Restructuring (Notes)

12 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

On November 1, 2013, we undertook an initiative to refocus our business to GARP® development that resulted in adjustment of our workforce towards less emphasis on engineering and greater emphasis on sales and marketing. In exchange for severance and non-compete agreements with the terminated employees, we recorded a restructuring charge of approximately $1,332,186 representing $376,365 of stock-based compensation from the accelerated vesting of equity awards and $955,821 of severance compensation and benefits to be paid during the twelve months ended December 31, 2014. Our current estimate of remaining accrued restructuring charges as of June 30, 2014 is as follows:



Type of Cost	December 31, 2013		Payments			Adjustment to Cost			June 30, 2014
Salary continuation liability	$	615,721	$	(307,860	)	$	—		$	307,861
Incentive compensation costs	185,525		—			—			185,525
Other benefit costs and employer taxes	154,575		(78,549		)	(39,000		)	37,026
Accrued restructuring charges	$	955,821	$	(386,409	)	$	(39,000	)	$	530,412

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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