XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue from Contract with Customer, Including Assessed Tax $ 62,671 $ 61,508 $ 186,450 $ 191,566
Cost of Goods and Services Sold 26,052 24,637 78,948 79,314
Gross Profit 36,619 36,871 107,502 112,252
Operating Expenses        
Selling and Marketing Expense 21,025 21,951 63,779 67,882
General and Administrative Expense 12,380 11,948 36,852 40,356
Research and development 19,022 19,135 59,575 56,668
Income from operations (15,808) (16,163) (52,704) (52,654)
Other income (expense):        
Convertible debt interest and amortization (1,576) (2,498) (4,728) (6,645)
Other Nonoperating Income (Expense) (71) 122 219 1,099
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total (17,455) (18,539) (57,213) (58,200)
Income tax provision (benefit) 70 318 387 600
Net income (loss) $ (17,525) $ (18,857) $ (57,600) $ (58,800)
Earnings Per Share, Basic $ (0.39) $ (0.44) $ (1.30) $ (1.36)
Net earnings (loss) per share:        
Earnings Per Share, Basic and Diluted (0.39) (0.44) (1.30) (1.36)
Earnings Per Share, Diluted $ (0.39) $ (0.44) $ (1.30) $ (1.36)
Weighted average number of shares:        
Weighted Average Number of Shares Outstanding, Basic and Diluted 44,386 43,347 44,318 43,251
Weighted Average Number of Shares Outstanding, Basic 44,386 43,347 44,318 43,251
Other comprehensive income, net of tax:        
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax $ (401) $ 133 $ (852) $ 49
Other comprehensive income (401) 133 (852) 49
Comprehensive income (loss) (17,926) (18,724) (58,452) (58,751)
Subscription, maintenance and support        
Revenue from Contract with Customer, Including Assessed Tax 52,596 52,794 157,712 162,605
Cost of Goods and Services Sold 15,166 15,074 46,971 45,730
Subscription and Circulation [Member]        
Revenue from Contract with Customer, Including Assessed Tax 44,119 42,029 130,991 127,576
Cost of Goods and Services Sold 13,122 12,897 40,512 38,153
Maintenance [Member]        
Revenue from Contract with Customer, Including Assessed Tax 8,477 10,765 26,721 35,029
Cost of Goods and Services Sold 2,044 2,177 6,459 7,577
Service [Member]        
Revenue from Contract with Customer, Including Assessed Tax 10,075 8,714 28,738 28,961
Cost of Goods and Services Sold $ 10,886 $ 9,563 $ 31,977 $ 33,584