10-Q/A

United States Securities and Exchange Commission

Washington, DC 20549

FORM 10-Q/A

Amendment No. 1

[ x ]	Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
	For the quarterly period ended June 30, 2012
[    ]	Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
	For the transition period from _________to ________.
Commission File Number 001-09014
Chyron Corporation
(Exact name of registrant as specified in its charter)

New York	11-2117385
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
5 Hub Drive, Melville, New York	11747
(Address of principal executive offices)	(Zip Code)

(631) 845-2000

(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.

      Yes [x]     No [  ]

Indicate by checkmark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).         [x] Yes        [  ] No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [  ]	Accelerated filer [  ]
Non-accelerated filer [  ] (do not check if a smaller reporting company)	Smaller reporting company [x]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).     Yes [  ]     No [x]

The number of shares outstanding of the issuer's common stock, par value $.01 per share, on August 7, 2012 was 17,013,858.

EXPLANATORY NOTE

The purpose of this Amendment No. 1 to Chyron Corporation’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2012, filed with the Securities and Exchange Commission on August 10, 2012 (the “Form 10-Q”), is solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T.

No other changes have been made to the Form 10-Q. This Amendment No. 1 to the Form 10-Q speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the original Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

2

ITEM 6.   EXHIBITS

(a)  Exhibits:

Exhibit No.	Description of Exhibit
10.1	Employment Agreement by and between Chyron Corporation and Michael Wellesley-Wesley effective May 23, 2012 (previously filed as Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed with the Commission on May 29, 2012 and incorporated herein by reference).
10.2	Change in Control Agreement between Michael Wellesley-Wesley and Chyron Corporation effective May 23, 2012 (previously filed as Exhibit 10.2 to the Registrant’s Current Report on Form 8-K filed with the Commission on May 29, 2012 and incorporated herein by reference).
31.1*	Certification of Principal Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*	Certification of Principal Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*	Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*	Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101**	Interactive Data Files regarding (a) our Consolidated Balance Sheets as of June 30, 2012 and December 31, 2011, (b) our Consolidated Statements of Operations for the Three and Six Months ended June 30, 2012 and 2011, (c) our Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months ended June 30, 2012 and 2011, (d) our Consolidated Statements of Cash Flows for the Six Months ended June 30, 2012 and 2011, and (e) the Notes to such Consolidated Financial Statements.

*Previously filed as exhibits to the Registrant’s Quarterly Report on Form 10-Q for the period ended June 30, 2012 filed with the Commission on August 10, 2012 and incorporated herein by reference.

** Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	CHYRON CORPORATION
	(Registrant)
August 29, 2012	/s/ Michael Wellesley-Wesley
(Date)	Michael Wellesley-Wesley
	President and Chief Executive Officer
	(Principal Executive Officer)
August 29, 2012	/s/ Jerry Kieliszak
(Date)	Jerry Kieliszak
	Senior Vice President and Chief Financial Officer
	(Principal Financial Officer)

4

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Note 9. Segment and Geographic Information (Detail) - Revenues by Geography (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues	$ 7,684	$ 9,430	$ 15,561	$ 16,010
North America [Member]
Revenues	5,148	7,148	10,820	12,083
Europe, Middle East and Africa [Member]
Revenues	808	1,524	1,809	2,711
Latin America [Member]
Revenues	710	537	1,482	888
Asia [Member]
Revenues	$ 1,018	$ 221	$ 1,450	$ 328

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Note 6. Product Warranty (Detail)	6 Months Ended
	Jun. 30, 2012
Standard Product Warranty Description	one

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Note 2. Long-Term Incentive Plans (Detail) - Stock Option Fair Value Assumptions (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Expected volatility	68.49%	71.48%	69.44%	71.51%
Risk-free interest rate	0.94%	2.17%	1.32%	2.18%
Expected dividend yield	0.00%	0.00%	0.00%	0.00%
Expected life (in years)	6 years	6 years	6 years	6 years
Estimated fair value per option granted (in Dollars per share)	$ 0.85	$ 1.37	$ 0.97	$ 1.37

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Note 7. Income Taxes (Detail) - Income Tax Benefit (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Current:
State and foreign	$ (11)	$ (9)	$ (23)	$ (17)
Deferred:
State	22	(6)	31	13
Federal	465	(129)	589	286
	487	(135)	620	299
Income tax benefit (expense), net	$ 476	$ (144)	$ 597	$ 282

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Note 3. Inventories

6 Months Ended

Jun. 30, 2012

Inventory Disclosure [Text Block]

3.             INVENTORIES

Inventories, net are comprised of the following (in thousands):

	June 30, 2012		December 31, 2011
Finished goods	$	248	$	653
Work-in-progress		490		170
Raw material		1,283		1,309
	$	2,021	$	2,132

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Note 3. Inventories (Detail) - Inventories, net (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Finished goods	$ 248	$ 653
Work-in-progress	490	170
Raw material	1,283	1,309
	$ 2,021	$ 2,132

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Note 2. Long-Term Incentive Plans (Detail) - Share-based Compensation Allocation (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Allocated Share-Based Compensation	$ 175,000	$ 277,000	$ 479,000	$ 518,000
Cost of Sales [Member]
Allocated Share-Based Compensation	19,000	28,000	38,000	52,000
Research and Development Expense [Member]
Allocated Share-Based Compensation	69,000	99,000	165,000	186,000
Selling, General and Administrative Expenses [Member]
Allocated Share-Based Compensation	$ 87,000	$ 150,000	$ 276,000	$ 280,000

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Note 4. Credit Facility (Detail) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	May 31, 2009
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,500,000
Line of Credit Facility Advance Rate	80.00%
Line of Credit Facility, Current Borrowing Capacity	1,500,000
Debt Instrument, Basis Spread on Variable Rate	1.75%
Debt Instrument, Covenant Terms, Minimum Tangible Net Worth	18,500,000
Debt Instrument, Covenant Terms, Percentage of Increased Minimum Tangible Net Worth	60.00%
Loans Payable	0		977,000
Debt Instrument, Payment Terms	36 months in equal monthly installments of principal plus accrued interest
Interest Expense, Debt	$ 1,000	$ 11,000
Maximum [Member]
Debt Instrument, Covenant Terms, Adjusted Quick Ratio	1.2
Minimum [Member]
Debt Instrument, Covenant Terms, Adjusted Quick Ratio	1.0

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Note 5. Benefit Plans (Detail) (USD $) Share data in Thousands, unless otherwise specified	6 Months Ended			6 Months Ended	3 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011	Jun. 30, 2012 Additonal Contribution Requirement [Member]	Jun. 30, 2012 Required Contributions [Member]	Mar. 31, 2012 Required Contributions [Member]
Pension Contributions				$ 390,000	$ 100,000	$ 100,000
Defined Benefit Plan, Funded Percentage			80.00%
Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year	500,000
Stock Issued During Period, Shares, Employee Benefit Plan (in Shares)	110	57
Stock Issued During Period, Value, Employee Benefit Plan	$ 153,000	$ 129,000

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Note 2. Long-Term Incentive Plans

6 Months Ended

Jun. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

2.             LONG-TERM INCENTIVE PLANS

Pursuant to the 2008 Long-term Incentive Plan (the “Plan”), the Company may grant stock options (non-qualified or incentive), stock appreciation rights, restricted stock, restricted stock units and other share-based awards to employees, directors and other persons who serve the Company. The Plan is overseen by the Compensation Committee of the Board of Directors, which approves the timing and circumstances under which share-based awards may be granted. At June 30, 2012 there were 0.7 million shares available to be granted under the Plan. The Company issues new shares to satisfy the exercise or release of share-based awards. Under the provisions of Accounting Standards Codification Topic for Stock Compensation, all share-based payments are required to be recognized in the statement of operations based on their fair values at the date of grant.

The fair value of each option award is estimated using a Black-Scholes option valuation model. Expected volatility is based on the historical volatility of the price of the Company’s stock. The risk-free interest rate is based on U.S. Treasury issues with a term equal to the expected life of the option. The Company uses historical data to estimate expected dividend yield, expected life and forfeiture rates. Options generally have a life of 10 years and have either time-based or performance-based vesting features. Time-based awards generally vest over a three year period, while the performance-based awards vest upon the achievement of specific performance targets. Included in awards granted during the six months ended June 30, 2012 are one million options that will vest upon the achievement of certain financial conditions in 2013 or will expire if the performance criteria are not met. No expense was recognized for these awards. If in the future it is probable that these awards will be earned, the Company will commence recording an expense for them. The fair values of the options granted during the three and six months ended June 30, 2012 and 2011, were estimated based on the following weighted average assumptions:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Expected volatility		68.49	%		71.48	%		69.44	%		71.51	%
Risk-free interest rate		0.94	%		2.17	%		1.32	%		2.18	%
Expected dividend yield		0.00	%		0.00	%		0.00	%		0.00	%
Expected life (in years)		6.0			6.0			6.0			6.0
Estimated fair value per option granted	$	0.85		$	1.37		$	0.97		$	1.37

The following table presents a summary of the Company's stock option activity for the six months ended June 30, 2012:

	Number of Options
Outstanding at January 1, 2012		3,224,879
Granted		1,419,500
Forfeited and cancelled		(160,031	)
Outstanding at June 30, 2012		4,484,348

The Company also grants restricted stock units, or RSUs, that entitle the holder to a share of Company common stock. The fair value of an RSU is equal to the market value of a share of common stock on the date of grant. All RSUs that are currently outstanding have time-based vesting features over a one to three year period.

The following table presents a summary of the Company’s RSUs for the six months ended June 30, 2012:

	Shares
Nonvested at January 1, 2012		528,443
Granted		152,328
Vested		(278,143	)
Forfeited and cancelled		(394	)
Nonvested at June 30, 2012		402,234

In addition, the Company also has a 2012 Management Incentive Compensation Plan (“the 2012 Incentive Plan”) that entitles recipients to a combination of cash and equity awards based on achievement of certain performance and service conditions in fiscal 2012. No expense was recorded for these awards during the six months ended June 30, 2012 as it is not yet probable that the performance conditions will be met.

The Company amortizes share-based compensation expense over the vesting period on a straight line basis. The impact on the Company’s results of operations of recording share-based compensation expense is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Cost of sales	$	19	$	28	$	38	$	52
Research and development		69		99		165		186
Selling, general and administrative		87		150		276		280
	$	175	$	277	$	479	$	518

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Note 5. Benefit Plans (Detail) - Net Periodic Benefit Cost (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Service cost	$ 130	$ 96	$ 260	$ 192
Interest cost	88	81	176	162
Expected return on plan assets	(87)	(70)	(174)	(140)
Actuarial loss	41	5	82	10
Amortization of prior service cost	(2)	(6)	(4)	(12)
	$ 170	$ 106	$ 340	$ 212

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Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 2,756	$ 4,216
Accounts receivable, net	5,629	5,727
Inventories, net	2,021	2,132
Deferred taxes	2,590	2,508
Prepaid expenses and other current assets	862	792
Total current assets	13,858	15,375
Property and equipment, net	1,552	1,620
Intangible assets, net	608	658
Goodwill	2,066	2,066
Deferred taxes	16,532	15,994
Other assets	122	93
TOTAL ASSETS	34,738	35,806
Liabilities and Shareholders' Equity
Accounts payable and accrued expenses	3,819	3,847
Deferred revenue	3,313	3,203
Current portion of pension liability	515	783
Current portion of term loan		135
Capital lease obligations	33	38
Total current liabilities	7,680	8,006
Pension liability	2,641	2,664
Deferred revenue	1,002	765
Other liabilities	341	329
Total liabilities	11,664	11,764
Common stock, par value $.01 Authorized - 150,000,000 shares Issued and outstanding - 16,974,506 at June 30, 2012 and 16,639,704 at December 31, 2011	169	166
Additional paid-in capital	84,014	83,407
Accumulated deficit	(59,684)	(58,103)
Accumulated other comprehensive loss	(1,425)	(1,428)
Total shareholders' equity	23,074	24,042
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 34,738	$ 35,806

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Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash Flows from Operating Activities
Net loss	$ (1,581)	$ (353)
Adjustments to reconcile net loss to net cash from operating activities:
Depreciation and amortization	441	452
Deferred income tax benefit	(620)	(299)
Inventory provisions	10	144
Share-based payment arrangements	479	518
Shares issued for 401(k) match	153	129
Other	(19)	16
Changes in operating assets and liabilities:
Accounts receivable	98	(1,637)
Inventories	101	348
Prepaid expenses and other assets	(99)	(358)
Accounts payable and accrued expenses	(28)	549
Deferred revenue	347	(25)
Pension liability	(291)	(254)
Other liabilities	26	34
Net cash used in operating activities	(983)	(736)
Cash Flows from Investing Activities
Acquisitions of property and equipment	(323)	(539)
Net cash used in investing activities	(323)	(539)
Cash Flows from Financing Activities
Proceeds from exercise of stock options		89
Payments on capital lease obligations	(19)	(16)
Payments on term loan	(135)	(162)
Net cash used in financing activities	(154)	(89)
Change in cash and cash equivalents	(1,460)	(1,364)
Cash and cash equivalents at beginning of period	4,216	5,565
Cash and cash equivalents at end of period	$ 2,756	$ 4,201

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Note 7. Income Taxes (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended					6 Months Ended
	Sep. 30, 2011	Jun. 30, 2012	Jun. 30, 2012 Expiring 2012-2030 [Member]	Jun. 30, 2012 Expiring In 2012 [Member]	Jun. 30, 2012 Expiring 2018-2030 [Member]	Jun. 30, 2012 Foreign Tax Information [Member]	Jun. 30, 2012 Minimum State Tax Statute of Limitations [Member]	Jun. 30, 2012 Maximum State Tax Statute of Limitations [Member]
Unrecognized Tax Benefits		$ 0.9
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration			49.2	7.5	41.7
Deferred Other Tax Expense (Benefit)	$ 2.7
Other Information Pertaining to Income Taxes						one	four	six to ten years

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Note 9. Segment and Geographic Information (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
North America	$	5,148	$	7,148	$	10,820	$	12,083
Europe, Middle East and Africa (EMEA)		808		1,524		1,809		2,711
Latin America		710		537		1,482		888
Asia		1,018		221		1,450		328
	$	7,684	$	9,430	$	15,561	$	16,010

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Note 7. Income Taxes (Detail) - Deferred Income Taxes (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Deferred tax assets:
Net operating loss carryforwards	$ 17,089	$ 16,728
Inventory	1,740	1,736
Other liabilities	2,523	2,229
Fixed assets	462	452
Other temporary differences	576	625
	22,390	21,770
Deferred tax valuation allowance	3,268	3,268
	$ 19,122	$ 18,502

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Note 2. Long-Term Incentive Plans (Detail) (USD $) Share data in Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	0.7		0.7
Share-based Compensation Arrangement by Share-based Payment Award Option Life			10 years
Share-based Compensation (in Dollars)	$ 175,000	$ 277,000	$ 479,000	$ 518,000
Time-based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Options that Will Vest Upon Achievement of Financial Conditions in 2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)			1
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
The 2008 Long-Term Incentive Plan [Member]
Share-based Compensation (in Dollars)			0
The 2012 Incentive Plan [Member]
Share-based Compensation (in Dollars)			$ 0

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Note 1. Basis of Presentation

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

1.             BASIS OF PRESENTATION

Nature of Business

Chyron provides sophisticated graphics offerings that include Chyron's Axis World Graphics (“Axis”) online content creation software and order management system, on-air graphics systems, clip servers, channel branding and telestration systems, and graphic asset management solutions. As a pioneer of Graphics as a Service for digital video media, Chyron addresses the world of digital and broadcast graphics with web, mobile, HD, 3D and newsroom integration solutions.

General

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany amounts have been eliminated.

In the opinion of management of Chyron Corporation (the "Company" or "Chyron"), the accompanying unaudited consolidated interim financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary to present fairly the financial position of the Company as of June 30, 2012 and the consolidated results of its operations, its comprehensive income (loss) and its cash flows for the periods ended June 30, 2012 and 2011. The results of operations for such interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the year ending December 31, 2012. In addition, management is required to make estimates and assumptions that affect the amounts reported and related disclosures. Estimates made by management include inventory valuations, stock and bonus compensation, allowances for doubtful accounts, income taxes, pension assumptions and reserves for warranty and incurred but not reported health insurance claims. Estimates, by their nature, are based on judgment and available information. Also, during interim periods, certain costs and expenses are allocated among periods based on an estimate of time expired, benefit received, or other activity associated with the periods. Accordingly, actual results could differ from those estimates. The Company has not segregated its cost of sales between costs of products and costs of services as it is not practicable to segregate such costs. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to the rules and regulations of the Securities and Exchange Commission. For further information, refer to the audited consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2011. The December 31, 2011 figures included herein were derived from such audited consolidated financial statements.

Earnings (Loss) Per Share

Basic earnings (loss) per share is computed based on the weighted average number of common shares outstanding. Diluted earnings (loss) per share is based on the sum of the weighted average number of common shares outstanding and common stock equivalents. Potentially dilutive shares are excluded from the computation of diluted earnings per share when their effect is anti-dilutive. Shares excluded from the calculation are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Weighted average shares which are not included in the calculation of diluted earnings (loss) per share because their impact is anti-dilutive:
Stock options		3,286		391		3,230		1,881
Restricted stock units		489		111		523		271
		3,775		502		3,753		2,152

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Consolidated Balance Sheets (Parentheticals) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	16,974,506	16,639,704
Common stock, shares outstanding	16,974,506	16,639,704
Preferred stock, par value (in Dollars per share)	$ 1.00	$ 1.00
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0

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Note 2. Long-Term Incentive Plans (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Expected volatility		68.49	%		71.48	%		69.44	%		71.51	%
Risk-free interest rate		0.94	%		2.17	%		1.32	%		2.18	%
Expected dividend yield		0.00	%		0.00	%		0.00	%		0.00	%
Expected life (in years)		6.0			6.0			6.0			6.0
Estimated fair value per option granted	$	0.85		$	1.37		$	0.97		$	1.37

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Number of Options
Outstanding at January 1, 2012		3,224,879
Granted		1,419,500
Forfeited and cancelled		(160,031	)
Outstanding at June 30, 2012		4,484,348

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

	Shares
Nonvested at January 1, 2012		528,443
Granted		152,328
Vested		(278,143	)
Forfeited and cancelled		(394	)
Nonvested at June 30, 2012		402,234

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Cost of sales	$	19	$	28	$	38	$	52
Research and development		69		99		165		186
Selling, general and administrative		87		150		276		280
	$	175	$	277	$	479	$	518

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Document And Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 07, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	CHYRON CORP
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		17,013,858
Amendment Flag	false
Entity Central Index Key	0000020232
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2

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Note 3. Inventories (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Inventory, Current [Table Text Block]

	June 30, 2012		December 31, 2011
Finished goods	$	248	$	653
Work-in-progress		490		170
Raw material		1,283		1,309
	$	2,021	$	2,132

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Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Product revenues	$ 5,771	$ 7,429	$ 11,573	$ 12,464
Service revenues	1,913	2,001	3,988	3,546
Total revenues	7,684	9,430	15,561	16,010
Cost of sales	2,365	2,866	4,700	4,838
Gross profit	5,319	6,564	10,861	11,172
Operating expenses:
Selling, general and administrative	4,479	4,683	9,164	8,557
Research and development	1,929	1,644	3,860	3,263
Total operating expenses	6,408	6,327	13,024	11,820
Operating (loss) income	(1,089)	237	(2,163)	(648)
Interest expense	(4)	(9)	(9)	(21)
Other (loss) income, net	(13)		(6)	34
(Loss) income before taxes	(1,106)	228	(2,178)	(635)
Income tax benefit (expense), net	476	(144)	597	282
Net (loss) income	$ (630)	$ 84	$ (1,581)	$ (353)
Net (loss) income per share - basic (in Dollars per share)	$ (0.04)	$ 0.01	$ (0.09)	$ (0.02)
Net (loss) income per share - diluted (in Dollars per share)	$ (0.04)	$ 0.00	$ (0.09)	$ (0.02)
Weighted average shares outstanding:
Basic (in Shares)	16,898	16,437	16,852	16,325
Diluted (in Shares)	16,898	16,929	16,852	16,325

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Note 6. Product Warranty

6 Months Ended

Jun. 30, 2012

Product Warranty Disclosure [Text Block]

6.             PRODUCT WARRANTY

The Company provides product warranties for its various products, typically for one year. Liabilities for the estimated future costs of repair or replacement are established and charged to cost of sales at the time the sale is recognized. The Company established its reserve based on historical data, taking into consideration specific product information. The following table sets forth the movement in the warranty reserve (in thousands):

	Three Months Ended June 30,					Six Months Ended June 30,
	2012			2011		2012			2011
Balance at beginning of period	$	50		$	50	$	50		$	50
Provisions		25			0		59			56
Warranty services provided, net		(25	)		0		(59	)		(56	)
	$	50		$	50	$	50		$	50

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Note 5. Benefit Plans

6 Months Ended

Jun. 30, 2012

Pension and Other Postretirement Benefits Disclosure [Text Block]

5.             BENEFIT PLANS

The net periodic benefit cost for the three and six month periods ended June 30 is as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Service cost	$	130		$	96		$	260		$	192
Interest cost		88			81			176			162
Expected return on plan assets		(87	)		(70	)		(174	)		(140	)
Actuarial loss		41			5			82			10
Amortization of prior service cost		(2	)		(6	)		(4	)		(12	)
	$	170		$	106		$	340		$	212

The Company’s policy is to fund the minimum contributions required under the Employee Retirement Income Security Act (ERISA) and, subject to cash flow levels, the Company may choose to make a discretionary contribution to its pension plan to reduce the unfunded liability. In the first quarter of 2012, the Company made an additional contribution of $0.39 million in order to exceed an 80% funding level as measured at January 1, 2012. The Company also made required contributions of $0.1 million in each of the first and second quarters in 2012. Based on current assumptions, the Company expects to make required contributions of $0.5 million in the next twelve months.

The Company has adopted a 401(k) Plan exclusively for the benefit of participants and their beneficiaries. All U.S. employees of the Company are eligible to participate in the 401(k) Plan. The Company may make discretionary matching contributions of the compensation contributed by the participant. The Company has the option of making the matching contributions in cash or through shares of Company common stock. During the six months ended June 30, 2012 and 2011, the Company issued 110 thousand and 57 thousand shares of common stock in connection with the Company match for the Company’s 401(k) Plan in lieu of an aggregate cash match of $153 thousand and $129 thousand, respectively.

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Note 1. Basis of Presentation (Detail) - Basic Earnings (Loss) Per Share In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Weighted average shares which are not included in the calculation of diluted earnings (loss) per share because their impact is anti-dilutive:
Antidilutive shares	3,775	502	3,753	2,152
Stock Options [Member]
Weighted average shares which are not included in the calculation of diluted earnings (loss) per share because their impact is anti-dilutive:
Antidilutive shares	3,286	391	3,230	1,881
Restricted Stock [Member]
Weighted average shares which are not included in the calculation of diluted earnings (loss) per share because their impact is anti-dilutive:
Antidilutive shares	489	111	523	271

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Note 5. Benefit Plans (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Net Benefit Costs [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Service cost	$	130		$	96		$	260		$	192
Interest cost		88			81			176			162
Expected return on plan assets		(87	)		(70	)		(174	)		(140	)
Actuarial loss		41			5			82			10
Amortization of prior service cost		(2	)		(6	)		(4	)		(12	)
	$	170		$	106		$	340		$	212

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Note 9. Segment and Geographic Information

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

9.             SEGMENT AND GEOGRAPHIC INFORMATION

The Company operates and evaluates its business as one reporting unit.

Revenues by geography are based on the country in which the end user customer resides and are detailed as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
North America	$	5,148	$	7,148	$	10,820	$	12,083
Europe, Middle East and Africa (EMEA)		808		1,524		1,809		2,711
Latin America		710		537		1,482		888
Asia		1,018		221		1,450		328
	$	7,684	$	9,430	$	15,561	$	16,010

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Note 7. Income Taxes

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Text Block]

7.           INCOME TAXES

The components of deferred income taxes are as follows (in thousands):

	June 30, 2012		December 31, 2011
Deferred tax assets:
Net operating loss carryforwards	$	17,089	$	16,728
Inventory		1,740		1,736
Other liabilities		2,523		2,229
Fixed assets		462		452
Other temporary differences		576		625
		22,390		21,770
Deferred tax valuation allowance		3,268		3,268
	$	19,122	$	18,502

In accordance with accounting standards, the Company has not recorded a deferred tax asset related to the settlement of share-based awards in the accompanying financial statements because it will not result in the reduction of income taxes payable, due to the existence of net operating loss carryforwards. The cumulative amount of unrecognized tax benefits at June 30, 2012 was approximately $0.9 million, and if the Company is able to utilize this benefit in the future it would result in a credit to additional paid in capital.

At June 30, 2012, the Company had U.S. federal net operating loss carryforwards (“NOLs”) of approximately $49.2 million expiring between the years 2012 through 2030. Approximately $7.5 million of the NOLs are set to expire in 2012 if not utilized. The remaining amount of NOLs of $41.7 million are not scheduled to expire until 2018 and beyond. Based on management’s current estimate of book income and the uncertainty of the timing of future taxable income, it was determined that it is more likely than not that the Company will not be able to generate enough taxable income in the respective carry forward periods to realize all of its NOLs. Consequently, in the third quarter of 2011, the Company recorded a $2.7 million valuation allowance related to the $7.5 million of the NOLs that are set to expire in 2012, based on management’s expectation that the NOLs may not be realized. While the Company believes its estimates and assumptions are reasonable, if the Company does not generate enough taxable income to fully realize the balance of net operating loss carryforwards, additional valuation allowances or tax provisions may be required.

The components of the provision for income tax benefit (expense) for the periods ended are as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Current:
State and foreign	$	(11	)	$	(9	)	$	(23	)	$	(17	)
Deferred:
State		22			(6	)		31			13
Federal		465			(129	)		589			286
		487			(135	)		620			299
Income tax benefit (expense), net	$	476		$	(144	)	$	597		$	282

The difference between the Company’s effective income tax rate and the federal statutory rate is primarily due to the amount of expense associated with its share-based payment arrangements and the portion thereof that will give rise to tax deductions.

The Company files U.S. federal income tax returns as well as income tax returns in various states and one foreign jurisdiction. The Company may be subject to examination by the Internal Revenue Service (“IRS”) for calendar years 2008 through 2011 under the normal statute of limitations. Additionally, any net operating losses that were generated in prior years and utilized in these years may also be subject to examination by the IRS. Generally, for state tax purposes, the Company’s 2007 through 2011 tax years remain open for examination by tax authorities under four year statutes of limitations, however, certain state statutes of limitations may remain open for six to ten years.

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Note 8. Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Text Block]

8.           CONTINGENCIES

The Company is subject to litigation and other claims that arise in the ordinary course of business. While the ultimate result of the Company’s outstanding legal matter described under “Legal Proceedings” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011 cannot presently be determined, the Company does not expect that the ultimate disposition will have a material adverse effect on its results of operations or financial condition. However, legal matters are inherently unpredictable and subject to significant uncertainties, some of which are beyond the Company’s control. As such, there can be no assurance that the final outcome will not have a material adverse effect upon the Company’s financial condition or results of operations.

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Note 1. Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Weighted average shares which are not included in the calculation of diluted earnings (loss) per share because their impact is anti-dilutive:
Stock options		3,286		391		3,230		1,881
Restricted stock units		489		111		523		271
		3,775		502		3,753		2,152

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Note 6. Product Warranty (Detail) - Product Warranty (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Balance at beginning of period	$ 50	$ 50	$ 50	$ 50
Provisions	25	0	59	56
Warranty services provided, net	(25)	0	(59)	(56)
	$ 50	$ 50	$ 50	$ 50

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Note 7. Income Taxes (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	June 30, 2012		December 31, 2011
Deferred tax assets:
Net operating loss carryforwards	$	17,089	$	16,728
Inventory		1,740		1,736
Other liabilities		2,523		2,229
Fixed assets		462		452
Other temporary differences		576		625
		22,390		21,770
Deferred tax valuation allowance		3,268		3,268
	$	19,122	$	18,502

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Current:
State and foreign	$	(11	)	$	(9	)	$	(23	)	$	(17	)
Deferred:
State		22			(6	)		31			13
Federal		465			(129	)		589			286
		487			(135	)		620			299
Income tax benefit (expense), net	$	476		$	(144	)	$	597		$	282

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Note 2. Long-Term Incentive Plans (Detail) - Stock Option Activity	6 Months Ended
	Jun. 30, 2012
Outstanding at January 1, 2012	3,224,879
Outstanding at June 30, 2012	4,484,348
Granted	1,419,500
Forfeited and cancelled	(160,031)

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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net (loss) income	$ (630)	$ 84	$ (1,581)	$ (353)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustment	(7)		3	9
Comprehensive income (loss)	$ (637)	$ 84	$ (1,578)	$ (344)

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Note 4. Credit Facility

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Text Block]

4.             CREDIT FACILITY

The Company has a credit facility with a U.S. bank which expires on December 29, 2012. The credit facility provides for a $1.5 million revolving line of credit (“revolver”) with an advance rate of up to 80% of eligible accounts receivable. At June 30, 2012 available borrowings were approximately $1.5 million based on this formula and no borrowings were outstanding. The revolver under the credit facility bears interest at Prime +1.75%.

The credit facility is collateralized by the Company’s assets, except for (i) its intellectual property rights which are subject to a negative pledge arrangement with the bank, and (ii) any equipment whose purchase is financed by any other lender or lessor, solely to the extent the security agreement with such lender or lessor prohibits junior liens on such equipment, and only until the lien held by such lender or lessor is terminated or released with respect to such equipment. The Company is required to maintain financial covenants based on an adjusted quick ratio of at least 1.2 to 1.0, measured at each month end, and minimum tangible net worth of $18.5 million, increased by 60% of the sum of the gross proceeds received by the Company from any sale of its equity or incurrence of subordinated debt and any positive quarterly net income earned, measured at quarter end (both as defined as per the credit facility). As is usual and customary in such lending agreements, the agreements also contain certain nonfinancial requirements, such as required periodic reporting to the bank and various representations and warranties. The lending agreement also restricts the Company’s ability to pay dividends without the bank’s consent. The Company has been in compliance with all debt covenants since inception of the credit facility.

In 2009, the Company borrowed to finance capital equipment under the then existing credit facility which resulted in a term loan of $977 thousand payable over 36 months in equal monthly installments of principal plus accrued interest. As of June 30, 2012 the Company repaid all principal and interest and there is no outstanding balance under the credit facility. Interest expense related to the term loan was $1 thousand and $11 thousand for the six months ended June 30, 2012 and 2011, respectively.

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Note 2. Long-Term Incentive Plans (Detail) - Restricted Stock Units	6 Months Ended
	Jun. 30, 2012
Nonvested at January 1, 2012	528,443
Granted	152,328
Vested	(278,143)
Forfeited and cancelled	(394)
Nonvested at June 30, 2012	402,234

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Note 9. Segment and Geographic Information (Detail)	6 Months Ended
	Jun. 30, 2012
Number of Reportable Segments	1

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Note 6. Product Warranty (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Product Warranty Liability [Table Text Block]

	Three Months Ended June 30,					Six Months Ended June 30,
	2012			2011		2012			2011
Balance at beginning of period	$	50		$	50	$	50		$	50
Provisions		25			0		59			56
Warranty services provided, net		(25	)		0		(59	)		(56	)
	$	50		$	50	$	50		$	50