$SOFO
Sonic Foundry Inc

2015 Q3 Form 10-Q Financial Statement

#000119312515289993 Filed on August 13, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q2
Revenue $9.056M $10.56M $11.27M
YoY Change 6.81% -6.31% 40.61%
Cost Of Revenue $2.610M $3.468M $3.478M
YoY Change 0.0% -0.29% 44.8%
Gross Profit $6.450M $7.088M $7.789M
YoY Change 9.86% -9.0% 38.82%
Gross Profit Margin 71.22% 67.15% 69.13%
Selling, General & Admin $5.820M $6.328M $6.389M
YoY Change 1.04% -0.95% 44.19%
% of Gross Profit 90.23% 89.28% 82.03%
Research & Development $1.540M $1.645M $1.449M
YoY Change 4.76% 13.53% 35.29%
% of Gross Profit 23.88% 23.21% 18.6%
Depreciation & Amortization $590.0K $570.0K $450.0K
YoY Change 13.46% 26.67% 32.35%
% of Gross Profit 9.15% 8.04% 5.78%
Operating Expenses $7.350M $7.973M $7.866M
YoY Change 1.66% 1.36% 42.97%
Operating Profit -$908.0K -$885.0K -$77.00K
YoY Change -33.09% 1049.35% -170.64%
Interest Expense -$140.0K -$100.0K $0.00
YoY Change -39.13% -100.0%
% of Operating Profit
Other Income/Expense, Net -$100.0K -$121.0K -$59.00K
YoY Change -130.3% 105.08% 195.0%
Pretax Income -$1.150M -$1.006M -$136.0K
YoY Change -8.73% 639.71% -236.0%
Income Tax $70.00K -$85.00K -$169.0K
% Of Pretax Income
Net Earnings -$1.222M -$921.0K $33.00K
YoY Change -5.12% -2890.91% -17.5%
Net Earnings / Revenue -13.49% -8.72% 0.29%
Basic Earnings Per Share -$0.21 $0.01
Diluted Earnings Per Share -$279.8K -$0.21 $0.01
COMMON SHARES
Basic Shares Outstanding 4.364M shares 4.355M shares 4.246M shares
Diluted Shares Outstanding 4.355M shares 4.393M shares

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.000M $2.600M $3.900M
YoY Change -53.49% -33.33% 25.81%
Cash & Equivalents $1.976M $2.666M $3.933M
Short-Term Investments
Other Short-Term Assets $900.0K $1.500M $1.200M
YoY Change -30.77% 25.0% 50.0%
Inventory $2.385M $1.718M $2.353M
Prepaid Expenses
Receivables $12.66M $9.845M $10.25M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $17.95M $15.60M $17.77M
YoY Change 11.76% -12.24% 40.11%
LONG-TERM ASSETS
Property, Plant & Equipment $2.808M $3.051M $3.423M
YoY Change -17.31% -10.87% 10.53%
Goodwill $10.85M $10.78M $11.42M
YoY Change -2.97% -5.55% 50.67%
Intangibles $2.596M $658.0K
YoY Change -24.09% 3190.0%
Long-Term Investments $0.00 $0.00
YoY Change -100.0%
Other Assets $599.0K $498.0K
YoY Change 6.21%
Total Long-Term Assets $16.86M $17.04M $19.02M
YoY Change -9.21% -10.44% 61.56%
TOTAL ASSETS
Total Short-Term Assets $17.95M $15.60M $17.77M
Total Long-Term Assets $16.86M $17.04M $19.02M
Total Assets $34.80M $32.63M $36.79M
YoY Change 0.52% -11.31% 50.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.026M $1.573M $2.135M
YoY Change 71.26% -26.32% 39.63%
Accrued Expenses $1.666M $1.647M $2.430M
YoY Change -33.68% -32.22% 98.85%
Deferred Revenue
YoY Change
Short-Term Debt $1.800M $1.300M $0.00
YoY Change
Long-Term Debt Due $1.299M $1.230M $3.500M
YoY Change 33.37% -64.86% 288.89%
Total Short-Term Liabilities $18.57M $15.36M $16.15M
YoY Change 15.74% -4.9% 66.8%
LONG-TERM LIABILITIES
Long-Term Debt $2.080M $2.364M $1.900M
YoY Change 82.62% 24.42% 375.0%
Other Long-Term Liabilities $311.0K $331.0K $1.600M
YoY Change -22.44% -79.31% 60.0%
Total Long-Term Liabilities $2.391M $2.695M $3.500M
YoY Change 55.26% -23.0% 150.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.57M $15.36M $16.15M
Total Long-Term Liabilities $2.391M $2.695M $3.500M
Total Liabilities $27.00M $24.02M $24.02M
YoY Change 15.84% 0.0% 82.22%
SHAREHOLDERS EQUITY
Retained Earnings -$186.9M -$185.7M -$181.1M
YoY Change 2.48% 2.54% 1.23%
Common Stock $44.00K $44.00K $43.00K
YoY Change 2.33% 2.33% 7.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $169.0K $169.0K $169.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 12.72M shares 12.72K shares 12.72K shares
Shareholders Equity $7.803M $8.608M $12.77M
YoY Change
Total Liabilities & Shareholders Equity $34.80M $32.63M $36.79M
YoY Change 0.52% -11.31% 50.44%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$1.222M -$921.0K $33.00K
YoY Change -5.12% -2890.91% -17.5%
Depreciation, Depletion And Amortization $590.0K $570.0K $450.0K
YoY Change 13.46% 26.67% 32.35%
Cash From Operating Activities -$770.0K -$60.00K -$100.0K
YoY Change -161.11% -40.0% -67.74%
INVESTING ACTIVITIES
Capital Expenditures -$110.0K -$140.0K -$190.0K
YoY Change -63.33% -26.32% -45.71%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$110.0K -$140.0K -$200.0K
YoY Change -63.33% -30.0% -42.86%
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 160.0K -250.0K
YoY Change -229.17% -164.0% -600.0%
NET CHANGE
Cash From Operating Activities -770.0K -60.00K -100.0K
Cash From Investing Activities -110.0K -140.0K -200.0K
Cash From Financing Activities 310.0K 160.0K -250.0K
Net Change In Cash -570.0K -40.00K -550.0K
YoY Change -179.17% -92.73% -9.84%
FREE CASH FLOW
Cash From Operating Activities -$770.0K -$60.00K -$100.0K
Capital Expenditures -$110.0K -$140.0K -$190.0K
Free Cash Flow -$660.0K $80.00K $90.00K
YoY Change -142.31% -11.11% 125.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4363740 shares
CY2011Q2 sofo Leasehold Improvement Liability
LeaseholdImprovementLiability
613000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3933000
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1469727 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
12716 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.03
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4355453 shares
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
865629 shares
CY2015Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
150000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4368169 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.52
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
46703 shares
CY2015Q2 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
137000
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
8608000
CY2015Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2364000
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
331000
CY2015Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
195708000
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
172000
CY2015Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
58000
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1230000
CY2015Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
9289000
CY2015Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1573000
CY2015Q2 us-gaap Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
1600000
CY2015Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
1250000
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
120000
CY2015Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1647000
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-185675000
CY2015Q2 us-gaap Liabilities
Liabilities
24022000
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32630000
CY2015Q2 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2015Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1252000
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
44000
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4869000
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
15359000
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2015Q2 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
138000
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1274000
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4281000
CY2015Q2 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
385000
CY2015Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
232000
CY2015Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
240000
CY2015Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
484000
CY2015Q2 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
148000
CY2015Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
6278000
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
498000
CY2015Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
880000
CY2015Q2 us-gaap Assets
Assets
32630000
CY2015Q2 us-gaap Inventory Net
InventoryNet
1718000
CY2015Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
9845000
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3051000
CY2015Q2 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
26000
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
169000
CY2015Q2 us-gaap Assets Current
AssetsCurrent
15595000
CY2015Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
741000
CY2015Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1234000
CY2015Q2 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
130000
CY2015Q2 us-gaap Goodwill
Goodwill
10782000
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1471000
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2561000
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7920000
CY2015Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
901000
CY2015Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
120000
CY2015Q2 us-gaap Loss Contingency Receivable
LossContingencyReceivable
672000
CY2015Q2 sofo Product Rights Net Of Amortization
ProductRightsNetOfAmortization
539000
CY2015Q2 sofo Product Rights Intangible Assets Accumulated Amortization
ProductRightsIntangibleAssetsAccumulatedAmortization
134000
CY2015Q2 sofo Related Party Transaction Accrued Liabilities For Unbilled Services
RelatedPartyTransactionAccruedLiabilitiesForUnbilledServices
25000
CY2015Q2 sofo Share Based Compensation Arrangements Estimated Forfeitures
ShareBasedCompensationArrangementsEstimatedForfeitures
144000
CY2015Q2 sofo Customer Relationship Intangible Assets Accumulated Amortization
CustomerRelationshipIntangibleAssetsAccumulatedAmortization
391000
CY2015Q2 sofo Leasehold Improvement Unamortized Balance
LeaseholdImprovementUnamortizedBalance
292000
CY2015Q2 sofo Business Acquisition Purchase Price Allocation Customer Relationships
BusinessAcquisitionPurchasePriceAllocationCustomerRelationships
1887000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3482000
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1240941 shares
CY2014Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
12716 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.31
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4263754 shares
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4276470 shares
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
314000
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
11315000
CY2014Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1139000
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
401000
CY2014Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
194260000
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
162000
CY2014Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
974000
CY2014Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
9079000
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1183000
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
150000
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2512000
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-182372000
CY2014Q3 us-gaap Liabilities
Liabilities
23308000
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34623000
CY2014Q3 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2014Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
929000
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
43000
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3675000
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
16040000
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2014Q3 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
2096000
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-421000
CY2014Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4312000
CY2014Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
252000
CY2014Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
196000
CY2014Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
173000
CY2014Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
549000
CY2014Q3 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
281000
CY2014Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
5440000
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
564000
CY2014Q3 us-gaap Assets
Assets
34623000
CY2014Q3 us-gaap Inventory Net
InventoryNet
1721000
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8449000
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3396000
CY2014Q3 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
26000
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
169000
CY2014Q3 us-gaap Assets Current
AssetsCurrent
16058000
CY2014Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
720000
CY2014Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1172000
CY2014Q3 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
37000
CY2014Q3 us-gaap Goodwill
Goodwill
11185000
CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1544000
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4344000
CY2014Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7071000
CY2014Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
911000
CY2014Q3 sofo Product Rights Net Of Amortization
ProductRightsNetOfAmortization
631000
CY2014Q3 sofo Product Rights Intangible Assets Accumulated Amortization
ProductRightsIntangibleAssetsAccumulatedAmortization
41000
CY2014Q3 sofo Related Party Transaction Accrued Liabilities For Unbilled Services
RelatedPartyTransactionAccruedLiabilitiesForUnbilledServices
15000
CY2014Q3 sofo Customer Relationship Intangible Assets Accumulated Amortization
CustomerRelationshipIntangibleAssetsAccumulatedAmortization
191000
CY2014Q3 sofo Business Acquisition Purchase Price Allocation Customer Relationships
BusinessAcquisitionPurchasePriceAllocationCustomerRelationships
2471000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.35
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1197980 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1353000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4147938 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4147938 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
179000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
923000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
562000
us-gaap Net Income Loss
NetIncomeLoss
-1528000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-1540000
us-gaap Revenues
Revenues
27351000
us-gaap Interest Paid
InterestPaid
94000
us-gaap Gain Loss On Investments
GainLossOnInvestments
1391000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-170000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
330000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
14160000
us-gaap Operating Income Loss
OperatingIncomeLoss
-1725000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
382000
us-gaap Gross Profit
GrossProfit
19684000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2401000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1434000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
49000
us-gaap Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
133000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12883000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
94000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
171000
us-gaap Stock Issued1
StockIssued1
2306000
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
29215000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
308000
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
119000
us-gaap Notes Issued1
NotesIssued1
2567000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
38000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-456000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1072000
us-gaap Share Based Compensation
ShareBasedCompensation
679000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-66000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1652000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
12165000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
451000
us-gaap Operating Expenses
OperatingExpenses
21409000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4078000
us-gaap Cost Of Services
CostOfServices
2178000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1098000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1118000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
32000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
184000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
106000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
92000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
243000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4248000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
150000
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
1281000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
5489000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
600000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1974000
us-gaap Depreciation
Depreciation
919000
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
us-gaap Acquisition Costs
AcquisitionCosts
490000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
30000
us-gaap Cost Of Revenue
CostOfRevenue
7667000
sofo Accrued Patent Charge
AccruedPatentCharge
428000
sofo Amortization Of Product Rights
AmortizationOfProductRights
10000
sofo Acquired Product Right
AcquiredProductRight
672000
sofo Income Loss From Equity Method Investments Including Gain Impairment
IncomeLossFromEquityMethodInvestmentsIncludingGainImpairment
1429000
sofo Amortization Of Software Development Costs
AmortizationOfSoftwareDevelopmentCosts
133000
sofo Property And Equipment Financed By Capital Lease
PropertyAndEquipmentFinancedByCapitalLease
207000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.76
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4324868 shares
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.76
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Amendment Flag
AmendmentFlag
false
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
74051 shares
us-gaap Loss Contingency Settlement Agreement Terms
LossContingencySettlementAgreementTerms
The key terms of the agreement were 1) a grant of a non-revocable license of Astute patents to the Company; 2) a grant of a fully paid, non-refundable license of certain Sonic Foundry patents to Astute; 3) both Astute and our customer agreed to identify three meetings they currently capture that the other party will not seek or respond to any request for proposal; and 4) a payment of $1.35 million to Astute.
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1581529 shares
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001029744
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y7M6D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.90
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.26
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2363000
dei Entity Registrant Name
EntityRegistrantName
SONIC FOUNDRY INC
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
27403000
us-gaap Cost Of Revenue
CostOfRevenue
3478000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
313954 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.28
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4324868 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.19
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
11117 shares
dei Trading Symbol
TradingSymbol
SOFO
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.76
us-gaap Net Income Loss
NetIncomeLoss
-3303000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-3303000
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
62000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
187000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2661000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
611000
us-gaap Revenues
Revenues
27403000
us-gaap Interest Paid
InterestPaid
310000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-229000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-54000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
15006000
us-gaap Operating Income Loss
OperatingIncomeLoss
-3184000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32000
us-gaap Gross Profit
GrossProfit
19374000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
143000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1597000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4156000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
122000
us-gaap Litigation Settlement Amount
LitigationSettlementAmount
0
us-gaap Capitalized Computer Software Amortization
CapitalizedComputerSoftwareAmortization
133000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12030000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-853000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
31000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
367000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5677000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3270000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
33000
us-gaap Share Based Compensation
ShareBasedCompensation
745000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-65000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
680000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13503000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1783000
us-gaap Operating Expenses
OperatingExpenses
22558000
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-403000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4722000
us-gaap Cost Of Services
CostOfServices
2733000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1320000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
36000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
663000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
99000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-129000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-333000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
41000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4333000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6927000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
9000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
259000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
5296000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-611000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2336000
us-gaap Depreciation
Depreciation
1199000
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
27000
us-gaap Cost Of Revenue
CostOfRevenue
8029000
sofo Amortization Of Product Rights
AmortizationOfProductRights
92000
sofo Lease Maturity Period
LeaseMaturityPeriod
November 2011 through December 2018
sofo Fair Value Subordinated Debt Changes In Fair Value Gain Loss
FairValueSubordinatedDebtChangesInFairValueGainLoss
205000
sofo Restricted Common Stock Sale Restriction Period
RestrictedCommonStockSaleRestrictionPeriod
P2Y
sofo Share Based Compensation Arrangement By Share Based Payment Award Forfeitures In Period Weighted Average Contractual Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardForfeituresInPeriodWeightedAverageContractualPeriod
P4Y2M12D
sofo Capitalization Of Software Development Costs
CapitalizationOfSoftwareDevelopmentCosts
533000
sofo Amortization Of Software Development Costs
AmortizationOfSoftwareDevelopmentCosts
133000
sofo Capitalized Software Estimated Useful Life
CapitalizedSoftwareEstimatedUsefulLife
P3Y
sofo Share Based Compensation Arrangements By Share Based Payment Award Grants In Period Weighted Average Contractual Period
ShareBasedCompensationArrangementsByShareBasedPaymentAwardGrantsInPeriodWeightedAverageContractualPeriod
P9Y9M18D
sofo Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Remaining Contractual Term One
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageRemainingContractualTermOne
P6Y10M24D
sofo Property And Equipment Financed By Capital Lease
PropertyAndEquipmentFinancedByCapitalLease
292000
sofo Debt Discount And Warrant
DebtDiscountAndWarrant
179000
sofo Warrant Debt Expiration Date
WarrantDebtExpirationDate
2020-05-14
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2014 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
0
CY2014 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
428000
CY2014 sofo Capitalization Of Software Development Costs
CapitalizationOfSoftwareDevelopmentCosts
533000
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2015Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.21
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1581529 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4355049 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4355049 shares
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-921000
CY2015Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-921000
CY2015Q2 us-gaap Revenues
Revenues
10556000
CY2015Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-100000
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
4957000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-885000
CY2015Q2 us-gaap Gross Profit
GrossProfit
7088000
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-21000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1037000
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
5441000
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-116000
CY2015Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
10556000
CY2015Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
158000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1006000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-85000
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
207000
CY2015Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4798000
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
7973000
CY2015Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1645000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-79000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
5096000
us-gaap Operating Income Loss
OperatingIncomeLoss
-77000
CY2015Q2 us-gaap Cost Of Services
CostOfServices
812000
CY2015Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
23000
CY2015Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
33000
CY2015Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5000
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1530000
CY2015Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2656000
CY2015Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2015Q2 us-gaap Cost Of Revenue
CostOfRevenue
3468000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.01
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1197980 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4393022 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
146757 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4246265 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Net Income Loss
NetIncomeLoss
33000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
33000
us-gaap Revenues
Revenues
11267000
us-gaap Gross Profit
GrossProfit
7789000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
20000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
111000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
6016000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
78000
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
11267000
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
155000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-136000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-169000
us-gaap Share Based Compensation
ShareBasedCompensation
204000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4719000
us-gaap Operating Expenses
OperatingExpenses
7866000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1449000
us-gaap Cost Of Services
CostOfServices
827000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
39000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
61000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1670000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
2651000
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
sofo Accrued Patent Charge
AccruedPatentCharge
28000

Files In Submission

Name View Source Status
0001193125-15-289993-index-headers.html Edgar Link pending
0001193125-15-289993-index.html Edgar Link pending
0001193125-15-289993.txt Edgar Link pending
0001193125-15-289993-xbrl.zip Edgar Link pending
d941889d10q.htm Edgar Link pending
d941889dex311.htm Edgar Link pending
d941889dex312.htm Edgar Link pending
d941889dex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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
R31.htm Edgar Link pending
R32.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-20150630.xml Edgar Link completed
sofo-20150630.xsd Edgar Link pending
sofo-20150630_cal.xml Edgar Link unprocessable
sofo-20150630_def.xml Edgar Link unprocessable
sofo-20150630_lab.xml Edgar Link unprocessable
sofo-20150630_pre.xml Edgar Link unprocessable