XML 86 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
3. Asset Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Asset Acquisitions Tables  
Net assets and liabilities acquired at their fair values

As of December 31, 2011, the final purchase price allocation was as follows:

 

Intangible assets - customer relationships   $ 435,000  
Total assets     435,000  
Earnout liability     (185,000 )
Total liabilities     (185,000 )
Purchase price allocated to assets and liabilities acquired   $ 250,000  
Pro-Forma Information

The unaudited pro forma results for the year ended December 31, 2011 as compared to the results for the year ended December 31, 2012 are as follows:

 

    Twelve months ended
December 31,
 
    2012     2011  
            (proforma)  
Revenue   $ 24,064,000     $ 24,496,000  
Net loss   $ (995,000 )   $ (3,514,000 )
Loss per share - basic and diluted   $ (0.01 )   $ (0.06 )
Weighted average shares - basic and diluted     69,040,000       60,402,000