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BUSINESS SEGMENT
3 Months Ended
Jun. 30, 2013
BUSINESS SEGMENT  
BUSINESS SEGMENT

6.             BUSINESS SEGMENT

 

The Company operates in one reportable segment. International operations consist primarily of foreign sales offices selling software developed in the United States combined with local service revenue. The following table summarizes consolidated financial information of the Company’s operations by geographic location (in thousands):

 

 

 

Three Months Ended June 30,

 

Net revenue

 

2013

 

2012

 

 

 

 

 

 

 

United States

 

$

2,587

 

$

2,265

 

Europe

 

1,138

 

1,019

 

Total

 

$

3,725

 

$

3,284

 

 

 

 

June 30,

 

March 31,

 

Long-lived assets

 

2013

 

2013

 

 

 

 

 

 

 

United States

 

$

32,481

 

$

32,507

 

Europe

 

400

 

405

 

Total

 

$

32,881

 

$

32,912

 

 

The Company is engaged in the design, development, sale, and support of the following software product lines: 1) Multidimensional Database Management Systems (“MDMS”), 2) Rapid Application Development (“RAD”) software tools, 3) Postano, and 4) yolink. On January 17, 2013, the Company completed its acquisition of Storycode, Inc., a privately held company that designs and hosts mobile applications, and designs and develops digital publications. To date, revenue from Postano, yolink, and Storycode products has not been significant. The following table represents the Company’s net revenue by product line (in thousands):

 

 

 

Three Months Ended June 30,

 

Net revenue

 

2013

 

2012

 

 

 

 

 

 

 

Databases

 

$

2,697

 

$

2,307

 

RAD Software Tools

 

1,028

 

977

 

Total

 

$

3,725

 

$

3,284