Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statement of Operations

 v2.3.0.11
Consolidated Statement of Operations (USD $)
In Thousands, except Per Share data
 3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Net revenues $ 1,893 $ 2,858
Cost of revenues    
License fees 492 586
Other direct cost of revenues 58 76
Total cost of revenues 550 662
Gross profit 1,343 2,196
Operating expenses    
Product development 664 1,074
Sales and marketing 235 596
General and administrative 915 1,828
Amortization of intangible assets   17
Total operating expenses 1,814 3,515
Loss from operations (471) (1,319)
Interest and other income / (expense)    
Interest income 0 1
Interest expense (367) (680)
Foreign exchange transaction gain / (loss) 48 (157)
Other income / (expense) 50 (187)
Interest and other expense (269) (1,023)
Loss from operations before income taxes (740) (2,342)
Income tax provision (31) (68)
Net loss from continuing operations net of taxes (771) (2,410)
Discontinued operations, net of taxes:    
Income from discontinued operations net of taxes   709
Gain on disposal of discontinued operations, net of taxes   4,315
Net income from discontinued operations, net of taxes   5,024
Net (loss)/profit (771) 2,614
Comprehensive (loss)/income $ (665) $ 2,795
Basic and diluted net income / (loss) per common share $ (0.02) $ 0.07
Continuing operations $ (0.02) $ (0.06)
Discontinued operations   $ 0.13
Weighted average common shares outstanding, basic and diluted 41,679 39,375