2015 Q2 Form 10-Q Financial Statement
#000074621015000092 Filed on August 05, 2015
Income Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
Revenue | $6.528M | $8.468M |
YoY Change | -22.91% | -3.07% |
Cost Of Revenue | $3.700M | $4.820M |
YoY Change | -23.24% | -1.43% |
Gross Profit | $2.820M | $3.640M |
YoY Change | -22.53% | -5.45% |
Gross Profit Margin | 43.2% | 42.99% |
Selling, General & Admin | $1.817M | $2.251M |
YoY Change | -19.28% | -16.88% |
% of Gross Profit | 64.43% | 61.84% |
Research & Development | $335.0K | $290.0K |
YoY Change | 15.52% | 70.59% |
% of Gross Profit | 11.88% | 7.97% |
Depreciation & Amortization | $560.0K | $660.0K |
YoY Change | -15.15% | -5.71% |
% of Gross Profit | 19.86% | 18.13% |
Operating Expenses | $2.152M | $2.251M |
YoY Change | -4.4% | -16.88% |
Operating Profit | $103.0K | $357.0K |
YoY Change | -71.15% | 32.71% |
Interest Expense | $349.0K | $334.0K |
YoY Change | 4.49% | 4.38% |
% of Operating Profit | 338.83% | 93.56% |
Other Income/Expense, Net | -$372.0K | -$356.0K |
YoY Change | 4.49% | -15.04% |
Pretax Income | -$270.0K | $0.00 |
YoY Change | -100.0% | |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$269.0K | $1.000K |
YoY Change | -27000.0% | -100.67% |
Net Earnings / Revenue | -4.12% | 0.01% |
Basic Earnings Per Share | -$0.01 | $0.00 |
Diluted Earnings Per Share | -$0.01 | $0.00 |
COMMON SHARES | ||
Basic Shares Outstanding | 35.69M shares | 35.49M shares |
Diluted Shares Outstanding | 35.40M shares | 34.96M shares |
Balance Sheet
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.600M | $2.100M |
YoY Change | -23.81% | -25.0% |
Cash & Equivalents | ||
Short-Term Investments | ||
Other Short-Term Assets | $600.0K | $600.0K |
YoY Change | 0.0% | -14.29% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $3.356M | $3.603M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $5.537M | $6.286M |
YoY Change | -11.92% | -6.71% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.322M | $3.192M |
YoY Change | 4.07% | 1.04% |
Goodwill | $9.825M | $9.825M |
YoY Change | 0.0% | 1.34% |
Intangibles | $2.612M | $5.369M |
YoY Change | -51.35% | -18.98% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $189.0K | $327.0K |
YoY Change | -42.2% | -45.95% |
Total Long-Term Assets | $15.95M | $18.71M |
YoY Change | -14.78% | -6.84% |
TOTAL ASSETS | ||
Total Short-Term Assets | $5.537M | $6.286M |
Total Long-Term Assets | $15.95M | $18.71M |
Total Assets | $21.49M | $25.00M |
YoY Change | -14.06% | -6.8% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $645.0K | $2.190M |
YoY Change | -70.55% | 6.93% |
Accrued Expenses | $1.676M | $1.906M |
YoY Change | -12.07% | 32.82% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $100.0K | $197.0K |
YoY Change | -49.24% | -85.04% |
Long-Term Debt Due | $100.0K | $197.0K |
YoY Change | -49.24% | -85.04% |
Total Short-Term Liabilities | $3.025M | $4.891M |
YoY Change | -38.15% | -19.65% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $10.79M | $10.89M |
YoY Change | -0.92% | 19.44% |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $10.93M | $10.90M |
YoY Change | 0.27% | 17.92% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.025M | $4.891M |
Total Long-Term Liabilities | $10.93M | $10.90M |
Total Liabilities | $13.95M | $15.79M |
YoY Change | -11.63% | 3.0% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$171.1M | -$168.7M |
YoY Change | 1.44% | 1.75% |
Common Stock | $178.7M | $177.8M |
YoY Change | 0.5% | 6.4% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $205.0K | $66.00K |
YoY Change | 210.61% | |
Treasury Stock Shares | 179.0K shares | 40.00K shares |
Shareholders Equity | $7.533M | $9.210M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $21.49M | $25.00M |
YoY Change | -14.06% | -6.8% |
Cashflow Statement
Concept | 2015 Q2 | 2014 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$269.0K | $1.000K |
YoY Change | -27000.0% | -100.67% |
Depreciation, Depletion And Amortization | $560.0K | $660.0K |
YoY Change | -15.15% | -5.71% |
Cash From Operating Activities | $370.0K | $720.0K |
YoY Change | -48.61% | -33.94% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$300.0K | -$650.0K |
YoY Change | -53.85% | 441.67% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | $0.00 |
YoY Change | ||
Cash From Investing Activities | -$290.0K | -$650.0K |
YoY Change | -55.38% | 490.91% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -310.0K | -150.0K |
YoY Change | 106.67% | -57.14% |
NET CHANGE | ||
Cash From Operating Activities | 370.0K | 720.0K |
Cash From Investing Activities | -290.0K | -650.0K |
Cash From Financing Activities | -310.0K | -150.0K |
Net Change In Cash | -230.0K | -80.00K |
YoY Change | 187.5% | -112.7% |
FREE CASH FLOW | ||
Cash From Operating Activities | $370.0K | $720.0K |
Capital Expenditures | -$300.0K | -$650.0K |
Free Cash Flow | $670.0K | $1.370M |
YoY Change | -51.09% | 13.22% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Filer Category
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Entity Registrant Name
EntityRegistrantName
|
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Accrued Severance Costs
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-27000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
178000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-341000 | USD | |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3047000 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2612000 | USD |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
334000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
668000 | USD | |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
349000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
686000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
656000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
642000 | USD | |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
143000 | USD |
CY2015Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
181000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
14649000 | USD |
CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
13952000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22616000 | USD |
CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21485000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3721000 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3025000 | USD |
CY2014Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
10928000 | USD |
CY2015Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
10927000 | USD |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-822000 | USD | |
CY2014Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
11185000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1246000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
969000 | USD | |
CY2015Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
10885000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
400000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
100000 | USD |
CY2014Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
10785000 | USD |
CY2015Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
10785000 | USD |
CY2015Q2 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
1 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-362000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-454000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1077000 | USD | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-833000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-269000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-503000 | USD | |
CY2014Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-843000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-274000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-513000 | USD | |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-356000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-712000 | USD | |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-372000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-731000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
357000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-121000 | USD | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
103000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
228000 | USD | |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1163000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
294000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
23000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
88000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
308000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
301000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
149000 | USD |
CY2014Q2 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
154000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
319000 | USD | |
CY2015Q2 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
69000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
195000 | USD | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
382000 | USD |
CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
313000 | USD |
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
178000 | USD | |
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
134000 | USD | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
262000 | USD |
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
189000 | USD |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
165000 | USD | |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
66000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
139000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
59000 | USD | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
10000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
6.54 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
48000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
866000 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.05 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.02 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
5000 | shares | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
-1000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
3000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1081000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
825000 | USD | |
CY2014Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
5000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
10000 | USD | |
CY2015Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
5000 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
396000 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
396000 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7500 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7500 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
53 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
53 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
53 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
53 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
167000 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
167000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1025000 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
550000 | USD |
us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
0 | USD | |
us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
18000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
4000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3000 | USD | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3246000 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3322000 | USD |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
131000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
30000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
102000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
300000 | USD | |
CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
148000 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-170614000 | USD |
CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-171117000 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
8468000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
16449000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
6528000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
13691000 | USD | |
CY2014Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
918000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1743000 | USD | |
CY2015Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
431000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1139000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
290000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
336000 | USD | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
729000 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1297000 | shares |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.99 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.00 | ||
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.02 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.00 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.00 | ||
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1350000 | shares |
CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
400000 | USD |
CY2015Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
100000 | USD |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
-82000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
0 | USD | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7967000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7533000 | USD |
CY2014Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
444000 | USD |
CY2015Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
541000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
40000 | shares |
CY2015Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
179000 | shares |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
66000 | USD |
CY2015Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
205000 | USD |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
139000 | USD | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34958000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34912000 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
35400000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
35466000 | shares | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34958000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34912000 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
35400000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
35466000 | shares | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
34958000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
34912000 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
35400000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
35466000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business Description and Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business Description</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Glowpoint, Inc. (“</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Glowpoint</font><font style="font-family:inherit;font-size:10pt;">” or “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">we</font><font style="font-family:inherit;font-size:10pt;">” or “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">us</font><font style="font-family:inherit;font-size:10pt;">” or the “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Company</font><font style="font-family:inherit;font-size:10pt;">”) is a provider of video collaboration and network services. Our services enable our customers to use videoconferencing as an efficient and effective method of communication for their business meetings. Our customers include Fortune 1000 companies, along with small and medium enterprises in a variety of industries. We market our services globally through a multi-channel sales approach that includes direct sales and channel partners. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;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;">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:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Principles of Consolidation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated financial statements include the accounts of Glowpoint and our </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;">-owned subsidiary, GP Communications, LLC, whose business function is to provide interstate telecommunications services for regulatory purposes. All material inter-company balances and transactions have been eliminated in consolidation. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;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:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;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;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> 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;">June 30, 2015</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;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, the statement of stockholders' equity for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</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;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">. The results of operations and cash flows for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</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 consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font><font style="font-family:inherit;font-size:10pt;"> was derived from audited financial statements as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font><font style="font-family:inherit;font-size:10pt;">. 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 consolidated financial statements and the footnotes thereto, together with Management's Discussion and Analysis of Financial Condition and Results of Operations, contained in the Company's Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;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;">Certain prior year amounts have been reclassified to conform with the current year presentation.</font></div></div> | ||
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Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We recognize taxes billed to customers in revenue and taxes remitted to taxing authorities in our cost of revenue.</font></div></div> | ||
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Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;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;">Certain prior year amounts have been reclassified to conform with the current year presentation.</font></div></div> | ||
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Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;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:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparation of the condensed 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 condensed 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 condensed 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 valuation of goodwill, the valuation of intangible assets and their estimated lives, and the estimated lives and recoverability of property and equipment. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> |