hat sich das Operating Income mehr als verdreifacht. Was auf den Magen geschlagen hat waren die blöden Aktienwarrants. Three Months Ended March 31, | | | | 2007 | | 2006 | | Revenues: | | | | | | Software licenses | | $ | 5,733 | | $ | 2,882 | | Services | | | 7,012 | | | 9,742 | | Total revenues | | | 12,745 | | | 12,624 | | Cost of revenues: | | | | | | | | Cost of software licenses | | | 12 | | | 62 | | Cost of services | | | 2,393 | | | 4,058 | | Total cost of revenues | | | 2,405 | | | 4,120 | | Gross profit | | | 10,340 | | | 8,504 | | Operating expenses: | | | | | | | | Research and development | | | 2,655 | | | 2,631 | | Sales and marketing | | | 2,069 | | | 2,381 | | General and administrative | | | 1,067 | | | 1,738 | | Restructuring charge | | | 278 | | | 490 | | Total operating expenses | | | 6,069 | | | 7,240 | | Operating income | | | 4,271 | | | 1,264 | | Interest income, net | | | 355 | | | 107 | | Loss on revaluation of warrants | | | (7,343 | ) | | (370 | ) | Other income, net | | | 277 | | | 36 | | (Loss) income before provision for income taxes | | | (2,440 | ) | | 1,037 | | Provision for income taxes | | | (56 | ) | | (156 | ) | Net (loss) income | | $ | (2,496 | ) | $ | 881 | | Basic (loss) income per share | | $ | (0.02 | ) | $ | 0.02 | | Diluted (loss) income per share | | $ | (0.02 | ) | $ | 0.02 | | Shares used in computing: | | | | | | | | Weighted average shares-basic | | | 106,667 | | | 42,958 | | Weighted average shares-diluted | | | 106,667 | | | 43,068 | | Comprehensive (loss) income: | | | | | | | | Net (loss) income | | $ | (2,496 | ) | $ | 881 | | Other comprehensive (loss) gain, net of tax: | | | | | | | | Foreign currency translation adjustment | | | (26 | ) | | 16 | | Total comprehensive (loss) income | | $ | (2,522 | ) | $ | 897 | |
See Accompanying Notes to Condensed Consolidated Financial Statements |