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Re: rechnerhand post# 57180

Tuesday, 08/12/2014 4:33:26 PM

Tuesday, August 12, 2014 4:33:26 PM

Post# of 232820
Selling, Marketing, General, and Administrative. Selling, marketing, general and
administrative expenses were $2,021 and $3,872 for the three and six months
ended June 30, 2014, respectively, compared to $1,209 and $2,523 for the three
and six months ended June 30, 2013, respectively. The increase in expense for
both the three and six month periods is due to additional legal costs incurred
in conjunction with the arbitration proceeding and settlement discussions with
Visser, increases in stock based compensation related to 2014 stock option
grants, and additional payroll expenses associated with the hiring of our Vice
President of Worldwide Sales and Support.



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