprocessable
R40.htm Edgar Link pending
R40.xml Edgar Link unprocessable
R41.htm Edgar Link pending
R41.xml Edgar Link unprocessable
R42.htm Edgar Link pending
R42.xml Edgar Link unprocessable
R43.htm Edgar Link pending
R43.xml Edgar Link unprocessable
R44.htm Edgar Link pending
R44.xml Edgar Link unprocessable
R45.htm Edgar Link pending
R45.xml Edgar Link unprocessable
R46.htm Edgar Link pending
R46.xml Edgar Link unprocessable
R47.htm Edgar Link pending
R47.xml Edgar Link unprocessable
R48.htm Edgar Link pending
R48.xml Edgar Link unprocessable
R49.htm Edgar Link pending
R49.xml Edgar Link unprocessable
R5.htm Edgar Link pending
R5.xml Edgar Link unprocessable
R50.htm Edgar Link pending
R50.xml Edgar Link unprocessable
R51.htm Edgar Link pending
R51.xml Edgar Link unprocessable
R52.htm Edgar Link pending
R52.xml Edgar Link unprocessable
R6.htm Edgar Link pending
R6.xml Edgar Link unprocessable
R7.htm Edgar Link pending
R7.xml Edgar Link unprocessable
R8.htm Edgar Link pending
R8.xml Edgar Link unprocessable
R9.htm Edgar Link pending
R9.xml Edgar Link unprocessable
report.css Edgar Link pending
Show.js Edgar Link pending