Telanetix,Inc

CIK:0001277270|SEC Filings

12. Computation of Net Loss Per Share (Details) - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anit-diliutive Securities	1,182,114	1,168,362	1,182,114	1,168,362
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anit-diliutive Securities	1,182,114	1,131,701	1,182,114	1,131,701
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anit-diliutive Securities	0	36,661	0	36,661

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net income (loss)	$ 629,039	$ (1,660,738)
Adjustments to reconcile net loss to cash provided by operating activities:
Provision for doubtful accounts	(50,809)	18,129
Depreciation	1,184,742	1,263,263
(Gain) loss on disposal of fixed assets	0	(3,360)
Amortization of deferred financing costs	0	19,116
Amortization of intangible assets	380,000	1,100,000
Stock based compensation	10,125	204,373
Amortization of note discounts	0	843,685
Non-cash interest expense	0	112,505
Changes in assets and liabilities:
Accounts receivable	(947,715)	116,949
Inventory	(8,692)	60,942
Prepaid expenses and other assets	(88,132)	(41,420)
Accounts payable and accrued expenses	867,808	143,723
Deferred revenue	109,084	(30,537)
Net cash provided by operating activities	2,085,450	2,146,630
Cash flows from investing activities:
Purchase of property and equipment	(374,213)	(234,618)
Proceeds from disposal of fixed assets	0	3,620
Net cash used by investing activities	(374,213)	(230,998)
Cash flows from financing activities:
Payments on capital leases	(446,130)	(249,943)
Proceeds from credit facility	400,000	0
Proceeds from exercise of options and warrants	1,020	0
Payments on senior secured financing	(750,000)	(1,200,000)
Net cash used by financing activities	(795,110)	(1,449,943)
Net increase (decrease) in cash	916,127	465,689
Cash at beginning of the period	1,184,143	1,840,265
Cash at end of the period	2,100,270	2,305,954
Supplemental disclosures of cash flow information:
Cash paid for income taxes	61,869	56,674
Interest paid	100,028	332,174
Non-cash investing and financing activities:
Property and equipment acquired through capital leases	$ 169,990	$ 229,099

Condensed Consolidated Balance Sheets (USD $)	Jun. 30, 2013	Dec. 31, 2012
Current assets
Cash	$ 2,100,270	$ 1,184,143
Accounts receivable, net	2,677,814	1,679,290
Inventory	38,627	29,935
Prepaid expenses and other current assets	867,742	1,061,086
Total current assets	5,684,453	3,954,454
Property and equipment, net	1,203,613	1,111,314
Goodwill	7,044,864	7,044,864
Purchased intangibles, net	6,818,337	7,198,337
Restricted cash	1,026,402	1,025,000
Other assets	219,240	188,436
Total assets	21,996,909	20,522,405
Current liabilities
Accounts payable	2,438,519	1,786,610
Accrued liabilities	2,838,161	2,613,957
Deferred revenue	1,029,051	1,145,983
Current portion of capital lease obligations	965,053	769,717
Current portion of long-term debt	1,500,000	1,500,000
Total current liabilities	8,770,784	7,816,267
Non-current liabilities
Deferred revenue, net of current portion	393,470	167,454
Capital lease obligations, net of current portion	1,196,841	1,184,749
Long-term accounts payable	6,228	14,532
Long-term debt, net of current portion	7,376,660	7,726,660
Total non-current liabilities	8,973,199	9,093,395
Total liabilities	17,743,983	16,909,662
Stockholders' equity (deficit)
Common stock, $.0001 par value; Authorized: 8,000,000 shares; Issued and outstanding 5,138,900 at June 30, 2013 and 5,120,102 at December 31, 2012	514	512
Additional paid in capital	45,177,339	45,109,244
Warrants	0	56,953
Accumulated deficit	(40,924,927)	(41,553,966)
Total stockholders' equity	4,252,926	3,612,743
Total liabilities and stockholders' equity	$ 21,996,909	$ 20,522,405