$SOFO
Sonic Foundry Inc

2013 Q4 Form 10-Q Financial Statement

#000119312514051034 Filed on February 13, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4
Revenue $7.206M $6.552M
YoY Change 9.98% 5.93%
Cost Of Revenue $1.810M $1.685M
YoY Change 7.42% 0.3%
Gross Profit $5.396M $4.867M
YoY Change 10.87% 7.99%
Gross Profit Margin 74.88% 74.28%
Selling, General & Admin $4.336M $3.822M
YoY Change 13.45% 6.17%
% of Gross Profit 80.36% 78.53%
Research & Development $1.236M $1.176M
YoY Change 5.1% 20.0%
% of Gross Profit 22.91% 24.16%
Depreciation & Amortization $296.0K $252.0K
YoY Change 17.46% 26.0%
% of Gross Profit 5.49% 5.18%
Operating Expenses $6.022M $4.998M
YoY Change 20.49% 9.13%
Operating Profit -$626.0K -$131.0K
YoY Change 377.86% 81.94%
Interest Expense $20.00K $80.00K
YoY Change -75.0%
% of Operating Profit
Other Income/Expense, Net $6.000K -$26.00K
YoY Change -123.08% -48.0%
Pretax Income -$620.0K -$79.00K
YoY Change 684.81% -34.17%
Income Tax $70.00K $60.00K
% Of Pretax Income
Net Earnings -$690.0K -$139.0K
YoY Change 396.4% -24.46%
Net Earnings / Revenue -9.58% -2.12%
Basic Earnings Per Share -$0.17 -$0.04
Diluted Earnings Per Share -$0.17 -$0.04
COMMON SHARES
Basic Shares Outstanding 3.995M shares 3.898M shares
Diluted Shares Outstanding 3.995M shares 3.898M shares

Balance Sheet

Concept 2013 Q4 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.100M $4.300M
YoY Change -27.91% 4.88%
Cash & Equivalents $3.097M $4.286M
Short-Term Investments
Other Short-Term Assets $1.400M $900.0K
YoY Change 55.56% 28.57%
Inventory $1.592M $1.200M
Prepaid Expenses
Receivables $6.817M $5.300M
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.95M $11.80M
YoY Change 9.74% 5.36%
LONG-TERM ASSETS
Property, Plant & Equipment $3.150M $2.900M
YoY Change 8.62% 11.54%
Goodwill $7.576M
YoY Change
Intangibles $10.00K
YoY Change
Long-Term Investments $408.0K $500.0K
YoY Change -18.4%
Other Assets
YoY Change
Total Long-Term Assets $12.85M $11.00M
YoY Change 16.83% 7.84%
TOTAL ASSETS
Total Short-Term Assets $12.95M $11.80M
Total Long-Term Assets $12.85M $11.00M
Total Assets $25.80M $22.80M
YoY Change 13.16% 6.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.697M $1.200M
YoY Change 41.42% 20.0%
Accrued Expenses $2.143M $900.0K
YoY Change 138.11% -35.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M $800.0K
YoY Change 25.0% 14.29%
Total Short-Term Liabilities $10.97M $8.400M
YoY Change 30.6% 2.44%
LONG-TERM LIABILITIES
Long-Term Debt $600.0K $800.0K
YoY Change -25.0% -27.27%
Other Long-Term Liabilities $1.300M $900.0K
YoY Change 44.44% 0.0%
Total Long-Term Liabilities $1.900M $1.700M
YoY Change 11.76% -15.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.97M $8.400M
Total Long-Term Liabilities $1.900M $1.700M
Total Liabilities $15.12M $12.20M
YoY Change 23.96% 0.83%
SHAREHOLDERS EQUITY
Retained Earnings -$180.2M
YoY Change
Common Stock $40.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $169.0K
YoY Change
Treasury Stock Shares 12.72K shares
Shareholders Equity $10.68M $10.60M
YoY Change
Total Liabilities & Shareholders Equity $25.80M $22.80M
YoY Change 13.16% 6.54%

Cashflow Statement

Concept 2013 Q4 2012 Q4
OPERATING ACTIVITIES
Net Income -$690.0K -$139.0K
YoY Change 396.4% -24.46%
Depreciation, Depletion And Amortization $296.0K $252.0K
YoY Change 17.46% 26.0%
Cash From Operating Activities $38.00K $124.0K
YoY Change -69.35% -113.63%
INVESTING ACTIVITIES
Capital Expenditures $117.0K $143.0K
YoY Change -18.18% -126.98%
Acquisitions
YoY Change
Other Investing Activities -$120.0K
YoY Change
Cash From Investing Activities -$236.0K -$143.0K
YoY Change 65.03% -73.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -187.0K -173.0K
YoY Change 8.09% -676.67%
NET CHANGE
Cash From Operating Activities 38.00K 124.0K
Cash From Investing Activities -236.0K -143.0K
Cash From Financing Activities -187.0K -173.0K
Net Change In Cash -385.0K -192.0K
YoY Change 100.52% -86.38%
FREE CASH FLOW
Cash From Operating Activities $38.00K $124.0K
Capital Expenditures $117.0K $143.0K
Free Cash Flow -$79.00K -$19.00K
YoY Change 315.79% -95.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4232300 shares
CY2011Q2 sofo Leasehold Improvement Liability
LeaseholdImprovementLiability
613000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4286000
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4029350 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
708101 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4042066 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.41
CY2013Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
10600 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1235988 shares
CY2013Q4 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
100000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.51
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
12716 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2143000
CY2013Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
158000
CY2013Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3744000
CY2013Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
191317000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1697000
CY2013Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
119000
CY2013Q4 us-gaap Notes Payable Current
NotesPayableCurrent
600000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
10970000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-239000
CY2013Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
160000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
10677000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
90000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-180246000
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
6143000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
1111000
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
140000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
40000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25800000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2270000
CY2013Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
458000
CY2013Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
229000
CY2013Q4 us-gaap Liabilities
Liabilities
15123000
CY2013Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
842000
CY2013Q4 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
621000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
12949000
CY2013Q4 us-gaap Goodwill
Goodwill
7576000
CY2013Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
852000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
923000
CY2013Q4 us-gaap Assets
Assets
25800000
CY2013Q4 sofo Leasehold Improvement Liability
LeaseholdImprovementLiability
423000
CY2013Q4 sofo Maximum Amount Of Term Loan
MaximumAmountOfTermLoan
2000000
CY2013Q4 sofo Leasehold Improvement Unamortized Balance
LeaseholdImprovementUnamortizedBalance
423000
CY2013Q4 sofo Share Based Compensation Arrangements Estimated Forfeitures
ShareBasedCompensationArrangementsEstimatedForfeitures
222000
CY2013Q4 sofo Cash And Cash Equivalents Deposited Number Of Major Financial Institutions
CashAndCashEquivalentsDepositedNumberOfMajorFinancialInstitutions
2 Financial_Institution
CY2013Q4 sofo Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles And Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangiblesAndGoodwill
1293000
CY2013Q4 sofo Percentage Of Net Deferred Tax Assets Recognized Due To Uncertainty
PercentageOfNetDeferredTaxAssetsRecognizedDueToUncertainty
1.00 pure
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4478000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3097000
CY2013Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
458000
CY2013Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
583000
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6817000
CY2013Q4 us-gaap Inventory Net
InventoryNet
1592000
CY2013Q4 us-gaap Equity Method Investments
EquityMethodInvestments
408000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6894000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
339000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
1493000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
2604000
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1443000
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
998000
CY2013Q4 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
26000
CY2013Q4 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
414000
CY2013Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
49000
CY2013Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
5459000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
169000
CY2013Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1134000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3150000
CY2013Q4 sofo Maximum Amount Of Term Debt
MaximumAmountOfTermDebt
2400000
CY2013Q4 sofo Related Party Transaction Accrued Liabilities For Unbilled Services
RelatedPartyTransactionAccruedLiabilitiesForUnbilledServices
30000
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3986918 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3999634 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.54
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
997045 shares
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2013Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
12716 shares
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2013Q3 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2013Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1204000
CY2013Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
223000
CY2013Q3 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3449000
CY2013Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
CY2013Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
190653000
CY2013Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1513000
CY2013Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
75000
CY2013Q3 us-gaap Notes Payable Current
NotesPayableCurrent
634000
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
10044000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-238000
CY2013Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
149000
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
10704000
CY2013Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
90000
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-179556000
CY2013Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
6470000
CY2013Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
135000
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
40000
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24333000
CY2013Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2210000
CY2013Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
133000
CY2013Q3 us-gaap Liabilities
Liabilities
13629000
CY2013Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
648000
CY2013Q3 us-gaap Assets Current
AssetsCurrent
12619000
CY2013Q3 us-gaap Goodwill
Goodwill
7576000
CY2013Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
852000
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15000
CY2013Q3 us-gaap Assets
Assets
24333000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3482000
CY2013Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
516000
CY2013Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
581000
CY2013Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6885000
CY2013Q3 us-gaap Inventory Net
InventoryNet
1447000
CY2013Q3 us-gaap Equity Method Investments
EquityMethodInvestments
385000
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6729000
CY2013Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
805000
CY2013Q3 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
26000
CY2013Q3 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
458000
CY2013Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
5296000
CY2013Q3 us-gaap Treasury Stock Value
TreasuryStockValue
169000
CY2013Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
931000
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3280000
CY2013Q3 sofo Related Party Transaction Accrued Liabilities For Unbilled Services
RelatedPartyTransactionAccruedLiabilitiesForUnbilledServices
14000
CY2013Q3 sofo Leasehold Improvement Liability
LeaseholdImprovementLiability
445000
CY2013Q4 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2013Q3 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2013 sofo Capitalization Of Software Development Costs
CapitalizationOfSoftwareDevelopmentCosts
533000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0037 pure
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3897880 shares
CY2012Q4 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
47000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4934 pure
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2012Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y9M18D
CY2012Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2012Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
124000
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3897880 shares
CY2012Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1051911 shares
CY2012Q4 us-gaap Revenues
Revenues
6552000
CY2012Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
180000
CY2012Q4 us-gaap Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
0
CY2012Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-139000
CY2012Q4 us-gaap Gross Profit
GrossProfit
4867000
CY2012Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2841000
CY2012Q4 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
166000
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-131000
CY2012Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
71000
CY2012Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3640000
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-79000
CY2012Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-262000
CY2012Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-26000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-139000
CY2012Q4 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
35000
CY2012Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
190000
CY2012Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2012Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
78000
CY2012Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
143000
CY2012Q4 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-351000
CY2012Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
815000
CY2012Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-173000
CY2012Q4 us-gaap Cost Of Services
CostOfServices
371000
CY2012Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
1314000
CY2012Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
60000
CY2012Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
323000
CY2012Q4 us-gaap Share Based Compensation
ShareBasedCompensation
182000
CY2012Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-192000
CY2012Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3007000
CY2012Q4 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-22000
CY2012Q4 us-gaap Cost Of Revenue
CostOfRevenue
1685000
CY2012Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-143000
CY2012Q4 us-gaap Legal Fees
LegalFees
0
CY2012Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1176000
CY2012Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
28000
CY2012Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
252000
CY2012Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5000
CY2012Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
4998000
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
60000
CY2012Q4 sofo Property And Equipment Financed By Accrued Liabilities Capital Lease Obligation And Other Long Term Liabilities
PropertyAndEquipmentFinancedByAccruedLiabilitiesCapitalLeaseObligationAndOtherLongTermLiabilities
88000
CY2012Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.1232 pure
CY2012Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedExerciseFactor
1.36 pure
CY2013Q4 dei Trading Symbol
TradingSymbol
SOFO
CY2013Q4 dei Entity Registrant Name
EntityRegistrantName
SONIC FOUNDRY INC
CY2013Q4 dei Amendment Flag
AmendmentFlag
false
CY2013Q4 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2013Q4 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2013Q4 dei Document Type
DocumentType
10-Q
CY2013Q4 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013Q4 dei Entity Central Index Key
EntityCentralIndexKey
0001029744
CY2013Q4 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
CY2013Q4 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0060 pure
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3995321 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4715 pure
CY2013Q4 us-gaap Debt Instrument Maturity Date Range End1
DebtInstrumentMaturityDateRangeEnd1
2015-10-01
CY2013Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.41
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y1M6D
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y9M18D
CY2013Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.91
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85 pure
CY2013Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.38
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2013Q4 us-gaap Debt Instrument Maturity Date Range Start1
DebtInstrumentMaturityDateRangeStart1
2013-10-01
CY2013Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.24
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
249900 shares
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3995321 shares
CY2013Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38000
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M
CY2013Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4824 shares
CY2013Q4 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Concentration of Credit Risk and Other Risks and Uncertainties</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> The Company&#x2019;s cash and cash equivalents are deposited with two major financial institutions. At times, deposits in these institutions exceed the amount of insurance provided on such deposits. The Company has not experienced any losses on such amounts and believes that it is not exposed to any significant credit risk on these balances.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> We assess the realization of our receivables by performing ongoing credit evaluations of our customers&#x2019; financial condition. Through these evaluations, we may become aware of a situation where a customer may not be able to meet its financial obligations due to deterioration of its financial viability, credit ratings or bankruptcy.&#xA0;Our reserve requirements are based on the best facts available to us and are reevaluated and adjusted as additional information is received.&#xA0;Our reserves are also based on amounts determined by using percentages applied to certain aged receivable categories.&#xA0;These percentages are determined by a variety of factors including, but not limited to, current economic trends, historical payment and bad debt write-off experience.&#xA0;Allowance for doubtful accounts for accounts receivable was $90,000 at December&#xA0;31, 2013 and at September&#xA0;30, 2013.</p> </div>
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
6133 shares
CY2013Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1235988 shares
CY2013Q4 us-gaap Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
3746 shares
CY2013Q4 us-gaap Revenues
Revenues
7206000
CY2013Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
86000
CY2013Q4 us-gaap Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
44000
CY2013Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-691000
CY2013Q4 us-gaap Gross Profit
GrossProfit
5396000
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2812000
CY2013Q4 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
167000
CY2013Q4 us-gaap Stock Issued1
StockIssued1
348000
CY2013Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1000
CY2013Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1000
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-626000
CY2013Q4 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
78000
CY2013Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
4316000
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-620000
CY2013Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-266000
CY2013Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-17000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-690000
CY2013Q4 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
55000
CY2013Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
79000
CY2013Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2013Q4 us-gaap Notes Issued1
NotesIssued1
687000
CY2013Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23000
CY2013Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
117000
CY2013Q4 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
119000
CY2013Q4 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
174000
CY2013Q4 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
90000
CY2013Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
960000
CY2013Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-187000
CY2013Q4 us-gaap Cost Of Services
CostOfServices
457000
CY2013Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
1353000
CY2013Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
70000
CY2013Q4 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0
CY2013Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-199000
CY2013Q4 us-gaap Share Based Compensation
ShareBasedCompensation
282000
CY2013Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-385000
CY2013Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3376000
CY2013Q4 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-22000
CY2013Q4 us-gaap Acquisition Costs
AcquisitionCosts
450000
CY2013Q4 us-gaap Cost Of Revenue
CostOfRevenue
1810000
CY2013Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-236000
CY2013Q4 us-gaap Legal Fees
LegalFees
0
CY2013Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1236000
CY2013Q4 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1293000
CY2013Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
35000
CY2013Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
296000
CY2013Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5000
CY2013Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
6022000
CY2013Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000
CY2013Q4 sofo Number Of Complete Employment Period On First Day Of Each Offering Period
NumberOfCompleteEmploymentPeriodOnFirstDayOfEachOfferingPeriod
P90D
CY2013Q4 sofo Amortization Of Software Development Costs
AmortizationOfSoftwareDevelopmentCosts
44000
CY2013Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Offering Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOfferingPeriod
P6M
CY2013Q4 sofo Standard Product Warranty Term Maximum
StandardProductWarrantyTermMaximum
P1Y
CY2013Q4 sofo Share Based Compensation Arrangements By Share Based Payment Award Grants In Period Weighted Average Contractual Period
ShareBasedCompensationArrangementsByShareBasedPaymentAwardGrantsInPeriodWeightedAverageContractualPeriod
P9Y9M18D
CY2013Q4 sofo Hosting Agreement Term
HostingAgreementTerm
P1Y
CY2013Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.1219 pure
CY2013Q4 sofo Debt Instrument Interest Rate On Unused Portion Percentage Rate Range Minimum
DebtInstrumentInterestRateOnUnusedPortionPercentageRateRangeMinimum
0.0075 pure
CY2013Q4 sofo Goodwill For Tax Purposes Amortization Period
GoodwillForTaxPurposesAmortizationPeriod
P15Y
CY2013Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Forfeitures In Period Weighted Average Contractual Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardForfeituresInPeriodWeightedAverageContractualPeriod
P6Y4M24D
CY2013Q4 sofo Employee Not Eligible To Participate
EmployeeNotEligibleToParticipate
0.05 pure
CY2013Q4 sofo Lease Maturity Period
LeaseMaturityPeriod
November 2011 through December 2018.
CY2013Q4 sofo Selling Period Of Hosting Contracts To Customers
SellingPeriodOfHostingContractsToCustomers
P1Y
CY2013Q4 sofo Capitalization Of Software Development Costs
CapitalizationOfSoftwareDevelopmentCosts
533000
CY2013Q4 sofo Original Maturity Of Cash And Cash Equivalents
OriginalMaturityOfCashAndCashEquivalents
P3M
CY2013Q4 sofo Capitalized Software Estimated Useful Life
CapitalizedSoftwareEstimatedUsefulLife
P3Y
CY2013Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Remaining Contractual Term One
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageRemainingContractualTermOne
P6Y2M12D
CY2013Q4 sofo Standard Product Warranty Term Minimum
StandardProductWarrantyTermMinimum
P90D
CY2013Q4 sofo Stock Repurchase Program Maximum Amount Of Common Stock
StockRepurchaseProgramMaximumAmountOfCommonStock
1000000
CY2013Q4 sofo Eligible Employees Contribution To Purchase Shares
EligibleEmployeesContributionToPurchaseShares
0.10 pure
CY2013Q4 sofo Adjusted Quick Ratio
AdjustedQuickRatio
2.00 pure
CY2013Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Exercise Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedExerciseFactor
1.39 pure
CY2013Q4 sofo Debt Instrument Interest Rate On Unused Portion Percentage Rate Range Maximum
DebtInstrumentInterestRateOnUnusedPortionPercentageRateRangeMaximum
0.00175 pure
CY2013Q4 sofo Share Based Compensation Arrangement By Share Based Payment Award Maximum Fair Market Value Of Shares To Be Purchased By Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumFairMarketValueOfSharesToBePurchasedByEmployee
25000
CY2013Q4 sofo Comprehensive Income Loss Attributable To Equity Method Investment
ComprehensiveIncomeLossAttributableToEquityMethodInvestment
-1000
CY2012Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
2182000
CY2012Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
307000
CY2012Q3 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
1625000
CY2012Q3 sofo Equity Method Investment Summarized Financial Information Net Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetOperatingIncomeLoss
504000
CY2013Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M12D
CY2013Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1794000
CY2013Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
159000
CY2013Q3 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
1094000
CY2013Q3 sofo Equity Method Investment Summarized Financial Information Net Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetOperatingIncomeLoss
261000

Files In Submission

Name View Source Status
0001193125-14-051034-index-headers.html Edgar Link pending
0001193125-14-051034-index.html Edgar Link pending
0001193125-14-051034.txt Edgar Link pending
0001193125-14-051034-xbrl.zip Edgar Link pending
d652378d10q.htm Edgar Link pending
d652378dex311.htm Edgar Link pending
d652378dex312.htm Edgar Link pending
d652378dex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
sofo-20131231.xml Edgar Link completed
sofo-20131231.xsd Edgar Link pending
sofo-20131231_cal.xml Edgar Link unprocessable
sofo-20131231_def.xml Edgar Link unprocessable
sofo-20131231_lab.xml Edgar Link unprocessable
sofo-20131231_pre.xml Edgar Link unprocessable