Stock Repurchase Program

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Stock Repurchase Program

16.  Stock Repurchase Program

In November 2011, the Company announced that its Board of Directors had approved a program authorizing the repurchase of up to five million shares of the Company’s common stock over a period of up to two years. Under this program, stock repurchases may be made from time to time and the actual amount expended will depend on a variety of factors including market conditions, regulatory and legal requirements, corporate cash generation and other factors. The stock repurchases may be made in both open market and privately negotiated transactions, and may include the use of Rule 10b5-1 trading plans. The program does not obligate Smith Micro to repurchase any particular amount of common stock during any period and the program may be modified or suspended at any time at the Company’s discretion. The Company did not repurchase any shares during the six month period ended June 30, 2013. During the six month period ended June 30, 2012, we repurchased 375,000 shares at a cost of $0.8 million.