Segment Information

9 Months Ended

Sep. 30, 2012

Segment Information [Abstract]

Segment Information

15.  Segment Information

FASB has established guidance for reporting information about operating segments that require segmentation based on our internal organization and reporting of revenue and operating income, based on internal accounting methods. Our financial reporting systems present various data for management to operate the business prepared in methods consistent with such guidance.

During the three month period ended September 30, 2012, we entered into settlement and licensing agreements that effectively ended all of our then ongoing intellectual property litigation activities (Note 12). As a result of these agreements, we will no longer be pursuing patent litigation as an integral funding strategy for our operations and we have determined that our only continuing operating segment is our software segment (Note 17).

We will continue to pursue the intellectual property initiatives we have undertaken in conjunction with our relationship with ipCapital, however we believe that these initiatives do not comprise a reporting segment as the intent of these initiatives is to support and leverage our current software products and those in development.

Amounts pertaining to our ipCapital initiatives, which have been previously reported in our former intellectual property segment, have been reclassified to our software segment for all periods presented.

Software revenue by country for the three and nine-month periods ended September 30, 2012 and 2011 was as follows.

	Three Months Ended September 30,				Nine Months Ended September 30,
Revenue by Country	2012		2011		2012		2011
United States	$	668,800	$	721,700	$	1, 980,100	$	1,941,800
Germany		181,000		82,400		533,300		173,900
Brazil		176,400		177,100		444,800		464,300
Other Countries		707,900		736,300		1,957,400		2,238,700
Total	$	1,734,100	$	1,717,500	$	4,915,600	$	4,818,700

Software products and services include all currently available versions of GO-Global Host, GO-Global Client, including iPad Client, OEM private labeling kits, software developer's kits, maintenance contracts and product training and support.