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NOTE 4 - ACQUISITIONS (Tables)
3 Months Ended
Mar. 31, 2013
Business Acquisition, Pro Forma Information [Table Text Block]
The following unaudited summary of pro forma combined results of operation for 2012 gives effect to the acquisition of PeopleCube as if we had completed it on January 1, 2012. This pro forma summary does not reflect any operating efficiencies, cost savings or revenue enhancements that we may achieve by combining companies. In addition, we have not reflected certain non-recurring expenses, such as legal expenses and other transactions expenses for the first 12 months after the acquisition, in the pro forma summary. We present this pro forma summary for informational purposes only and it is not necessarily indicative of what our actual results of operations would have been had the acquisition taken place as January 1, 2012, nor is it indicative of future consolidated results of operations.

   
FOR THE THREE MONTHS ENDED
 
   
MARCH 31,
 
   
2012
 
Revenues
   
6,143
 
Net (loss)
   
(1,216
)
Net (loss) per common share:
       
Basic and diluted
   
(0.26
)
         
Weighted average shares outstanding:
       
Basic and diluted
   
4,699
 
People Cube Acquisition [Member]
 
Schedule of Purchase Price Allocation [Table Text Block]
We recorded the transaction using the acquisition method of accounting and recognized assets and liabilities assumed at their fair value as of the date of acquisition. The $7.4 million of intangible assets subject to amortization consist of $5.2 million allocated to Customer Relationships, $1.8 million in Developed Technology, $338 for Trade Names and $23 for a Covenant not-to-compete. We estimated the fair value of the Customer Relationships using the excess earnings method, a form of the income approach. We discounted cash flow projections using a rate of 16.6 percent, which reflects the risk associated with the intangible asset related to the other assets and the overall business operations to us. We estimated the fair value of the Developed Technology and Trade Names using the relief from royalty method based upon a 5% royalty rate. We estimated the value of the Covenant not-to-compete using a damages calculation, which is the form of the income approach.

Consideration paid:
     
Cash per stock purchase agreement
 
$
10,000
 
Working capital adjustments
   
(200
)
Total cash paid
   
9,800
 
Fair value of note payable
   
2,404
 
Fair value of stock issued
   
747
 
Total consideration paid
   
12,951
 
   
PeopleCube
 
Assets Acquired
     
Accounts receivable
 
$
2,608
 
Fixed assets
   
117
 
Other assets
   
124
 
Goodwill
   
9,276
 
Intangibles
   
7,445
 
Total assets acquired
   
19,570
 
         
Liabilities assumed
       
Accounts payable
   
(671
Accrued other liabilities
   
(245
)
Subordinated notes payable
   
(1,614
Deferred revenue
   
(4,089
Total liabilities assumed
   
(6,619
)
         
Net assets acquired
 
$
12,951