Product Development Costs. Research of new product ideas and enhancements to existing products are charged to expense as incurred. Income Taxes The Company accounts for income taxes using the liability method. Under the liability method, deferred tax liabilities and assets are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts expected to be realized. The Company records liabilities, where appropriate, for all uncertain income tax positions. The Company recognizes potential accrued interest and penalties related to unrecognized tax benefits within operations as income tax expense. Comprehensive Loss Other comprehensive loss as of June 30, 2015 and December 31, 2014, consists of unrealized gains and losses on marketable securities categorized as available-for-sale and foreign currency translation adjustments. Net Loss per Common Share Basic net loss per share is calculated using the weighted average shares of common stock outstanding, excluding treasury stock. Diluted net loss per share is calculated using the weighted average number of common and potentially dilutive common shares outstanding, excluding treasury stock, during the period, using the treasury stock method for stock options. As a result of the Company’s net loss position at both June 30, 2015 and 2014, there is no dilution. Segment Information The Company has one operating segment, online advertising. While the Company operates under one operating segment, management reviews revenue under two product offerings—Advertiser Networks and Publisher Solutions. As of June 30, 2015 and December 31, 2014, the Company’s accounts receivable and deferred revenue are primarily related to the online advertising segment. All long-lived assets are located in the United States and Canada. Adoption of New Accounting Standards On January 2, 2014 we adopted guidance issued by the Financial Accounting Standards Board (“FASB”), ASU 2013-04, “Liabilities – Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation is Fixed at the Reporting Date”, an amendment providing guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation is f...
Product Development Costs. SPL shall, at SPL’s expense, be responsible for conducting all development of Agreement Compounds, Agreement Products, Schering Compounds, and all commercialization of Agreement Products.
Product Development Costs. All Product Development Costs are expressly excluded from the Contribution Income sharing concept and, subject to Section 2.1(c) above, shall be shared by the parties as follows.
Product Development Costs. Schering shall, at Schering’s expense, be responsible for conducting all development of Agreement Compounds, Agreement Products, Schering Compounds, and all commercialization of Agreement Products.
Product Development Costs dodo shall manage and fund further development of dodo Products at its discretion. Dodo shall be responsible for development of approximately ten (10) cosmetic products utilizing Axen for dodo's premium brand.
Product Development Costs. (a) VCD shall be responsible for the payment of all costs for Product development (“Product Development Costs”).
Product Development Costs. 31 6.4 Liens...........................................................................................31 6.5
Product Development Costs. Permit the amount of Product Development Costs to exceed $3,750,000 for each fiscal quarter, except as permitted under the Creo Agreement.
Product Development Costs. Permit the amount of Product Development Costs to exceed $3,750,000 for each fiscal quarter; PROVIDED that the Borrower may increase its cumulative Product Development Costs in accordance with Section 6.1(e).
Product Development Costs. Eos will [*****]. Medarex and Eos [*****] ------------------------- being pursued under Section E1, above. Internal costs incurred by the Parties for agreed upon activities in direct support of development will be shared equally by the Alliance at actual Fully-Burdened Costs without an additional xxxx-up by the Parties.
