Upgrade to SI Premium - Free Trial

Form 10-Q LANTRONIX INC For: Dec 31

February 16, 2016 4:45 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended December 31, 2015

 

OR

 

o 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: 1-16027

 

 

 

LANTRONIX, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 33-0362767
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

 

7535 Irvine Center Drive, Suite 100, Irvine, California

(Address of principal executive offices)

 

92618

(Zip Code)

 

(949) 453-3990

(Registrant’s telephone number, including area code)

 

                    Not Applicable                    

(Former name, former address and former fiscal year, if changed since last report)

 

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 o

 

Indicate by check mark 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). Yes x No o

 

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 o   Accelerated filer o
Non-accelerated filer o (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 by Rule 12b-2 of the Exchange Act). Yes o No x

 

As of January 31, 2016, there were 15,225,206 shares of the registrant’s common stock outstanding.

 

 

 

 

LANTRONIX, INC.

 

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED

December 31, 2015

 

INDEX

 

    Page
     
PART I. FINANCIAL INFORMATION 4
     
Item 1. Financial Statements 4
     
  Unaudited Condensed Consolidated Balance Sheets at December 31, 2015 and June 30, 2015 4
     
  Unaudited Condensed Consolidated Statements of Operations for the Three and Six Months Ended December 31, 2015 and 2014 5
     
  Unaudited Consolidated Statements of Cash Flows for the Six Months Ended December 31, 2015 and 2014 6
     
  Notes to Unaudited Condensed Consolidated Financial Statements 7
     
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 14
     
Item 3. Quantitative and Qualitative Disclosures about Market Risk 21
     
Item 4. Controls and Procedures 21
     
PART II. OTHER INFORMATION 23
     
Item 1. Legal Proceedings 23
     
Item 1A Risk Factors 23
     
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 23
     
Item 3. Defaults Upon Senior Securities 23
     
Item 4. Mine Safety Disclosures 23
     
Item 5. Other Information 23
     
Item 6. Exhibits 23

 

 2 
 

 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

 

This Quarterly Report on Form 10-Q for the three months ended December 31, 2015, or the Report, contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this Report, or incorporated by reference into this Report, are forward-looking statements. Throughout this Report, we have attempted to identify forward-looking statements by using words such as “may,” “believe,” “will,” “could,” “project,” “anticipate,” “expect,” “estimate,” “should,” “continue,” “potential,” “plan,” “forecasts,” “goal,” “seek,” “intend,” other forms of these words or similar words or expressions or the negative thereof. In particular, this Report contains forward-looking statements relating to, among other things:

·predictions of or assumptions about earnings, revenues, expenses or other financial matters;
·forecasts of our liquidity position, results of operations or available cash resources;
·the impact of changes in our relationship with customers;
·plans or expectations with respect to our product development activities or business strategy;
·demand for our products or for the products of our competitors;
·the impact of pending litigation;
·the impact of recent accounting pronouncements; and
·assumptions underlying any of the foregoing.

 

We have based our forward-looking statements on our current expectations and projections about trends affecting our business and industry and other future events. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance, to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this Report. Some of the risks and uncertainties that may cause actual results to differ from those expressed or implied in the forward-looking statements are described in “Risk Factors” in Item 1A of this Report, our Annual Report on Form 10-K, or the Form 10-K, filed with the Securities and Exchange Commission, or the SEC, on August 21, 2015, as well as in the other filings we make with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business.

 

You should read this Report in its entirety, together with the Form 10-K, the documents that we file as exhibits to this Report and the documents that we incorporate by reference into this Report, with the understanding that our future results may be materially different from what we currently expect. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of The Nasdaq Stock Market, LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

 

We qualify all of our forward-looking statements by these cautionary statements.

 

 3 
 

 

PART I. FINANCIAL INFORMATION

  

Item 1. Financial Statements

 

LANTRONIX, INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

 

   December 31,   June 30, 
   2015   2015 
Assets          
Current assets:          
Cash and cash equivalents  $4,562   $4,989 
Accounts receivable, net   2,343    2,658 
Inventories, net   7,861    9,503 
Contract manufacturers' receivable   482    369 
Prepaid expenses and other current assets   615    400 
Total current assets   15,863    17,919 
Property and equipment, net   1,684    1,471 
Goodwill   9,488    9,488 
Other assets   56    93 
Total assets  $27,091   $28,971 
           
Liabilities and stockholders' equity          
Current liabilities:          
Accounts payable  $2,575   $3,633 
Line of credit   700    700 
Accrued payroll and related expenses   1,655    1,685 
Warranty reserve   142    163 
Other current liabilities   3,575    3,849 
Total current liabilities   8,647    10,030 
Long-term capital lease obligations   150    152 
Other non-current liabilities   310    80 
Total liabilities   9,107    10,262 
           
Commitments and contingencies (Note 7)          
           
Stockholders' equity:          
Common stock   2    2 
Additional paid-in capital   206,860    206,326 
Accumulated deficit   (189,249)   (187,990)
Accumulated other comprehensive income   371    371 
Total stockholders' equity   17,984    18,709 
Total liabilities and stockholders' equity  $27,091   $28,971 

 

See accompanying notes.

 

 4 
 

 

LANTRONIX, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share data)

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
Net revenue (1)  $9,540   $10,735   $20,113   $22,271 
Cost of revenue   4,951    5,565    10,457    11,502 
Gross profit   4,589    5,170    9,656    10,769 
Operating expenses:                    
Selling, general and administrative   3,814    3,992    7,539    8,067 
Research and development   1,716    1,782    3,387    3,526 
Total operating expenses   5,530    5,774    10,926    11,593 
Loss from operations   (941)   (604)   (1,270)   (824)
Interest expense, net   (9)   (3)   (15)   (8)
Other income (expense), net   28    1    47    (20)
Loss before income taxes   (922)   (606)   (1,238)   (852)
Provision for income taxes   6    26    21    42 
Net loss and comprehensive loss  $(928)  $(632)  $(1,259)  $(894)
                     
Net loss per share (basic and diluted)  $(0.06)  $(0.04)  $(0.08)  $(0.06)
                     
Weighted-average common shares (basic and diluted)   15,160    14,874    15,131    14,831 
                     
Net revenue from related parties  $45   $112   $113   $191 

 

(1) Includes net revenue from related parties

 

See accompanying notes.

 

 5 
 

 

LANTRONIX, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

 

   Six Months Ended 
   December 31, 
   2015   2014 
Operating activities          
Net loss  $(1,259)  $(894)
Adjustments to reconcile net loss to net cash used in operating activities:          
Share-based compensation   485    520 
Depreciation   423    463 
Provision for excess and obsolete inventories   79    52 
Changes in operating assets and liabilities:          
Accounts receivable   315    997 
Inventories   1,563    (944)
Contract manufacturers' receivable   (113)   (34)
Prepaid expenses and other current assets   (215)   (72)
Other assets   25    20 
Accounts payable   (1,352)   (319)
Accrued payroll and related expenses   (30)   (169)
Warranty reserve   (21)   (39)
Other liabilities   (290)   (155)
Cash received related to tenant lease incentives   53     
Net cash used in operating activities   (337)   (574)
Investing activities          
Purchases of property and equipment   (103)   (363)
Net cash used in investing activities   (103)   (363)
Financing activities          
Minimum tax withholding paid on behalf of employees for restricted shares   (46)   (53)
Proceeds from borrowings on line of credit   1,400     
Payment of borrowings on line of credit   (1,400)    
Net proceeds from issuances of common stock   95    158 
Payment of capital lease obligations   (36)   (25)
Net cash provided by financing activities   13    80 
Decrease in cash and cash equivalents   (427)   (857)
Cash and cash equivalents at beginning of period   4,989    6,264 
Cash and cash equivalents at end of period  $4,562   $5,407 

 

See accompanying notes.

 

 6 
 

 

LANTRONIX, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2015

 

1.   Summary of Significant Accounting Policies

 

The Company

 

Lantronix, Inc. (the “Company,” “Lantronix,” “we,” “our,” or “us”) is a specialized networking company providing machine to machine (“M2M”) and Internet of Things (“IoT”) solutions. Our products deliver secure connectivity, device management and mobility for today's increasingly connected world. By networking and managing devices and machines that have never before been connected, we enable our customers to realize the possibilities of the IoT.

 

Basis of Presentation

 

The accompanying unaudited condensed consolidated financial statements of Lantronix have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Securities and Exchange Commission (“SEC”) Regulation S-X. Accordingly, they should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2015, included in our Annual Report on Form 10-K filed with the SEC on August 21, 2015. The unaudited condensed consolidated financial statements contain all normal recurring accruals and adjustments that in the opinion of management, are necessary to present fairly the consolidated financial position of Lantronix at December 31, 2015 and the consolidated results of our operations for the three and six months ended December 31, 2015 and our consolidated cash flows for the six months ended December 31, 2015. All intercompany accounts and transactions have been eliminated. It should be understood that accounting measurements at interim dates inherently involve greater reliance on estimates than at year-end. The results of operations for the three and six months ended December 31, 2015 are not necessarily indicative of the results to be expected for the full year or any future interim periods.

 

Reclassifications

 

Certain reclassifications have been made to the prior year financial information to conform to the current period presentation.

 

Recent Accounting Pronouncements 

 

In May 2014, the Financial Accounting Standards Board (“FASB”) issued an accounting standard which will supersede existing revenue recognition guidance under current U.S. GAAP. The new standard is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. In doing so, among other things, companies will generally need to use more judgment and make more estimates than under the current guidance. The standard permits the use of either a retrospective or cumulative effect transition method. In July 2015, FASB deferred the effective date of the standard by an additional year; however, it provided companies the option to adopt one year earlier, commensurate with the original effective date. Accordingly, the standard will be effective for Lantronix in the fiscal year beginning July 1, 2018, with an option to adopt the standard for the fiscal year beginning July 1, 2017. We are currently evaluating this standard and have not yet selected a transition method or the effective date on which we plan to adopt the standard, nor have we determined the effect of the standard on our financial statements and related disclosures.

 

In August 2014, FASB issued a new standard that will require management of an entity to assess, for each annual and interim period, if there is substantial doubt about the entity’s ability to continue as a going concern within one year of the financial statement issuance date. The definition of substantial doubt within the new standard incorporates a likelihood threshold of “probable” similar to the use of that term under current U.S. GAAP for loss contingencies. Certain disclosures will be required if conditions give rise to substantial doubt. The standard will be effective for Lantronix in the fiscal year beginning July 1, 2016. Early adoption is permitted. We are currently evaluating the impact of this standard on our financial statements and related disclosures.

 

In July 2015, FASB issued final guidance that simplifies the subsequent measurement of inventory for which cost is determined by methods other than last-in first-out (“LIFO”) and the retail inventory method. For inventory within the scope of the new guidance, entities will be required to compare the cost of inventory to only one measure, its net realizable value, and not the three measures required by the existing guidance. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The new guidance does not change how entities initially measure the cost of inventory. Lantronix adopted this guidance in the fiscal year beginning July 1, 2015. Such adoption did not have a material impact on our financial statements.

 

 7 
 

 

In November 2015, FASB issued final guidance simplifying the balance sheet classification of deferred taxes. The new guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. As a result, each jurisdiction will now only have one net noncurrent deferred tax asset or liability. The guidance does not change the existing requirement that only permits offsetting within a jurisdiction – that is, companies are still prohibited from offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. Lantronix has elected to adopt this guidance as of the fiscal quarter ended December 31, 2015. We have retrospectively applied this guidance to the accompanying unaudited condensed consolidated balance sheet as of June 30, 2015, which had the effect of increasing our working capital by $442,000 as compared to what was originally reported as of that date.

 

2.   Supplemental Financial Information

 

Inventories

 

Inventories are stated at the lower of cost (first-in, first-out) or net realizable value and consist of the following:

 

   December 31,   June 30, 
   2015   2015 
   (In thousands) 
Finished goods  $4,650   $6,044 
Raw materials   2,005    2,122 
Finished goods held by distributors   1,206    1,337 
Inventories, net  $7,861   $9,503 

 

Other Liabilities

 

The following table presents details of our other liabilities:

 

   December 31,   June 30, 
   2015   2015 
 

(In thousands)

 
Current          
Customer deposits and refunds  $912   $854 
Accrued raw materials purchases   657    916 
Deferred revenue   484    690 
Capital lease obligations   65    62 
Deferred rent   52    40 
Taxes payable   249    247 
Accrued operating expenses   1,156    1,040 
Total other current liabilities  $3,575   $3,849 
           
Non-current          
Deferred revenue  $83   $80 
Deferred rent   227     
Total other non-current liabilities  $310   $80 

 

 8 
 

 

Computation of Net Loss per Share

 

Basic and diluted net loss per share is calculated by dividing net loss by the weighted average number of common shares outstanding during the applicable period.

 

The following table presents the computation of net loss per share:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands, except per share data) 
Numerator:                    
Net loss  $(928)  $(632)  $(1,259)  $(894)
Denominator:                    
Weighted-average common shares outstanding (basic and diluted)   15,160    14,874    15,131    14,831 
                     
Net loss per share (basic and diluted)  $(0.06)  $(0.04)  $(0.08)  $(0.06)

 

The following table presents the common stock equivalents excluded from the diluted net loss per share calculation, because they were anti-dilutive for the periods presented. These excluded common stock equivalents could be dilutive in the future.

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands) 
Common stock equivalents   3,857    1,672    3,774    1,632 

 

Facility Lease

 

The lease for our new corporate headquarters in Irvine, California, commenced in July 2015. The lease agreement provided for a tenant improvement allowance from the landlord of up to $243,000 for tenant improvements and other qualified expenses. In connection with this allowance, the landlord paid for approximately $190,000 in tenant improvements, and, in September 2015, reimbursed Lantronix for the remaining $53,000.

 

Separation Agreement with Former Chief Executive Officer

 

In December 2015, we entered into a separation and release agreement (the “Separation Agreement”) with Kurt F. Busch, our former President and Chief Executive Officer. The Separation Agreement provided for (i) release of all claims by Mr. Busch in favor of Lantronix; (ii) a cash payment to Mr. Busch of $271,000, which was paid in January 2016; and (iii) the acceleration of vesting of 50,000 restricted stock units, for which we recorded a net $52,000 share-based compensation charge. Both the $271,000 accrued obligation and the share-based compensation charge are included in selling, general and administrative expense in the accompanying unaudited condensed consolidated statements of operations for the three and six months ended December 31, 2015.

 

Supplemental Cash Flow Information

 

The following table presents non-cash investing and financing transactions excluded from the unaudited condensed consolidated statements of cash flows:

 

   Six Months Ended 
   December 31, 
   2015   2014 
   (In thousands) 
Accrued property and equipment paid for in the subsequent period  $294   $38 
Non-cash acquisition of property and equipment under capital leases  $37   $ 
Non-cash tenant improvements paid by landlord  $190   $ 

 

 9 
 

 

3.   Warranty Reserve

 

The warranty periods for our products generally range from one to five years. We establish reserves for estimated product warranty costs at the time revenue is recognized based upon our historical warranty experience, and additionally, for any known product warranty issues. Our warranty obligation is affected by product failure rates, use of materials or service delivery costs that differ from our estimates. As a result, increases or decreases to warranty reserves could be required, which could impact our gross margins.

 

The following table presents details of our warranty reserve:

 

   Six Months Ended   Year Ended 
   December 31,   June 30, 
   2015   2015 
   (In thousands) 
Beginning balance  $163   $150 
Charged to cost of revenues   15    112 
Usage   (36)   (99)
Ending balance  $142   $163 

 

4.   Bank Line of Credit

 

On September 30, 2014, we entered into an amendment (the “Amendment”) to our existing Loan and Security Agreement dated May 23, 2006 (as amended, the “Loan Agreement”) with Silicon Valley Bank (“SVB”). The Amendment provides, among other things, for (i) a renewal of our $4.0 million revolving line of credit with an extended maturity date of September 30, 2016 and (ii) a modification of the revolving credit line borrowing base formula to include a portion of our foreign accounts receivable to the borrowing base and increase the borrowing limit related to domestic accounts receivable.

  

The Loan Agreement provides for an interest rate per annum equal to the greater of the prime rate plus 0.75% or 4.0%, provided that we maintain a monthly quick ratio of 1.0 to 1.0 or greater. The quick ratio measures our ability to use our cash and cash equivalents maintained at SVB to extinguish or retire our current liabilities immediately. If this ratio is not met, the interest rate will become the greater of the prime rate plus 1.25% or 4.0%. 

 

The Loan Agreement includes a covenant requiring us to maintain a certain Minimum Tangible Net Worth (“Minimum TNW”), which is currently required to be at least $6.0 million. This amount is subject to adjustment upward to the extent we raise additional equity or debt financing or achieve net income in future quarters. Our Actual Tangible Net Worth (“Actual TNW”) is calculated as total stockholders’ equity, less goodwill. If we continue to incur net losses, we may have difficulty satisfying the Minimum TNW financial covenant in the future, in which case we may be unable to borrow funds under the Loan Agreement and any amounts outstanding may need to be repaid immediately.

 

The following table sets forth the Minimum TNW compared to our Actual TNW:

 

   December 31, 
   2015 
   (In thousands) 
Minimum TNW  $6,000 
Actual TNW  $8,496 

 

The following table presents certain information with respect to the Loan Agreement with SVB:

 

  December 31,   June 30, 
   2015   2015 
  (In thousands) 
Outstanding borrowings on the line of credit  $700   $700 
Available borrowing capacity  $1,626   $1,736 
Outstanding letters of credit  $51   $110 

 

Our outstanding letters of credit were used as security deposits.

 

 10 
 

 

5.   Stockholders’ Equity

 

Share-Based Plans

 

Our stock incentive plans permit the granting of stock options (both incentive and nonqualified stock options), restricted stock units (“RSUs”), stock appreciation rights, non-vested stock, and performance shares to certain employees, directors and consultants. As of December 31, 2015, no stock appreciation rights, non-vested stock, or performance shares were outstanding.

 

Stock Option Awards

 

In December 2015, in accordance with his employment offer letter, our new Chief Executive Officer, Jeffrey Benck, was granted the following stock options pursuant to our Amended and Restated 2010 Stock Incentive Plan:

 

(a)an option to purchase 150,000 shares of Lantronix common stock that vest according to the following schedule: 25% of the options shall vest on September 1, 2017 and the remaining options shall vest ratably each month thereafter for a period of 36 months; and

 

(b)an option to purchase 150,000 shares of Lantronix common stock that vest according to the following schedule: 25% of the options shall vest on September 1, 2018 and the remaining options shall vest ratably each month thereafter for a period of 36 months.

 

The following table presents a summary of stock option activity under all of our stock option plans:

 

        Weighted 
        Average 
    Number of   Exercise Price 
    Shares   per Share 
    (In thousands)     
Balance of options outstanding at June 30, 2015    3,546   $2.19 
 Granted     924    1.26 
 Forfeited    (327)   1.76 
 Expired    (56)   2.51 
 Exercised         
Balance of options outstanding at December 31, 2015    4,087   $2.01 

 

Restricted Stock Units

 

The following table presents a summary of activity with respect to our RSUs:

 

        Weighted 
        Average 
        Grant - Date 
    Number of   Fair Value 
    Shares   per Share 
    (In thousands)     
Balance of RSUs outstanding at June 30, 2015    28   $1.98 
 Granted    70    1.28 
 Vested    (78)   1.58 
Balance of RSUs outstanding at December 31, 2015    20   $1.10 

 

 11 
 

 

Employee Stock Purchase Plan 

 

Our 2013 Employee Stock Purchase Plan (the “ESPP”) is intended to provide employees with an opportunity to purchase our common stock through accumulated payroll deductions. Each of our employees (including officers) is eligible to participate in the ESPP, subject to certain limitations as defined in the ESPP plan document.

 

The following table presents a summary of activity under our ESPP:

 

   Number of 
   Shares 
   (In thousands) 
Shares available for issuance at June 30, 2015   906 
Reserved for issuance    
Issued   (93)
Shares available for issuance at December 31, 2015   813 

 

In accordance with the terms of our ESPP, the purchase price of the 93,000 shares that were issued on November 13, 2015 was adjusted to $1.02 per share, which represents 85% of the closing market price of our common stock on that date.

 

Share-Based Compensation Expense

 

The following table presents a summary of share-based compensation expense included in each functional line item on our unaudited condensed consolidated statements of operations:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands) 
Cost of revenues  $20   $16   $38   $36 
Selling, general and administrative   182    195    353    369 
Research and development   50    54    94    115 
Total share-based compensation expense  $252   $265   $485   $520 

 

The following table summarizes the remaining unrecognized share-based compensation expense related to our outstanding share-based awards as of December 31, 2015:

 

   Remaining   Remaining 
   Unrecognized   Weighted 
   Compensation   Average Years 
   Cost   To Recognize 
   (In thousands)     
Stock options  $1,229    3.3 
Restricted stock units   19    0.9 
Stock purchase rights under ESPP   164    1.9 

 

If there are any modifications or cancellations of the underlying unvested share-based awards, we may be required to accelerate, increase or cancel remaining unearned share-based compensation expense. Future share-based compensation expense and unearned share-based compensation will increase to the extent that we grant additional share-based awards.

 

 12 
 

 

6.   Income Taxes

 

We utilize the liability method of accounting for income taxes. The following table presents our effective tax rates based upon the income tax provision for the periods shown:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
Effective tax rate   1%    4%    2%    5% 

 

The difference between our effective tax rates in the periods presented above and the federal statutory rate is primarily due to a tax benefit from our domestic losses being recorded with a full valuation allowance, as well as the effect of foreign earnings taxed at rates differing from the federal statutory rate.

 

We record net deferred tax assets to the extent that we believe these assets will more likely than not be realized. As a result of our cumulative losses and uncertainty of generating future taxable income, we have provided a full valuation allowance against our net deferred tax assets as of December 31, 2015 and June 30, 2015.

 

7.   Commitments and Contingencies

 

From time to time, we are subject to legal proceedings and claims in the ordinary course of business. We are not currently aware of any such legal proceedings or claims that are expected to have, individually or in the aggregate, a material adverse effect on our business, prospects, financial position, operating results or cash flows.

 

8.   Related Party Transactions

 

In December 2015, we were informed that our largest stockholder and Lantronix director, Bernhard Bruscha, had sold his investment in Barix AG (“Barix”). Barix is an international customer of Lantronix, for which we have historically reported net revenues as a related party transaction. While we anticipate continuing to sell to Barix, such revenues in subsequent periods will no longer be classified as net revenue from related parties.  

 

9.   Subsequent Event

 

In February 2016, we initiated a strategic realignment plan to enable us to reallocate resources intended to optimize our sales and product development efforts. We expect the realignment activities to result in total pre-tax charges ranging from approximately $200,000 to $300,000, consisting of severance, lease termination and other associated costs. These activities, and the related charges, are expected to be substantially completed and incurred, respectively, during the fiscal quarter ending March 31, 2016.

 

 13 
 

 

Item 2.   Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

You should read the following discussion and analysis in conjunction with our unaudited condensed consolidated financial statements and related notes included in Item 1 of this Report, the “Risk Factors” included in Item 1A of this Report and in the Form 10-K, as well as the Cautionary Note Regarding Forward Looking Statements described elsewhere in this Report, before deciding to purchase, hold or sell our common stock. 

 

Overview

 

Lantronix, Inc., which we refer to herein as the Company, Lantronix, we, our or us, is a specialized networking company providing machine to machine, or M2M, and Internet of Things, or IoT, solutions. Our products deliver secure connectivity, device management and mobility for today's increasingly connected world. By networking and managing devices and machines that have never before been connected, we enable our customers to realize the possibilities of the IoT.

 

We provide a broad portfolio of products intended to enhance the value of electronic devices and machines. Our products are typically used by enterprise and commercial businesses, government institutions, telecommunication and utility companies, financial institutions, healthcare providers and individual consumers.

 

We organize our solutions into two product lines based on how they are marketed, sold and deployed: IoT Modules and Enterprise Solutions. We conduct our business globally and manage our sales teams by geography, according to four regions: the Americas; Europe, Middle East, and Africa, or EMEA; Asia Pacific; and Japan.

 

Products and Solutions Overview

 

“New Products” are defined as products that have been released since the beginning of the second quarter of the fiscal year ended June 30, 2012. All other products are referred to as “Legacy Products.”

 

IoT Modules

 

IoT Modules are electronic products that serve as building blocks embedded within modern electronic systems and equipment. Each module consists of one or more silicon integrated circuits combined with specialized firmware to provide a self-contained function. Many modules are pre-certified in a number of countries thereby significantly reducing the customer’s regulatory certification costs and accelerating time to market. Our IoT Modules product line includes wired and wireless products that are designed to enhance the value and utility of modern electronic systems and equipment by providing secure network connectivity, application hosting, protocol conversion and other functions. The products are offered with a software suite intended to further decrease our customer’s time-to-market and increase their value add. Among others, the following product families are included in our IoT Modules product line: MatchPort®, PremiereWave® EN, WiPort®, xPico®, xPico® Wi-Fi, and xPort®.

 

Our IoT Modules are typically sold to original equipment manufacturers, or OEMs, original design manufacturers, or ODMs, contract manufacturers and distributors. OEMs design and sell products under their own brand that are either manufactured by the OEM in-house or by third-party contract manufacturers. ODMs design and manufacture products for third parties, which then sell those products under their own brand. The design cycles using our IoT Modules typically range from 12 to 24 months and can generate revenue for the entire life-cycle of an end-user’s product.

 

Enterprise Solutions

 

Our Enterprise Solutions consist of electronic products that typically connect to one or more existing machines and devices and provide network connectivity or additional functionality. Our Enterprise Solutions are designed to enhance the value and utility of machines and devices by making the data from them available to users, systems and processes or by controlling their properties and features over the network. Our Enterprise Solutions primarily serve three markets: IoT Gateways, IT Infrastructure Management and Mobile Printing, based on the target application while relying on a common set of core technologies such as network connectivity, routing, switching and remote management. IoT Gateways encompass our line of wired and wireless device servers and terminal servers that add network connectivity to legacy or existing machines and intelligent gateways that add application hosting, protocol conversion and secure access for distributed Enterprise IoT deployments. IT Infrastructure Management includes console management, power management, keyboard video mouse, or KVM, products that provide out-of-band management access to IT and networking infrastructure deployed in data centers and server rooms. Mobile Printing covers the lineup of print servers that enhances the installed base of printers to work with Google Cloud Print and Apple Airprint. The following product families are included in our Enterprise Solutions product line: EDS, PremierWave® XC, PremierWave® XN, SLB, SLC, SLP, Spider, UDS, xDirect®, xPress, xPrintServer®, and xSenso®.

 

Enterprise Solutions are typically sold through value added resellers, or VARs, systems integrators, distributors, e-tailers and to a lesser extent to OEMs. Sales are often project-based and may result in significant quarterly fluctuations.

 

 14 
 

 

Recent Accounting Pronouncements

 

Please refer to Note 1 of Notes to Unaudited Condensed Consolidated Financial Statements, included in Item 1 of this Report for a discussion of recent accounting pronouncements.

  

Critical Accounting Policies and Estimates

 

The accounting policies that have the greatest impact on our financial condition and results of operations and that require the most judgment are those relating to revenue recognition, warranty reserves, allowance for doubtful accounts, inventory valuation, valuation of deferred income taxes, and goodwill. These policies are described in further detail in the Form 10-K. There have been no significant changes in our critical accounting policies and estimates during the three months ended December 31, 2015 as compared to what was previously disclosed in the Form 10-K.

   

Results of Operations – Three Months Ended December 31, 2015 Compared to the Three Months Ended December 31, 2014

 

Summary

 

In the three months ended December 31, 2015 our net revenue decreased by $1.2 million, or 11.1%, compared to the three months ended December 31, 2014. The decline in net revenue was primarily due to lower unit sales of our Legacy Products, which was partially offset by growth in unit sales of some of our New Products. Our net loss was $928,000 for the three months ended December 31, 2015 compared to a net loss of $632,000 in the three months ended December 31, 2014. Our net loss in the current quarter was largely the result of the decrease in our net revenue and the resulting decrease in gross profit of 11.2%.

 

Net Revenue

 

The following tables present our fiscal quarter net revenue by product line and geographic region:

 

   Three Months Ended December 31,         
   2015   2014   Total Change 
   IoT
Modules
   Enterprise
Solutions
   Total   IoT
Modules
   Enterprise
Solutions
   Total   $   % 
   (In thousands, except percentages) 
New Products  $447   $1,382   $1,829   $291   $1,354   $1,645   $184    11.2% 
Legacy Products   4,449    3,262    7,711    5,007    4,083    9,090    (1,379)   (15.2%)
   $4,896   $4,644   $9,540   $5,298   $5,437   $10,735   $(1,195)   (11.1%)

 

   Three Months Ended December 31,         
   2015   2014   Total Change 
   IoT
Modules
   Enterprise
Solutions
   Total   IoT
Modules
   Enterprise
Solutions
   Total   $   % 
   (In thousands, except percentages) 
Americas  $2,186   $3,017   $5,203   $1,971   $3,662   $5,633   $(430)   (7.6%)
EMEA   1,746    1,074    2,820    2,154    1,150    3,304    (484)   (14.6%)
Asia Pacific   549    344    893    550    349    899    (6)   (0.7%)
Japan   415    209    624    623    276    899    (275)   (30.6%)
   $4,896   $4,644   $9,540   $5,298   $5,437   $10,735   $(1,195)   (11.1%)

 

IoT Modules

 

Net revenue from our IoT Modules product line declined primarily as a result of a decline in sales from Legacy Products, particularly our xPort product family in the EMEA region. The decline in sales of our Legacy IoT Modules was relatively consistent with the approximate 10% annual rate of decline that we experienced in our Legacy Products during fiscal 2014 and 2015. The overall decline in revenues in this product line was partially offset by growth from one of our New Products, the xPico WiFi, which benefited from a few design wins that are in production in the EMEA region.

 

 15 
 

 

Enterprise Solutions

 

Net revenue from our Enterprise Solutions product line decreased primarily as a result of (i) decreased unit sales of our Legacy Products, in particular the SLC and UDS product families and (ii) decreased unit sales of certain New Products. The decline in Legacy Enterprise Solutions was greater than the approximate 10% annual rate of decline we experienced in our Legacy Products in fiscal 2014 and 2015 as many of our customers began transitioning from the Legacy SLC to the new SLC8000 during the three months ended December 31, 2015. One of the primary reasons for the decline in New Products in the Enterprise Solutions category is that in the quarter ended December 31, 2014, a few customers made volume purchases of our SLB2 and PremierWave XN product families resulting in increased unit sales of these products. In the current fiscal quarter, we saw a lower rate of purchases of these product families by these customers. The overall decline in Enterprise Solutions was partially offset by an increase in unit sales of the SLC8000, one of our New Products.

 

Gross Profit

 

Gross profit represents net revenue less cost of revenue. Cost of revenue consists primarily of the cost of raw material components, subcontract labor assembly from contract manufacturers, manufacturing overhead, establishing or relieving inventory reserves for excess and obsolete products or raw materials, warranty costs, royalties and share-based compensation.

 

The following table presents our fiscal quarter gross profit:

 

   Three Months Ended December 31,     
       % of Net       % of Net   Change 
   2015   Revenue   2014   Revenue   $   % 
   (In thousands, except percentages) 
Gross profit  $4,589    48.1%  $5,170    48.2%  $(581)   (11.2%)

 

 

Gross profit as a percent of revenue (referred to as “gross margin”) for the three months ended December 31, 2015 was generally consistent with the three months ended December 31, 2014.

 

Selling, General and Administrative

 

Selling, general and administrative expenses consist of personnel-related expenses, including salaries and commissions, share-based compensation, facility expenses, information technology, trade show expenses, advertising, and legal and accounting fees. 

 

The following table presents our fiscal quarter selling, general and administrative expenses:

 

   Three Months Ended December 31,     
       % of Net       % of Net   Change 
   2015   Revenue   2014   Revenue   $   % 
   (In thousands, except percentages) 
Personnel-related expenses  $2,230        $2,544        $(314)   (12.3%)
Severance expenses   286                  286    100.0% 
Professional fees and outside services   326         359         (33)   (9.2%)
Advertising and marketing   357         422         (65)   (15.4%)
Facilities and insurance   256         298         (42)   (14.1%)
Share-based compensation   182         195         (13)   (6.7%)
Depreciation   65         63         2    3.2% 
Other   112         111         1    0.9% 
Selling, general and administrative  $3,814    40.0%   $3,992    37.2%   $(178)   (4.5%)

 

Overall, selling, general and administrative expenses decreased primarily due to (i) lower headcount-related expenses, as we reduced headcount at the end of the prior fiscal year in order to reduce our ongoing operating expenses and (ii) lower variable compensation expenses. Selling, general and administrative expenses for the three months ended December 31, 2015 includes a severance charge for $286,000, which is comprised of $271,000 paid to our former President and Chief Executive Officer in January 2016, along with applicable payroll taxes.

 

In February 2016, we initiated a strategic realignment plan to enable us to reallocate resources intended to optimize our sales and product development efforts. We expect the realignment activities to result in total pre-tax charges ranging from approximately $200,000 to $300,000, consisting of severance, lease termination and other associated costs. These activities, and the related charges, are expected to be substantially completed and incurred, respectively, during the fiscal quarter ending March 31, 2016.

 

 16 
 

 

Research and Development

 

Research and development expenses consist of personnel-related expenses, including share-based compensation, as well as expenditures to third-party vendors for research and development activities and product certification costs. Our quarterly costs related to outside services and product certifications can vary from period to period depending on our level of development activities.

 

The following table presents our fiscal quarter research and development expenses:

 

   Three Months Ended December 31,     
       % of Net       % of Net   Change 
   2015   Revenue   2014   Revenue   $   % 
   (In thousands, except percentages) 
Personnel-related expenses  $1,118        $1,176        $(58)   (4.9%)
Facilities   206         191         15    7.9% 
Outside services   181         229         (48)   (21.0%)
Product certifications   111         66         45    68.2% 
Share-based compensation   50         54         (4)   (7.4%)
Other   50         66         (16)   (24.2%)
Research and development  $1,716    18.0%   $1,782    16.6%   $(66)   (3.7%)

 

Research and development expenses decreased primarily due to lower headcount and variable compensation expenses.

 

Results of Operations – Six Months Ended December 31, 2015 Compared to the Six Months Ended December 31, 2014

 

Summary

 

In the six months ended December 31, 2015 our net revenue decreased by $2.2 million, or 9.7%, compared to the six months ended December 31, 2014. Our net loss was $1.3 million for the six months ended December 31, 2015 compared to a net loss of $894,000 in the six months ended December 31, 2014. The decline in net revenue is primarily due to lower unit sales of our Legacy Products that was partially offset by growth in some of our New Products. Our net loss in the current period was largely impacted by a decrease in our net revenue and the resulting decrease in gross profit by 10.3%. The impact on our current year net loss was partially offset by a 5.8% decrease in operating expenses.

 

Net Revenue

 

The following tables present fiscal year-to-date net revenue by product line and geographic region:

 

   Six Months Ended December 31,         
   2015   2014   Total Change 
   IoT
Modules
   Enterprise
Solutions
   Total   IoT
Modules
   Enterprise
Solutions
   Total   $   % 
   (In thousands, except percentages) 
New Products  $927   $2,655   $3,582   $475   $2,890   $3,365   $217    6.4% 
Legacy Products   9,201    7,330    16,531    10,451    8,455    18,906    (2,375)   (12.6%)
   $10,128   $9,985   $20,113   $10,926   $11,345   $22,271   $(2,158)   (9.7%)

 

 17 
 

 

   Six Months Ended December 31,         
   2015   2014   Total Change 
   IoT
Modules
   Enterprise
Solutions
   Total   IoT
Modules
   Enterprise
Solutions
   Total   $   % 
   (In thousands, except percentages) 
Americas  $3,850   $6,462   $10,312   $4,380   $7,812   $12,192   $(1,880)   (15.4%)
EMEA   4,318    2,323    6,641    4,323    2,275    6,598    43    0.7% 
Asia Pacific   1,066    728    1,794    1,167    661    1,828    (34)   (1.9%)
Japan   894    472    1,366    1,056    597    1,653    (287)   (17.4%)
   $10,128   $9,985   $20,113   $10,926   $11,345   $22,271   $(2,158)   (9.7%)

 

IoT Modules

 

Net revenue from our IoT Modules product line decreased as we have experience a decline in unit shipments for most of our Legacy Product families. The decline in Legacy IoT Modules was relatively consistent with the approximate 10% annual rate of decline that we experienced in our Legacy Products during fiscal 2014 and 2015. The decrease was partially offset by increased unit sales in the xPico Wi-Fi, a New Product, primarily in the EMEA region.

 

Enterprise Solutions

 

Net revenue from our Enterprise Solutions product line decreased primarily as a result of (i) decreased unit sales of our Legacy Products, in particular the SLC and UDS product families and (ii) decreased unit sales of certain New Products. The decline in Legacy Enterprise Solutions was greater than the approximate 10% annual rate of decline that we experienced in our Legacy Products during fiscal 2014 and 2015 as many of our customers began transitioning from the Legacy SLC to the new SLC8000, during the six months ended December 31, 2015. One of the primary reasons for the decline in New Products in the Enterprise Solutions category is that during the six months ended December 31, 2014, a few customers made volume purchases of our SLB2 and PremierWave XN product families resulting in increased unit sales of the products. During the six months ended December 31, 2015, we saw a lower rate of purchases of these product families by these customers. The overall decline in Enterprise Solutions was partially offset by an increase in unit sales of the SLC8000, one of our New Products.

 

Gross Profit

 

The following table presents fiscal year-to-date gross profit:

 

   Six Months Ended December 31,         
       % of Net       % of Net   Change 
   2015   Revenue   2014   Revenue   $   % 
   (In thousands, except percentages) 
Gross profit  $9,656    48.0%   $10,769    48.4%   $(1,113)   (10.3%)

 

Gross margin for the six months ended December 31, 2015 was slightly lower than the prior year period as we saw higher manufacturing overhead expenses in the current year period.

 

 18 
 

 

Selling, General and Administrative

 

The following table presents fiscal year-to-date selling, general and administrative expenses:

 

   Six Months Ended December 31,         
       % of Net       % of Net   Change 
   2015   Revenue   2014   Revenue   $   % 
   (In thousands, except percentages) 
Personnel-related expenses  $4,539        $5,215        $(676)   (13.0%)
Severance expenses   286                  286    100.0% 
Professional fees & outside services   712         723         (11)   (1.5%)
Advertising and marketing   807         841         (34)   (4.0%)
Facilities and insurance   547         598         (51)   (8.5%)
Share-based compensation   353         369         (16)   (4.3%)
Depreciation   116         128         (12)   (9.4%)
Other   179         193         (14)   (7.3%)
Selling, general and administrative  $7,539    37.5%   $8,067    36.2%   $(528)   (6.5%)

 

Selling, general and administrative expenses decreased primarily due to (i) lower headcount-related expenses, as we reduced headcount at the end of the prior fiscal year in order to reduce our ongoing operating expenses and (ii) lower variable compensation expenses. In the current year period, we have also experience lower facility-related costs resulting from the relocation of our headquarters in July 2015. Selling, general and administrative expenses for the six months ended December 31, 2015 includes a severance charge for $286,000, which is comprised of $271,000 paid to our former President and Chief Executive Officer in January 2016, along with applicable payroll taxes.

 

In February 2016, we initiated a strategic realignment plan to enable us to reallocate resources intended to optimize our sales and product development efforts. We expect the realignment activities to result in total pre-tax charges ranging from approximately $200,000 to $300,000, consisting of severance, lease termination and other associated costs. These activities, and the related charges, are expected to be substantially completed and incurred, respectively, during the fiscal quarter ending March 31, 2016.

 

Research and Development

 

The following table presents fiscal year-to-date research and development expenses:

 

   Six Months Ended December 31,         
       % of Net       % of Net   Change 
   2015   Revenue   2014   Revenue   $   % 
   (In thousands, except percentages) 
Personnel-related expenses  $2,278        $2,330        $(52)   (2.2%)
Facilities   391         380         11    2.9% 
Outside services   333         413         (80)   (19.4%)
Product certifications   187         147         40    27.2% 
Share-based compensation   94         115         (21)   (18.3%)
Other   104         141         (37)   (26.2%)
Research and development  $3,387    16.8%   $3,526    15.8%   $(139)   (3.9%)

 

Research and development spending in the current year period decreased primarily due to lower outside services and personnel variable compensation expenses. These decreases were partially offset by higher product certification costs, which vary from period to period due to the timing and completion of development projects.

 

 19 
 

 

Provision for Income Taxes

 

The following table presents our effective tax rate based upon our income tax provision:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
Effective tax rate   1%    4%    2%    5% 

 

We utilize the liability method of accounting for income taxes. The difference between our effective tax rates and the federal statutory rate resulted primarily from a tax benefit from our domestic losses being recorded with a full valuation allowance, as well as the effect of foreign earnings taxed at rates differing from the federal statutory rate.

 

We record net deferred tax assets to the extent that we believe these assets will more likely than not be realized. As a result of our cumulative losses and uncertainty of generating future taxable income, we have provided a full valuation allowance against our net deferred tax assets as of December 31, 2015 and June 30, 2015.

 

Liquidity and Capital Resources

 

The following table presents details of our working capital and cash and cash equivalents:

 

   December 31,   June 30,     
   2015   2015   Change 
   (In thousands) 
Working capital  $7,216   $7,889   $(673)
Cash and cash equivalents  $4,562   $4,989   $(427)

 

Our principal sources of cash and liquidity include our existing cash and cash equivalents, borrowings and amounts available under our credit facilities, and cash generated from operations. We believe that these sources will be sufficient to fund our current requirements for working capital, capital expenditures and other financial commitments for at least the next 12 months. We anticipate that the primary factors affecting our cash and liquidity are net revenue, working capital requirements and capital expenditures.

   

Management defines cash and cash equivalents as highly liquid deposits with original maturities of 90 days or less when purchased. We maintain cash and cash equivalents balances at certain financial institutions in excess of amounts insured by federal agencies. Management does not believe this concentration subjects us to any unusual financial risk beyond the normal risk associated with commercial banking relationships. We frequently monitor the third-party depository institutions that hold our cash and cash equivalents. Our emphasis is primarily on safety of principal and secondarily on maximizing yield on those funds.

 

Our future working capital requirements will depend on many factors, including the timing and amount of our net revenue, any future cost-cutting measures that we may implement from time to time, research and development expenses, expenses associated with any strategic partnerships or acquisitions, infrastructure investments and future fundraising activities.

 

We expect our existing cash and cash equivalents, amounts available under our credit facilities and cash generated from operations will be sufficient to fund our capital expenditures, working capital and other cash requirements. From time to time, we may seek additional capital from public or private offerings of our capital stock, borrowings under our existing or future credit lines or other sources in order to (i) develop or enhance our products, (ii) take advantage of future opportunities, (iii) respond to competition or (iv) continue to operate our business. We currently have a Form S-3 shelf registration statement on file with the SEC. If we issue equity securities to raise additional funds, our existing stockholders may experience dilution, and the new equity securities may have rights, preferences and privileges senior to those of our existing stockholders. If we issue debt securities to raise additional funds, we may incur debt service obligations, we may become subject to restrictions limiting or restricting our ability to operate our business and we may be required to encumber all or a portion of our assets. There can be no assurance that we will be able to raise any such capital on terms acceptable to us, if at all.

 

Loan Agreement

 

Refer to Note 4 of Notes to Unaudited Condensed Consolidated Financial Statements, included in Item 1 of this Report.

 

 20 
 

 

Cash Flows

 

The following table presents the major components of the unaudited condensed consolidated statements of cash flows:

 

  

Six Months Ended

December 31,

     
   2015   2014   Change 
   (In thousands) 
Net cash used in operating activities  $(337)  $(574)  $237 
Net cash used in investing activities   (103)   (363)   260 
Net cash provided by financing activities   13    80    (67)

 

Operating Activities

 

Net cash used by operating activities during the six months ended December 31, 2015 decreased as compared to the prior year period primarily due to an approximate $1.6 million decrease in inventories as compared to June 30, 2015 due to (i) our efforts to reduce inventory purchases in the current year period to align with demand, and (ii) the sale of inventories built in the prior fiscal year. Conversely, we experienced a decrease in accounts payable of approximately $1.1 million as compared to June 30, 2015 as we paid for inventories accumulated in the prior fiscal year.

  

Investing Activities

 

Cash used in investing activities was related to capital expenditures for the purchase of property and equipment, primarily related to tooling and test equipment for new product deployment.

 

Financing Activities

 

Cash provided by financing activities was primarily due to proceeds we received from the issuance of common stock to employees in connection with purchases made under our ESPP. These proceeds were partially offset by payments we made for withholding taxes paid on behalf of employees for restricted shares and for capital leases.

 

Off-Balance Sheet Arrangements

 

As part of our ongoing business, we have not participated in transactions that generate material relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities, or SPEs, which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes. As of December 31, 2015, we were not involved in any material unconsolidated SPEs. 

 

Item 3.   Quantitative and Qualitative Disclosures about Market Risk

 

As a smaller reporting company, we are not required to provide the information required by this Item 3.

 

Item 4.   Controls and Procedures

 

(a) Evaluation of disclosure controls and procedures

 

We maintain disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) that are designed to ensure that information required to be disclosed by us in reports that we file or submit under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and (ii) is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. 

 

We carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and our Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this Report. Based upon that evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures were effective as of December 31, 2015 at the reasonable assurance level.

 

 21 
 

 

(b) Changes in internal controls over financial reporting

 

There were no changes in our internal control over financial reporting identified in connection with the evaluation required by Rule 13a-15(f) and 15d-15(f) of the Exchange Act that occurred during the quarter ended December 31, 2015 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

 

(c) Inherent Limitation on Effectiveness of Controls

 

A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of a simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of the controls. The design of any system of controls is also based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 22 
 

 

PART II. OTHER INFORMATION

 

Item 1.   Legal Proceedings

 

Reference is made to the Form 10-K for a description of our legal proceedings. There have been no material changes to our legal proceedings as disclosed in the Form 10-K.

 

Item 1A.   Risk Factors

 

For a discussion of the substantial risks and uncertainties that could impact our business, financial condition, results of operations or performance, please see the information listed in the item captioned “Risk Factors” in the Form 10-K. There have been no material changes to the risk factors as disclosed in the Form 10-K.

 

Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds

 

None.

 

Item 3.   Defaults Upon Senior Securities

 

None.

 

Item 4.   Mine Safety Disclosures

 

None.

 

Item 5.   Other Information

 

None.

 

Item 6.   Exhibits

 

See the Exhibit Index immediately following the signature page of this Report, which is incorporated herein by reference.

 

 23 
 

 

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.

 

  LANTRONIX, INC.  
       
Date: February 16, 2016 By: /s/ JEFFREY BENCK  
    Jeffrey Benck  
    President and Chief Executive Officer  
    (Principal Executive Officer)  
       
       
Date: February 16, 2016 By: /s/ JEREMY WHITAKER  
    Jeremy Whitaker
Chief Financial Officer
 
    (Principal Financial Officer and Principal Accounting Officer)  

 

 

 

 

 

 

 

 

 

 

 

 

 

 24 
 

 

Exhibit Index

 

    Incorporated by Reference

Exhibit

Number

Description

Filed

Herewith

Form Exhibit

Filing

Date

           
10.1 Offer Letter dated December 5, 2015 between Lantronix, Inc. and Jeffrey W. Benck   8-K 99.1 12/07/2015
           
10.2 Separation Agreement dated December 8, 2015 between Lantronix, Inc. and Kurt F. Busch   8-K 99.1 12/10/2015
           
31.1 Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 X      
           
31.2 Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 X      
           
32.1* Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 X      
           
101.INS

XBRL Instance Document

X      
101.SCH XBRL Taxonomy Extension Schema Document X      
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document X      
101.DEF XBRL Taxonomy Extension Definition Linkbase Document X      
101.LAB XBRL Taxonomy Extension Label Linkbase Document X      
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document X      

 

_________________

* Furnished, not filed.

 

 25 

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Jeffrey Benck, certify that:

 

  1. I have reviewed this quarterly report on Form 10-Q of Lantronix, Inc.;

 

  2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

  3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

  4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

  (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

  5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: February 16, 2016 /s/ JEFFREY BENCK
   

Jeffrey Benck

President and Chief Executive Officer

(Principal Executive Officer)

 

Exhibit 31.2

 

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Jeremy Whitaker, certify that:

 

  1. I have reviewed this quarterly report on Form 10-Q of Lantronix, Inc.;

 

  2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

  3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

  4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

  (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

  5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: February 16, 2016 /s/ JEREMY WHITAKER
   

Jeremy Whitaker

Chief Financial Officer

(Principal Financial and Accounting Officer)

 

Exhibit 32.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

The following certifications are being furnished solely to accompany the Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2015 (the “Report”) pursuant to U.S.C. Section 1350, and pursuant to SEC Release No. 33-8238 are being “furnished” to the SEC rather than “filed” either as part of the Report or as a separate disclosure statement, and are not to be incorporated by reference into the Report or any other filing of Lantronix, Inc. (the “Company”), whether made before or after the date hereof, regardless of any general incorporation language in such filing. The following certifications shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability under that section.

 

Certification of the Chief Executive Officer

 

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned officer of the Company hereby certifies, to such officer’s knowledge, that:

 

(i) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(ii) the information contained in the Report fairly presents, in all material respects, the financial condition and results operations of the Company as of, and for, the periods presented in such Report.

 

Date: February 16, 2016 By: /s/ JEFFREY BENCK
     

Name: Jeffrey Benck

Title: President and Chief Executive Officer

(Principal Executive Officer)

 

Certification of the Chief Financial Officer

 

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned officer of the Company hereby certifies, to such officer’s knowledge, that:

 

(i) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(ii) the information contained in the Report fairly presents, in all material respects, the financial condition and results operations of the Company as of, and for, the periods presented in such Report.

 

Date: February 16, 2016 By: /s/ JEREMY WHITAKER
     

Name: Jeremy Whitaker

Title: Chief Financial Officer

(Principal Financial and Accounting Officer)

 

v3.3.1.900
Document and Entity Information - shares
6 Months Ended
Dec. 31, 2015
Jan. 31, 2016
Document And Entity Information    
Entity Registrant Name LANTRONIX INC  
Entity Central Index Key 0001114925  
Document Type 10-Q  
Document Period End Date Dec. 31, 2015  
Amendment Flag false  
Current Fiscal Year End Date --06-30  
Is Entity a Well-known Seasoned Issuer? No  
Is Entity a Voluntary Filer? No  
Is Entity's Reporting Status Current? Yes  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   15,225,206
Document Fiscal Period Focus Q2  
Document Fiscal Year Focus 2016  
v3.3.1.900
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 4,562 $ 4,989
Accounts receivable, net 2,343 2,658
Inventories, net 7,861 9,503
Contract manufacturers' receivable 482 369
Prepaid expenses and other current assets 615 400
Total current assets 15,863 17,919
Property and equipment, net 1,684 1,471
Goodwill 9,488 9,488
Other assets 56 93
Total assets 27,091 28,971
Current liabilities:    
Accounts payable 2,575 3,633
Line of Credit 700 700
Accrued payroll and related expenses 1,655 1,685
Warranty reserve 142 163
Other current liabilities 3,575 3,849
Total current liabilities 8,647 10,030
Non-current liabilities:    
Long-term capital lease obligations 150 152
Other non-current liabilities 310 80
Total liabilities $ 9,107 $ 10,262
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock $ 2 $ 2
Additional paid-in capital 206,860 206,326
Accumulated deficit (189,249) (187,990)
Accumulated other comprehensive income 371 371
Total stockholders' equity 17,984 18,709
Total liabilities and stockholders' equity $ 27,091 $ 28,971
v3.3.1.900
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]        
Net revenue (1) [1] $ 9,540 $ 10,735 $ 20,113 $ 22,271
Cost of revenue 4,951 5,565 10,457 11,502
Gross profit 4,589 5,170 9,656 10,769
Operating expenses:        
Selling, general and administrative 3,814 3,992 7,539 8,067
Research and development 1,716 1,782 3,387 3,526
Total operating expenses 5,530 5,774 10,926 11,593
Loss from operations (941) (604) (1,270) (824)
Interest expense, net (9) (3) (15) (8)
Other income (expense), net 28 1 47 (20)
Loss before income taxes (922) (606) (1,238) (852)
Provision for income taxes 6 26 21 42
Net loss and comprehensive loss $ (928) $ (632) $ (1,259) $ (894)
Net loss per share (basic and diluted) $ (0.06) $ (0.04) $ (0.08) $ (0.06)
Weighted-average common shares (basic and diluted) 15,160 14,874 15,131 14,831
Net revenue from related parties $ 45 $ 112 $ 113 $ 191
[1] Includes net revenue from related parties.
v3.3.1.900
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating activities    
Net loss $ (1,259) $ (894)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation 485 520
Depreciation 423 463
Provision for excess and obsolete inventories 79 52
Changes in operating assets and liabilities:    
Accounts receivable 315 997
Inventories 1,563 (944)
Contract manufacturers' receivable (113) (34)
Prepaid expenses and other current assets (215) (72)
Other assets 25 20
Accounts payable (1,352) (319)
Accrued payroll and related expenses (30) (169)
Warranty reserve (21) (39)
Other liabilities (290) (155)
Cash received related to tenant lease incentives 53 0
Net cash used in operating activities (337) (574)
Investing activities    
Purchases of property and equipment (103) (363)
Net cash used in investing activities (103) (363)
Financing activities    
Minimum tax withholding paid on behalf of employees for restricted shares (46) (53)
Proceeds from borrowing on line of credit 1,400 0
Payment on borrowings on line of credit (1,400) 0
Net proceeds from issuances of common stock 95 158
Payment of capital lease obligations (36) (25)
Net cash provided by financing activities 13 80
Decrease in cash and cash equivalents (427) (857)
Cash and cash equivalents at beginning of period 4,989 6,264
Cash and cash equivalents at end of period $ 4,562 $ 5,407
v3.3.1.900
1. Summary of Significant Accounting Policies
6 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

The Company

 

Lantronix, Inc. (the “Company,” “Lantronix,” “we,” “our,” or “us”) is a specialized networking company providing machine to machine (“M2M”) and Internet of Things (“IoT”) solutions. Our products deliver secure connectivity, device management and mobility for today's increasingly connected world. By networking and managing devices and machines that have never before been connected, we enable our customers to realize the possibilities of the IoT.

 

Basis of Presentation

 

The accompanying unaudited condensed consolidated financial statements of Lantronix have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Securities and Exchange Commission (“SEC”) Regulation S-X. Accordingly, they should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2015, included in our Annual Report on Form 10-K filed with the SEC on August 21, 2015. The unaudited condensed consolidated financial statements contain all normal recurring accruals and adjustments that in the opinion of management, are necessary to present fairly the consolidated financial position of Lantronix at December 31, 2015 and the consolidated results of our operations for the three and six months ended December 31, 2015 and our consolidated cash flows for the six months ended December 31, 2015. All intercompany accounts and transactions have been eliminated. It should be understood that accounting measurements at interim dates inherently involve greater reliance on estimates than at year-end. The results of operations for the three and six months ended December 31, 2015 are not necessarily indicative of the results to be expected for the full year or any future interim periods.

 

Reclassifications

 

Certain reclassifications have been made to the prior year financial information to conform to the current period presentation.

 

Recent Accounting Pronouncements 

 

In May 2014, the Financial Accounting Standards Board (“FASB”) issued an accounting standard which will supersede existing revenue recognition guidance under current U.S. GAAP. The new standard is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. In doing so, among other things, companies will generally need to use more judgment and make more estimates than under the current guidance. The standard permits the use of either a retrospective or cumulative effect transition method. In July 2015, FASB deferred the effective date of the standard by an additional year; however, it provided companies the option to adopt one year earlier, commensurate with the original effective date. Accordingly, the standard will be effective for Lantronix in the fiscal year beginning July 1, 2018, with an option to adopt the standard for the fiscal year beginning July 1, 2017. We are currently evaluating this standard and have not yet selected a transition method or the effective date on which we plan to adopt the standard, nor have we determined the effect of the standard on our financial statements and related disclosures.

 

In August 2014, FASB issued a new standard that will require management of an entity to assess, for each annual and interim period, if there is substantial doubt about the entity’s ability to continue as a going concern within one year of the financial statement issuance date. The definition of substantial doubt within the new standard incorporates a likelihood threshold of “probable” similar to the use of that term under current U.S. GAAP for loss contingencies. Certain disclosures will be required if conditions give rise to substantial doubt. The standard will be effective for Lantronix in the fiscal year beginning July 1, 2016. Early adoption is permitted. We are currently evaluating the impact of this standard on our financial statements and related disclosures.

 

In July 2015, FASB issued final guidance that simplifies the subsequent measurement of inventory for which cost is determined by methods other than last-in first-out (“LIFO”) and the retail inventory method. For inventory within the scope of the new guidance, entities will be required to compare the cost of inventory to only one measure, its net realizable value, and not the three measures required by the existing guidance. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The new guidance does not change how entities initially measure the cost of inventory. Lantronix adopted this guidance in the fiscal year beginning July 1, 2015. Such adoption did not have a material impact on our financial statements.

  

In November 2015, FASB issued final guidance simplifying the balance sheet classification of deferred taxes. The new guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. As a result, each jurisdiction will now only have one net noncurrent deferred tax asset or liability. The guidance does not change the existing requirement that only permits offsetting within a jurisdiction – that is, companies are still prohibited from offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. Lantronix has elected to adopt this guidance as of the fiscal quarter ended December 31, 2015. We have retrospectively applied this guidance to the accompanying unaudited condensed consolidated balance sheet as of June 30, 2015, which had the effect of increasing our working capital by $442,000 as compared to what was originally reported as of that date.

v3.3.1.900
2. Supplemental Financial Information
6 Months Ended
Dec. 31, 2015
Supplemental Financial Information Details - Computation Of Net Loss Per Share  
Supplemental Financial Information

Inventories

 

Inventories are stated at the lower of cost (first-in, first-out) or net realizable value and consist of the following:

 

   December 31,   June 30, 
   2015   2015 
   (In thousands) 
Finished goods  $4,650   $6,044 
Raw materials   2,005    2,122 
Finished goods held by distributors   1,206    1,337 
Inventories, net  $7,861   $9,503 

 

Other Liabilities

 

The following table presents details of our other liabilities:

 

   December 31,   June 30, 
   2015   2015 
 

(In thousands)

 
Current          
Customer deposits and refunds  $912   $854 
Accrued raw materials purchases   657    916 
Deferred revenue   484    690 
Capital lease obligations   65    62 
Deferred rent   52    40 
Taxes payable   249    247 
Accrued operating expenses   1,156    1,040 
Total other current liabilities  $3,575   $3,849 
           
Non-current          
Deferred revenue  $83   $80 
Deferred rent   227     
Total other non-current liabilities  $310   $80 

  

Computation of Net Loss per Share

 

Basic and diluted net loss per share is calculated by dividing net loss by the weighted average number of common shares outstanding during the applicable period.

 

The following table presents the computation of net loss per share:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands, except per share data) 
Numerator:                    
Net loss  $(928)  $(632)  $(1,259)  $(894)
Denominator:                    
Weighted-average common shares outstanding (basic and diluted)   15,160    14,874    15,131    14,831 
                     
Net loss per share (basic and diluted)  $(0.06)  $(0.04)  $(0.08)  $(0.06)

 

The following table presents the common stock equivalents excluded from the diluted net loss per share calculation, because they were anti-dilutive for the periods presented. These excluded common stock equivalents could be dilutive in the future.

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands) 
Common stock equivalents   3,857    1,672    3,774    1,632 

 

Facility Lease

 

The lease for our new corporate headquarters in Irvine, California, commenced in July 2015. The lease agreement provided for a tenant improvement allowance from the landlord of up to $243,000 for tenant improvements and other qualified expenses. In connection with this allowance, the landlord paid for approximately $190,000 in tenant improvements, and, in September 2015, reimbursed Lantronix for the remaining $53,000.

 

Separation Agreement with Former Chief Executive Officer

 

In December 2015, we entered into a separation and release agreement (the “Separation Agreement”) with Kurt F. Busch, our former President and Chief Executive Officer. The Separation Agreement provided for (i) release of all claims by Mr. Busch in favor of Lantronix; (ii) a cash payment to Mr. Busch of $271,000, which was paid in January 2016; and (iii) the acceleration of vesting of 50,000 restricted stock units, for which we recorded a net $52,000 share-based compensation charge. Both the $271,000 accrued obligation and the share-based compensation charge are included in selling, general and administrative expense in the accompanying unaudited condensed consolidated statements of operations for the three and six months ended December 31, 2015.

 

Supplemental Cash Flow Information

 

The following table presents non-cash investing and financing transactions excluded from the unaudited condensed consolidated statements of cash flows:

 

   Six Months Ended 
   December 31, 
   2015   2014 
   (In thousands) 
Accrued property and equipment paid for in the subsequent period  $294   $38 
Non-cash acquisition of property and equipment under capital leases  $37   $ 
Non-cash tenant improvements paid by landlord  $190   $ 

 

v3.3.1.900
3. Warranty Reserve
6 Months Ended
Dec. 31, 2015
Standard Product Warranty Disclosure [Abstract]  
Warranty Reserve

 

The warranty periods for our products generally range from one to five years. We establish reserves for estimated product warranty costs at the time revenue is recognized based upon our historical warranty experience, and additionally, for any known product warranty issues. Our warranty obligation is affected by product failure rates, use of materials or service delivery costs that differ from our estimates. As a result, increases or decreases to warranty reserves could be required, which could impact our gross margins.

 

The following table presents details of our warranty reserve:

 

   Six Months Ended   Year Ended 
   December 31,   June 30, 
   2015   2015 
   (In thousands) 
Beginning balance  $163   $150 
Charged to cost of revenues   15    112 
Usage   (36)   (99)
Ending balance  $142   $163 

 

v3.3.1.900
4. Bank Line of Credit
6 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Bank Line of Credit

On September 30, 2014, we entered into an amendment (the “Amendment”) to our existing Loan and Security Agreement dated May 23, 2006 (as amended, the “Loan Agreement”) with Silicon Valley Bank (“SVB”). The Amendment provides, among other things, for (i) a renewal of our $4.0 million revolving line of credit with an extended maturity date of September 30, 2016 and (ii) a modification of the revolving credit line borrowing base formula to include a portion of our foreign accounts receivable to the borrowing base and increase the borrowing limit related to domestic accounts receivable.

  

The Loan Agreement provides for an interest rate per annum equal to the greater of the prime rate plus 0.75% or 4.0%, provided that we maintain a monthly quick ratio of 1.0 to 1.0 or greater. The quick ratio measures our ability to use our cash and cash equivalents maintained at SVB to extinguish or retire our current liabilities immediately. If this ratio is not met, the interest rate will become the greater of the prime rate plus 1.25% or 4.0%. 

 

The Loan Agreement includes a covenant requiring us to maintain a certain Minimum Tangible Net Worth (“Minimum TNW”), which is currently required to be at least $6.0 million. This amount is subject to adjustment upward to the extent we raise additional equity or debt financing or achieve net income in future quarters. Our Actual Tangible Net Worth (“Actual TNW”) is calculated as total stockholders’ equity, less goodwill. If we continue to incur net losses, we may have difficulty satisfying the Minimum TNW financial covenant in the future, in which case we may be unable to borrow funds under the Loan Agreement and any amounts outstanding may need to be repaid immediately.

 

The following table sets forth the Minimum TNW compared to our Actual TNW:

 

   December 31, 
   2015 
   (In thousands) 
Minimum TNW  $6,000 
Actual TNW  $8,496 

 

The following table presents certain information with respect to the Loan Agreement with SVB:

 

  December 31,   June 30, 
   2015   2015 
  (In thousands) 
Outstanding borrowings on the line of credit  $700   $700 
Available borrowing capacity  $1,626   $1,736 
Outstanding letters of credit  $51   $110 

 

Our outstanding letters of credit were used as security deposits.

 

v3.3.1.900
5. Stockholders' Equity
6 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Stockholders' Equity

 

Share-Based Plans

 

Our stock incentive plans permit the granting of stock options (both incentive and nonqualified stock options), restricted stock units (“RSUs”), stock appreciation rights, non-vested stock, and performance shares to certain employees, directors and consultants. As of December 31, 2015, no stock appreciation rights, non-vested stock, or performance shares were outstanding.

 

Stock Option Awards

 

In December 2015, in accordance with his employment offer letter, our new Chief Executive Officer, Jeffrey Benck, was granted the following stock options pursuant to our Amended and Restated 2010 Stock Incentive Plan:

 

(a)an option to purchase 150,000 shares of Lantronix common stock that vest according to the following schedule: 25% of the options shall vest on September 1, 2017 and the remaining options shall vest ratably each month thereafter for a period of 36 months; and

 

(b)an option to purchase 150,000 shares of Lantronix common stock that vest according to the following schedule: 25% of the options shall vest on September 1, 2018 and the remaining options shall vest ratably each month thereafter for a period of 36 months.

 

The following table presents a summary of stock option activity under all of our stock option plans:

 

        Weighted 
        Average 
    Number of   Exercise Price 
    Shares   per Share 
    (In thousands)     
Balance of options outstanding at June 30, 2015    3,546   $2.19 
 Granted     924    1.26 
 Forfeited    (327)   1.76 
 Expired    (56)   2.51 
 Exercised         
Balance of options outstanding at December 31, 2015    4,087   $2.01 

 

Restricted Stock Units

 

The following table presents a summary of activity with respect to our RSUs:

 

        Weighted 
        Average 
        Grant - Date 
    Number of   Fair Value 
    Shares   per Share 
    (In thousands)     
Balance of RSUs outstanding at June 30, 2015    28   $1.98 
 Granted    70    1.28 
 Vested    (78)   1.58 
Balance of RSUs outstanding at December 31, 2015    20   $1.10 

 

Employee Stock Purchase Plan 

 

Our 2013 Employee Stock Purchase Plan (the “ESPP”) is intended to provide employees with an opportunity to purchase our common stock through accumulated payroll deductions. Each of our employees (including officers) is eligible to participate in the ESPP, subject to certain limitations as defined in the ESPP plan document.

 

The following table presents a summary of activity under our ESPP:

 

   Number of 
   Shares 
   (In thousands) 
Shares available for issuance at June 30, 2015   906 
Reserved for issuance    
Issued   (93)
Shares available for issuance at December 31, 2015   813 

 

In accordance with the terms of our ESPP, the purchase price of the 93,000 shares that were issued on November 13, 2015 was adjusted to $1.02 per share, which represents 85% of the closing market price of our common stock on that date.

 

Share-Based Compensation Expense

 

The following table presents a summary of share-based compensation expense included in each functional line item on our unaudited condensed consolidated statements of operations:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands)         
Cost of revenues  $20   $16   $38   $36 
Selling, general and administrative   182    195    353    369 
Research and development   50    54    94    115 
Total share-based compensation expense  $252   $265   $485   $520 

 

The following table summarizes the remaining unrecognized share-based compensation expense related to our outstanding share-based awards as of December 31, 2015:

 

   Remaining   Remaining 
   Unrecognized   Weighted 
   Compensation   Average Years 
   Cost   To Recognize 
   (In thousands)     
Stock options  $1,229    3.3 
Restricted stock units   19    0.9 
Stock purchase rights under ESPP   164    1.9 

 

If there are any modifications or cancellations of the underlying unvested share-based awards, we may be required to accelerate, increase or cancel remaining unearned share-based compensation expense. Future share-based compensation expense and unearned share-based compensation will increase to the extent that we grant additional share-based awards.

v3.3.1.900
6. Income Taxes
6 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Income Taxes

 

We utilize the liability method of accounting for income taxes. The following table presents our effective tax rates based upon the income tax provision for the periods shown:

 

   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
Effective tax rate   1%    4%    2%    5% 

 

The difference between our effective tax rates in the periods presented above and the federal statutory rate is primarily due to a tax benefit from our domestic losses being recorded with a full valuation allowance, as well as the effect of foreign earnings taxed at rates differing from the federal statutory rate.

 

We record net deferred tax assets to the extent that we believe these assets will more likely than not be realized. As a result of our cumulative losses and uncertainty of generating future taxable income, we have provided a full valuation allowance against our net deferred tax assets as of December 31, 2015 and June 30, 2015.

v3.3.1.900
7. Commitments and Contingencies
6 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

From time to time, we are subject to legal proceedings and claims in the ordinary course of business. We are not currently aware of any such legal proceedings or claims that are expected to have, individually or in the aggregate, a material adverse effect on our business, prospects, financial position, operating results or cash flows.

v3.3.1.900
8. Related Party Transactions
6 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
8. Related Party Transactions

In December 2015, we were informed that our largest stockholder and Lantronix director, Bernhard Bruscha, had sold his investment in Barix AG (“Barix”). Barix is an international customer of Lantronix, for which we have historically reported net revenues as a related party transaction. While we anticipate continuing to sell to Barix, such revenues in subsequent periods will no longer be classified as net revenue from related parties.  

v3.3.1.900
9. Subsequent Events
6 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
9. Subsequent Events

In February 2016, we initiated a strategic realignment plan to enable us to reallocate resources intended to optimize our sales and product development efforts. We expect the realignment activities to result in total pre-tax charges ranging from approximately $200,000 to $300,000, consisting of severance, lease termination and other associated costs. These activities, and the related charges, are expected to be substantially completed and incurred, respectively, during the fiscal quarter ending March 31, 2016.

v3.3.1.900
1. Summary of Significant Accounting Policies (Policies)
6 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
The Company

The Company

 

Lantronix, Inc. (the “Company,” “Lantronix,” “we,” “our,” or “us”) is a specialized networking company providing machine to machine (“M2M”) and Internet of Things (“IoT”) solutions. Our products deliver secure connectivity, device management and mobility for today's increasingly connected world. By networking and managing devices and machines that have never before been connected, we enable our customers to realize the possibilities of the IoT.

Basis of Presentation

Basis of Presentation

 

The accompanying unaudited condensed consolidated financial statements of Lantronix have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Securities and Exchange Commission (“SEC”) Regulation S-X. Accordingly, they should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2015, included in our Annual Report on Form 10-K filed with the SEC on August 21, 2015. The unaudited condensed consolidated financial statements contain all normal recurring accruals and adjustments that in the opinion of management, are necessary to present fairly the consolidated financial position of Lantronix at December 31, 2015 and the consolidated results of our operations for the three and six months ended December 31, 2015 and our consolidated cash flows for the six months ended December 31, 2015. All intercompany accounts and transactions have been eliminated. It should be understood that accounting measurements at interim dates inherently involve greater reliance on estimates than at year-end. The results of operations for the three and six months ended December 31, 2015 are not necessarily indicative of the results to be expected for the full year or any future interim periods.

Reclassifications

Reclassifications

 

Certain reclassifications have been made to the prior year financial information to conform to the current period presentation.

Recent Accounting Pronouncements

Recent Accounting Pronouncements 

 

In May 2014, the Financial Accounting Standards Board (“FASB”) issued an accounting standard which will supersede existing revenue recognition guidance under current U.S. GAAP. The new standard is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. In doing so, among other things, companies will generally need to use more judgment and make more estimates than under the current guidance. The standard permits the use of either a retrospective or cumulative effect transition method. In July 2015, FASB deferred the effective date of the standard by an additional year; however, it provided companies the option to adopt one year earlier, commensurate with the original effective date. Accordingly, the standard will be effective for Lantronix in the fiscal year beginning July 1, 2018, with an option to adopt the standard for the fiscal year beginning July 1, 2017. We are currently evaluating this standard and have not yet selected a transition method or the effective date on which we plan to adopt the standard, nor have we determined the effect of the standard on our financial statements and related disclosures.

 

In August 2014, FASB issued a new standard that will require management of an entity to assess, for each annual and interim period, if there is substantial doubt about the entity’s ability to continue as a going concern within one year of the financial statement issuance date. The definition of substantial doubt within the new standard incorporates a likelihood threshold of “probable” similar to the use of that term under current U.S. GAAP for loss contingencies. Certain disclosures will be required if conditions give rise to substantial doubt. The standard will be effective for Lantronix in the fiscal year beginning July 1, 2016. Early adoption is permitted. We are currently evaluating the impact of this standard on our financial statements and related disclosures.

 

In July 2015, FASB issued final guidance that simplifies the subsequent measurement of inventory for which cost is determined by methods other than last-in first-out (“LIFO”) and the retail inventory method. For inventory within the scope of the new guidance, entities will be required to compare the cost of inventory to only one measure, its net realizable value, and not the three measures required by the existing guidance. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The new guidance does not change how entities initially measure the cost of inventory. Lantronix adopted this guidance in the fiscal year beginning July 1, 2015. Such adoption did not have a material impact on our financial statements.

 

In November 2015, FASB issued final guidance simplifying the balance sheet classification of deferred taxes. The new guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. As a result, each jurisdiction will now only have one net noncurrent deferred tax asset or liability. The guidance does not change the existing requirement that only permits offsetting within a jurisdiction – that is, companies are still prohibited from offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. Lantronix has elected to adopt this guidance as of the fiscal quarter ended December 31, 2015. We have retrospectively applied this guidance to the accompanying unaudited condensed consolidated balance sheet as of June 30, 2015, which had the effect of increasing our working capital by $442,000 as compared to what was originally reported as of that date.

v3.3.1.900
2. Supplemental Financial Information (Tables)
6 Months Ended
Dec. 31, 2015
Supplemental Financial Information Details - Computation Of Net Loss Per Share  
Schedule of Inventory
   December 31,   June 30, 
   2015   2015 
   (In thousands) 
Finished goods  $4,650   $6,044 
Raw materials   2,005    2,122 
Finished goods held by distributors   1,206    1,337 
Inventories, net  $7,861   $9,503 
Schedule of Other Liabilities
   December 31,   June 30, 
   2015   2015 
 

(In thousands)

 
Current          
Customer deposits and refunds  $912   $854 
Accrued raw materials purchases   657    916 
Deferred revenue   484    690 
Capital lease obligations   65    62 
Deferred rent   52    40 
Taxes payable   249    247 
Accrued operating expenses   1,156    1,040 
Total other current liabilities  $3,575   $3,849 
           
Non-current          
Deferred revenue  $83   $80 
Deferred rent   227     
Total other non-current liabilities  $310   $80 
Schedule of Computation of Net Loss per Share
   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands, except per share data) 
Numerator:                    
Net loss  $(928)  $(632)  $(1,259)  $(894)
Denominator:                    
Weighted-average common shares outstanding (basic and diluted)   15,160    14,874    15,131    14,831 
                     
Net loss per share (basic and diluted)  $(0.06)  $(0.04)  $(0.08)  $(0.06)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands) 
Common stock equivalents   3,857    1,672    3,774    1,632 
Schedule of non-cash investing and financing transactions
   Six Months Ended 
   December 31, 
   2015   2014 
   (In thousands) 
Accrued property and equipment paid for in the subsequent period  $294   $38 
Non-cash acquisition of property and equipment under capital leases  $37   $ 
Non-cash tenant improvements paid by landlord  $190   $
v3.3.1.900
3. Warranty Reserve (Tables)
6 Months Ended
Dec. 31, 2015
Standard Product Warranty Disclosure [Abstract]  
Warranty reserve
   Six Months Ended   Year Ended 
   December 31,   June 30, 
   2015   2015 
   (In thousands) 
Beginning balance  $163   $150 
Charged to cost of revenues   15    112 
Usage   (36)   (99)
Ending balance  $142   $163 
v3.3.1.900
4. Bank Line of Credit and Debt (Tables)
6 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Minimum Tangible Net Worth
   December 31, 
   2015 
   (In thousands) 
Minimum TNW  $6,000 
Actual TNW  $8,496 
Outstanding balances of loans
  December 31,   June 30, 
   2015   2015 
  (In thousands) 
Outstanding borrowings on the line of credit  $700   $700 
Available borrowing capacity  $1,626   $1,736 
Outstanding letters of credit  $51   $110 
v3.3.1.900
5. Stockholders Equity (Tables)
6 Months Ended
Dec. 31, 2015
Summary of stock option activity
        Weighted 
        Average 
    Number of   Exercise Price 
    Shares   per Share 
    (In thousands)     
Balance of options outstanding at June 30, 2015    3,546   $2.19 
 Granted     924    1.26 
 Forfeited    (327)   1.76 
 Expired    (56)   2.51 
 Exercised         
Balance of options outstanding at December 31, 2015    4,087   $2.01 
Schedule of share-based compensation expense
   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
   (In thousands)         
Cost of revenues  $20   $16   $38   $36 
Selling, general and administrative   182    195    353    369 
Research and development   50    54    94    115 
Total share-based compensation expense  $252   $265   $485   $520 
Schedule of unrecognized compensation costs
   Remaining   Remaining 
   Unrecognized   Weighted 
   Compensation   Average Years 
   Cost   To Recognize 
   (In thousands)     
Stock options  $1,229    3.3 
Restricted stock units   19    0.9 
Stock purchase rights under ESPP   164    1.9 
Restricted Stock Units (RSUs) [Member]  
Summary of other than options activity
        Weighted 
        Average 
        Grant - Date 
    Number of   Fair Value 
    Shares   per Share 
    (In thousands)     
Balance of RSUs outstanding at June 30, 2015    28   $1.98 
 Granted    70    1.28 
 Vested    (78)   1.58 
Balance of RSUs outstanding at December 31, 2015    20   $1.10 
ESPP [Member]  
Summary of other than options activity
   Number of 
   Shares 
   (In thousands) 
Shares available for issuance at June 30, 2015   906 
Reserved for issuance    
Issued   (93)
Shares available for issuance at December 31, 2015   813 
v3.3.1.900
6. Income Taxes (Tables)
6 Months Ended
Dec. 31, 2015
Income Taxes Tables  
Effective tax rate
   Three Months Ended   Six Months Ended 
   December 31,   December 31, 
   2015   2014   2015   2014 
Effective tax rate   1%    4%    2%    5% 
v3.3.1.900
2. Supplemental Financial Information (Details - Inventories) - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Supplemental Financial Information Details - Computation Of Net Loss Per Share    
Finished goods $ 4,650 $ 6,044
Raw materials 2,005 2,122
Finished goods held by distributors 1,206 1,337
Inventories, net $ 7,861 $ 9,503
v3.3.1.900
2. Supplemental Financial Information (Details - Other liabilities) - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current    
Customer deposits and refunds $ 912 $ 854
Accrued raw materials purchases 657 916
Deferred revenue 484 690
Capital lease obligations 65 62
Deferred rent 52 40
Taxes payable 249 247
Accrued operating expenses 1,156 1,040
Total other current liabilities 3,575 3,849
Non-current    
Deferred revenue 83 80
Deferred rent 227 0
Total other non-current liabilities $ 310 $ 80
v3.3.1.900
2. Supplemental Financial Information (Details - Computation of Net Loss per Share) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Numerator:        
Net loss $ (928) $ (632) $ (1,259) $ (894)
Denominator:        
Weighted-average shares outstanding (basic and diluted) 15,160 14,874 15,131 14,831
Net loss per share (basic and diluted) $ (0.06) $ (0.04) $ (0.08) $ (0.06)
v3.3.1.900
2. Supplemental Financial Information (Details - Common Stock Equivalents) - shares
shares in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Supplemental Financial Information Details - Computation Of Net Loss Per Share        
Common stock equivalents 3,857 1,672 3,774 1,632
v3.3.1.900
2. Supplemental Financial Information (Details - Supplemental Cash Flow Information) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Supplemental Cash Flow Information [Abstract]    
Accrued property and equipment paid for in the subsequent period $ 294 $ 38
Non-cash acquisition of property and equipment under capital leases 37 0
Non-cash tenant improvements paid by landlord $ 190 $ 0
v3.3.1.900
2. Supplemental Cash Flow Information (Details Narrative)
$ in Thousands
6 Months Ended
Dec. 31, 2015
USD ($)
shares
Tenant Improvement Allowance $ 243
Kurt Busch [Member]  
Separation and release payment $ 271
RSU's vested | shares 50,000
Share-based compensation for RSU's $ 52
v3.3.1.900
3. Warranty Reserve (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2015
Jun. 30, 2015
Standard Product Warranty Disclosure [Abstract]    
Beginning balance $ 163 $ 150
Charged to cost of revenues 15 112
Usage (36) (99)
Ending balance $ 142 $ 163
v3.3.1.900
4. Bank Line of Credit and Debt (Details - TNW)
$ in Thousands
Dec. 31, 2015
USD ($)
Line of Credit Facility [Abstract]  
Minimum TNW $ 6,000
Actual TNW $ 8,496
v3.3.1.900
4. Bank Line of Credit (Details - Available Borrowing Capacity) - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Line of Credit Facility [Abstract]    
Outstanding borrowings on the line of credit $ 700 $ 700
Available borrowing capacity 1,626 1,736
Outstanding letters of credit $ 51 $ 110
v3.3.1.900
4. Bank Line of Credit and Debt (Details Narrative)
$ in Thousands
6 Months Ended
Dec. 31, 2015
USD ($)
Line of Credit Facility [Abstract]  
Revolving Line description On September 30, 2014, we entered into an amendment (the “Amendment”) to our existing Loan and Security Agreement dated May 23, 2006 (as amended, the “Loan Agreement”) with Silicon Valley Bank (“SVB”). The Amendment provides, among other things, for (i) a renewal of our $4.0 million revolving line of credit with an extended maturity date of September 30, 2016 and (ii) a modification of the revolving credit line borrowing base formula to include a portion of our foreign accounts receivable to the borrowing base and increase the borrowing limit related to domestic accounts receivable.
Maximum borrowing amount $ 4,000
Maturity date Sep. 30, 2016
Interest rate description The Loan Agreement provides for an interest rate per annum equal to the greater of the prime rate plus 0.75% or 4.0%, provided that we maintain a monthly quick ratio of 1.0 to 1.0 or greater. If this ratio is not met, the interest rate will become the greater of the prime rate plus 1.25% or 4.0%.
v3.3.1.900
5. Stockholders' Equity (Details - Stock Option Awards) - Options
shares in Thousands
6 Months Ended
Dec. 31, 2015
$ / shares
shares
Number of shares (in thousands)  
Number of Shares Options Outstanding, Beginning | shares 3,546
Number of Shares Options Granted | shares 924
Number of Shares Options Forfeited | shares (327)
Number of Shares Options Expired | shares (56)
Number of Shares Options Exercised | shares 0
Number of Shares Options Outstanding, Ending | shares 4,087
Weighted Average Exercise Price per share  
Exercise Price Outstanding, Beginning | $ / shares $ 2.19
Exercise Price Granted | $ / shares 1.26
Exercise Price Forfeited | $ / shares 1.76
Exercise Price Expired | $ / shares $ 2.51
Exercise Price Exercised | $ / shares
Exercise Price Outstanding, Ending | $ / shares $ 2.01
v3.3.1.900
5. Stockholders' Equity (Details - RSUs) - Restricted Stock Units (RSUs) [Member]
shares in Thousands
6 Months Ended
Dec. 31, 2015
$ / shares
shares
Number of shares (in thousands)  
Beginning balance RSU's | shares 28
Granted | shares 70
Vested | shares (78)
Ending balance RSU's | shares 20
Weighted Average Grant Date Fair Value Per Share Abstract  
RSU Shares Weighted-Average Grant-Date Fair Value per Share, beginning | $ / shares $ 1.98
RSU Shares Granted, Weighted-Average Grant-Date Fair Value per Share | $ / shares 1.28
RSU Shares Vested, Weighted-Average Grant-Date Fair Value per Share | $ / shares 1.58
RSU Shares Weighted-Average Grant-Date Fair Value per Share, ending | $ / shares $ 1.10
v3.3.1.900
5. Stockholders' Equity (Details - Employee Stock Purchase Plan) - ESPP [Member]
shares in Thousands
6 Months Ended
Dec. 31, 2015
shares
Shares available for issuance at beginning of period 906
Shares reserved for issuance 0
Shares issued (93)
Shares available for issuance at end of period 813
v3.3.1.900
5. Stockholders' Equity (Details - Share-Based Compensation Expense) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Total share-based compensation $ 252 $ 265 $ 485 $ 520
Cost of revenues        
Total share-based compensation 20 16 38 36
Selling, general and administrative        
Total share-based compensation 182 195 353 369
Research and development        
Total share-based compensation $ 50 $ 54 $ 94 $ 115
v3.3.1.900
5. Stockholders' Equity (Details - Unrecognized compensation expense)
$ in Thousands
6 Months Ended
Dec. 31, 2015
USD ($)
Options  
Unrecognized compensation cost $ 1,229
Remaining weighted average years to recognize 3 years 3 months 18 days
Restricted Stock Units (RSUs) [Member]  
Unrecognized compensation cost $ 19
Remaining weighted average years to recognize 10 months 24 days
ESPP [Member]  
Unrecognized compensation cost $ 164
Remaining weighted average years to recognize 1 year 10 months 24 days
v3.3.1.900
5. Stockholders' Equity (Details Narrative)
shares in Thousands
6 Months Ended
Dec. 31, 2015
shares
Chief Executive Officer [Member] | September 1, 2017  
Stock options granted 150
Vesting initial date Sep. 01, 2017
Chief Executive Officer [Member] | September 1, 2018  
Stock options granted 150
Vesting initial date Sep. 01, 2018
Options  
Stock options granted 924
v3.3.1.900
6. Income Taxes (Details)
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Income Taxes Details        
Effective tax rate 1.00% 4.00% 2.00% 5.00%
begin 644 Financial_Report.xlsx
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MG89FV^F7%>G^E\^R]1(7NAD[N51;!HNCC2F=::W?]W= [T;/N=$1(')1#@.0H0'*<@N0X \EQ#I+C B3')4B.*Y QW8OG*\M"_V/Z'D4X$G1H>)%]2-F Q+M*;V"^GH A3&^.R6:E((C
M-Z."N[_8_ )02P,$%     @ 5(102 QUTFF. 0  J18  !H   !X;"]?&?/ODKC;671NJN@^S]^;:ANWP
M?Y]5,?9;8T)1N<:&AZYW[;!Z[GQCX_#I2]/;XF)+9SC/E\9/YV2'W<_9L^-I
MG_GCB;+9B_6EB_OLK?.74#D7@QE?]#!L,"S?>O>?[;OSN2[<8U>\-JZ-?U28
MKPTRDP[B=!!#@B0=))"@>3IH#@E:I(,6D*!E.F@)"5JE@U:0H'4Z: T)VJ2#
M-I @RA49C-&;%;T9HSC-&;U;T9HS>
MK.C-&+U9T9LQ>K.B-V/T%D5OP>@MBMZ"T5L4O05T5Z)=EF#T%D5OP>@MBMZ"
MT5L4O06CMTST#I7U[O0UCTL@=#2%=%('5!MTJ:A0=MGXUR(
M16*GML-@OW[GI+#06E')PWBZG+_OSG??7<)8Z-YHKF0!RG#09)=G0H_0>>NE
MQA2C(- LA9QJ'R$"3Q.I
M-+99[HHBXXP:+D7T@S,EM4P,F>T89./@-:!B8.0%L%)QLX]Z-:;IJC +1C.8
M8*XHH9F&&O7/66$F,B^HV ?UTW65$-UKSUME1Q*HQ'-/^#CZ%7IZV]E9T5VJCH
M2:J-3@&,'@='9V4VL4V;7T:#885 ZQ09'"N+7MIV4K?U++G)0/],YE29_]2*
MJJ9#(P9#KU'](02A(B8S87 !,^C N71R^CY9E'E.U9[(A"SX6G#L%&I#[AB3I9,36@ZN+-A&T(S</&";W":QC)-JG,
M8ER=#V3V7*(<3NS0Q[LQF0-9TAUH)^;:QV[E.3>V+%T)C-TS.(V U;FO^]G'
M:C)J>V[GY4A%TNZ
MPJ7[>(9$5;^FL'J75B]2M>=YI5D[N+7RL->!T^_ "3MPW+O0J$.>FW->"8=$YW,&[BEHY[BGH)WCGH)VCGL*
MVCGN=\";57--P)MO]:LO&ULS9--3\,P#(;_"NJ]2[NB'JJN!T"<
MF(3$$(A;2+PMK/E0XJGKOR?SNI:ORV[OAT5L''A6$JX-N
M3:B$6R1;1%.%H_X*48\6[O6X))P: %#08#RVORX8G.
M)E4F(#<"HBJH"GL'B^3<^:6XO5O=)\T\R\LTFZ=YN#!B%=
MMAWTG?4R-'2_INCX&PO=&AE;64O=&AE;64Q+GAM;.U:6W/:.!1^[Z_0>&?V
M;0O&-H&VM!-S:7;;M)F$[4X?A1%8C6QY9)&$?[]'-A#+E@WMDDVZFSP$+.G[
MSD5'Y^@X>?/N+F+HAHB4\GA@V2_;UKNW+][@5S(D$4$P&:>O\, *I4Q>M5II
M ,,X?+&A T%11
M6F]?(+3E'S/X%/F7/Z3H=,H%N,!M8('_.
M;Z?D3EJ(X53"Q,!J9S]6:\?1TDB @LE]E 6Z2?:CTQ4(,@T[.IU8SG9\]L3M
MGXS*VG0T;1K@X_%X.+;+THMP' 3@4;N>PIWT;+^D00FTHVG09-CVVJZ1IJJ-
M4T_3]WW?ZYMHG J-6T_3:W?=TXZ)QJW0> V^\4^'PZZ)QJO0=.MI)B?]KFND
MZ19H0D;CZWH2%;7E0-,@ %AP=M;,[email protected]=90:V1V[W4%<\%CN.8D1_L;%
M!-9ITAF6-$9RG9 %#@ WQ-%,4'RO0;:*X,*2TER0UL\IM5 :")K(@?5'@B'%
MW*_]]9>[R:0S>IU].LYKE']IJP&G[;N;SY/\<^CDGZ>3UTU"SG"\+ GQ^R-;
M88C'(CN]WV6'WV
M3T=N(]>IP+,BUY1&)$6?R"VZY!$XM4D-,A,_")V&F&I0' *D"3&6H8;XM,:L
M$> 3?;>^",C?C8CWJV^:/5>A6$G:A/@01AKBG'/F<]%L^P>E1M'V5;SCFED)O816:I^JAS0^J!XR"@7QN1X^Y7IX"C>6
MQKQ0KH)[ ?_1VC?"J_B"P#E_+GW/I>^Y]#VATK\>WZV22$KYI9+2,6D$N!LT$DN/R+
MRO JQ GH9%LE"0AMNZ5/U2I77Y:^Y*+@\6^3IKZ%T/BS/^3Q?
MY[3-"S-#MW)+ZK:4OK4F.$KTL@'37[]EUVY".E,%.7
M0[@:0KX#;;J=W#HXGIB1N0K34I!OP_GIQ7@:XCG9!+E]F%=MY]C1T?OGP5&P
MH^\\EAW'B/*B(>ZAAIC/PT.'>7M?F&>5QE T%&ULK"0L1K=@N-?Q+!3@9& M
MH >#KU$"\E)58#%;Q@,KD*)\3(Q%Z'#GEUQ?X]&2X]NF9;5NKREW&6TB4CG"
M:9@39ZO*WF6QP54=SU5;\K"^:CVT%4[/_EFMR)\,$4X6"Q)(8Y07IDJB\QE3
MON>;G*YZ(G;ZEW?!8/+]<,E'#^4[YU_T74.N?O;=X_INDSM(3)QY
MQ1$!=$4"(Y4U#VT%SU&\Z.9X!ZSAW.;>KC"
M1:S_6-8>^3+?.7#;.MX#7N83+$.D?L%]BHJ $:MBOKJO3_DEG#NT>_&!()O\
MUMND]MW@#'S4JUJE9"L1/TL'?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8\PRA
M9CC?AT6:&C/5BZPYC0IO0=5 Y3_;U UH]@TT')$%7C&9MC:CY$X*/-S^[PVP
MPL2.X>V+OP%02P,$%     @ 5(102"L5U!$NEJD^>5Z
MB@IS?9(+R9#26UEX=24QRFH3Q*BW\OVUQQ#A, YYPS9,U2 5#5<17 T0'N(7]N 2 L?Q)8M@L+Z&WNFD2_\XKSX[
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M9P6ED.1)^YN+D&H 2PAV6"J23I%?$E5;W*K^!GMM?DSA2TO^FYK>OFNC>%
M_W5[_FORZ;.Q?T-XH.>$1W'?L 3+C9W-?R[LZN.Y*C/OGK.5MCY7:5"U'[email protected]?<$8:=F,5C%]=\6]02P,$%     @ 
M5(102*!>W#N6 P  I@P   \   !X;"]W;W)K8F]O:RYX;6R5EMM2VS 00']%
MXY>V+TDD)P$RA)ER:YFAEREI^ZS8&Z)!EHPD<^G7=^60LL&J!YXBV=;Q:G6\
MV4,_N[?N9FGM#7NHM/$S-\_6(=2SX= 7:ZBD']@:#-Y;65?)@%-W/;2KE2K@
MU!9-!28,Q6@T'3K0,BAK_%K5/GNB^=?0?.U EGX-$"J]@552F>SHT,]62L,O
M^.
M%;:$#6RQ5O[WTXV,E;"2C0X+#';[WGG&Q5B(Z881'_NEX-Y38+S 9!'4'2SD
MJKPEFMVU7Q1KL(W^#_7<$8@RIV'@QR^2.>Q#R;CA!XI[Q:*JW"XSQK
MQQKB3H8OMM*F_WG$3)N<[1$S:4IV9@)2V(79'!ZF)L: #U^4[8O=3.' 791\
MDRH*^FEDTQX..[&F!.,W(V^U*C$_!"0(2+P5E!-03D#Y6T%C AH3T+@+X@-V
MU525=(_,KMB5NC8*OPZ)2?M8%+8AH D!3;H@$4%UK2%F7&IVKHPTA<)1FW("
MFA+0M O*!^RW= Y#>&0_P(.[HPG>(XOWNHO' W8LS0V[5 ;BADX<8)K(^GVR
M?K^[?H*["+:X65M=X@?TCIW=-J@- 1P0P$$7,!W@?@M; 5O(!_#4L1&5;-1=
MNC? (ZPJ%6(&?2LM'FG #P\PD30)?,?7A+#[ TP=5C2TXKMTF,@%YM/';QP=
MH2#J*T\(>Q!/=>GAMHG?T=E=C(RNIYKRA*>]>G'J*:>B\H2IO8+Q"45157G"
MU81B[#U6)@W^ ^504WE"U;1M[O$M&117F"8=?*)AD
M4(MY0N/>9(L1K7A4:Y'0NA_%*8IJ+1):]Z,$1>T4XH38_2A:B05U7"0<[T=1
MQP5U7+S"\1/IU^P15')Q:NK\[^P
M*(I*+A*2]T=U0%'4=9%P_3\U?QL6_5.FKN<)UWM1.74]IZ[G"=?[4=3UG+J>
M)USO1^UT'3MM1\+U?A1U/:>NYPG7^U&TGN?4]3SA>J?B)3S/J>?Y]*F+?&X<
ML7=&EQ289^^%&ZQ.\]LU<6MFV
MDAORMKL^^@M02P,$%     @ 5(102/F,\?MK @  P @  !@   !X;"]W;W)K
M]%>
M.XD3T!I,;2=LW[ZVQ[#)RDNX"6#.F6\&/!F*GHLW65&J@O>&M7(=5DIUSU$D
M#Q5MB'SB'6WUG1,7#5'Z4IPCV0E*CM;4L C'<1XUI&[#LK!K+Z(L^$6QNJ4O
M(I"7IB'BWY8RWJ]#% X+K_6Y4F8A*HMH]!WKAK:RYFT@Z&D=;M#S#N5&8A6_
M:]K+F_/ )+_G_,U<_#RNP]CD0!D]*!."Z,.5[BAC)I(F_W5!/YC&>'L^1/]N
MR]7I[XFD.\[^U$=5Z6SC,#C2$[DP]^SA3HJZ&*F?DXTI[),JBVL9%]'5A+E38*O8@@*-BDC']@)PZ+-C:\=? W:@
M2!X#DGL +&X2:T\?V]-[>PKVU-HS7WZ@V((B?PS(O(#,VA?W@-8J<@"  B&4
MKG#V&)-[,;D-LIRH Q2KQX"%%[" ++U;Q1&<9,9>67H12_![-XM#.,F,W;+R
M(E;@3R<03C+C3:#8R[#+.D(^ 1DTBQD4Y*>XQIQZY8-F#@7[*="=:#5%<3T>
MSZ D?@HT,493%*?!,RC^5D?0R3CYNA=W3H,RC#,I# [\TBJ8%^/J.*PWV Z<#WE9
M=.1,?Q%QKEL9[+G28\M.EQ/GBNH$XB==;J4_)\8+1D_*G"[,*=\/W
MPOC14OX'4$L#!!0    ( %2$4$AR*[![S0,  #(2   8    >&PO=V]R:W-H
M965T&ULC9A-DYLX$(;_"L5] Y*0$%,>5\6D4KN'K4KEL'MF
MQO*8"A\.,./LOU^@&\>>:=JZV("?;KUJT$O+FW/;_>B/S@W!K[IJ^L?P. RG
MARCJGX^N+OI/[UY\=0A,N%[^7+<9@N1-M-=(G;E[5K^K)M@LX=
M'L//XB%7,S(3_Y3NW%\=!Y/XI[;],9W\M7\,XTF#J]SS,*4HQJ\WE[NJFC*-
M(__$I+_'G *OCY?L7^?ICO*?BM[E;?5ON1^.H]HX#/;N4+Q6P_?V_*?#.>@I
MX7-;]?-G\/S:#VV]A(1!7?R"[[*9O\_P2ZHPC Z0&" O 2)A Q0&J'0Z
ME".460\E":DD 26"&L2 $D"D2M0ZE"-DM$=--:E$@Q)RNJ@$D-0:1FX.4*9C
M=5^)(9484,),=P=(8AFU.:8Q'O'C&:JER.3>:P>(6DEX(XJXY2@@Z9QQJWE!;.9UWUZ
M9[9HU@)=TN/Y%[1)"G"WA'-)9*1.N;6(E#+*I[ZT40IPN(1S2F32F'S%+&(^
M0NM::*L4:(2<5R(CC&8KLU!6>ZBA#5.@U7&.B8S@RI6$KR.GC%VELAD(B;O
M,[:62(E8&I_*T,8IP>[T.^.\9G8+0_;K"8KYP*PKT?03!UZG/1:TI*U.@D%I
MTER6TAIJZW%;U_?(N@[:Y"1X$V>F.V1D;*QA'[@+IZ3Q4$1;G;1WVXH=,G\(
MFTENH>2_P33+?!8";7@2;$ISS1DR*N5:$ ):W^S1C:("M].<5R$S]L9LV[I@
M=FR[email protected]:T^-SK>C45EXW/<#K\R/E;M:CFW?F]6R/G?%L=+?&Z<]
MEV7>_/NNB_KRYC+7-/PX[@_=T."MEMYDMSV6NFJ/=>4T>O?F?F.+C(_(2/Q]
MU)?VR[4S=/ZCKG\.-W]NWUQ_Z(,N]*8;7.3]WZ=.=%$,GOK(O]#I->9@^/7:
M>,]&N7WW/_)6)W7QSW';'?K>^JZSU;O\7'0_ZLL?&C6HP>&F+MKQU]F#!8XU"O\RY?+9OZXK2G?$A MNCQ9G#2>W;Z\6W[J1M]-N/DK9:?
MJ\!?>I^#GQN$CTB""'N,I(!<":^/;^T$=VT1^&C.'P=8 Q$02/K42?8_)P^[
M*6Z[*6"L!-B+Y_;RUEZ"O01[:>LB(.^(J%ND&I$0!@N06$G_,;0&B/FA(%RE
M0'&?,?&8RI#B/)PQP&"GSBI4D-Q;@@!B@S6*1FU#QF+^4,"F=(
MU7)DJ*40$6HI2 U#3&B&C)PCR%[%&13-T)H2N.="II\KZ_#BILM0@;#.*&ZZ
M#,6XLKZ?N.LR6!3/62M"NS0HYJ&UTQ%* ^;%?[5G6(3:KICU-8U0W!4C@F;6
MH(_5V7<:#*L_M=5 ABEV?\2YS4;$9$27L,F;('-R\B9F[)B9?<_!8MRV4&D9
MX_:22DK<=# R)PU$G0,,%,\YYTU[C@KDC VTB;V4]'WM
MG\ GDVN75LM3OM=_Y&PO=V]R:W-H965T&ULE9A-DYLX$(;_"L7= 4F(CRD/
M56.VMG8/J4KEL'MF;-FF L@+>)S]]P&Z\7RDTRB7,6B>;KTMB5>@[#>
M#QV@,$"]!D1SI:!LKNN/34G&S-Y83#^.TYRSFT=XB@_J?0_0^*2@!K4>
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M;=;$),YB:*>3*8KAK ZAC-LWM[;0?XW+^WWD]SGN1T(O&A?2<>"CB3>4V3;R_ER7PNNU/5]MZS'0;;S,<2
M1VL',PH+/VG?.YOR<+^IS7&8+I/QNH.3&;@9[&4Y:+J?=N4_ %!+ P04    
M" !4A%!(]N6^9Z4!  "Q P  &    'AL+W=O+F"@?HW9\&M>+6I;IE9M# 
MZT!2DF5)I=M][A$!\"I@,B@7NEB/<
M@Y1>R#5^GS6_6GKB:;RH/X9IG?L#-W"/\I^H;>?,)I34T/!1VA>X=H+
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M  !X;"]W;W)KUN1)":
MKJKNPTI5'W:?'1C JLU0VX3V[^L+T&05J2]X9CCGS!E?B@GUJ^D +'E7LC=[
MVED[[!@S50>*FQL-3&C4EQ_'$#BM*)MP 2*NL5N%M.\ !2>B'7^&W6_&KIB>?QHOX8IG7N
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M!!0    ( %2$4$AK8]^/I@$  +$#   8    >&PO=V]R:W-H965T&ULA5/;;J,P$/T5RQ]0 Z%M&A&DIJO5[L-*51_:9P<&L&HSK&U"]^_K
M"]!D%:DO>&8XY\P97XH)];OI "SY4+(W>]I9.^P8,U4'BIL;'*!W?QK4BEN7
MZI:900.O TE)EB7)'5-<]+0L0NU9EP6.5HH>GC4QHU)<_SN Q&E/4[H47D3;
M65]@9<%67BT4]$9@3S0T>_J8[@ZY1P3 JX#)G,7$>S\BOOOD=[VGB;< $BKK
M%;A;3O $4GHAU_COK/G5TA//XT7]9YC6N3]R T\HWT1M.VRX0 :1 NN?7)S2TGG
MWL^:2&BL#^]=K..5BHG%87D@ZRLM/P%02P,$%     @ 5(102&-W7&JE 0  
ML0,  !@   !X;"]W;W)KQ-W5S.PL'^6$]M7U
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MC_Z[:X%=%MC- OS6B!ES7##;#TW8Q9YJL%VZ.H[4.!J?MW2MKK?SD:8=7
MY2 Z^"%L)XTC)_3A9-,!M(@>0OOB[IZ2/KR?-5'0^A@^A-CF*Y43C\/R0-97
M6OT%4$L#!!0    ( %2$4$@.;@2YI0$  +$#   8    >&PO=V]R:W-H965T
M&ULA5/+;MLP$/P5@A\0RK*<%(8L($X1M(<"00[MF996$A&2
MJY"4E?Y]^9 4NS"0B[B[FIF=Y:.N6'/F*U[4-S>X0#:
M_VG1*.Y\:CIF!P.\B20E69YE]TQQH6E5QMJ+J4H4?T3C>F\VHZ2!
MEH_2O>+T ^81=D&P1FGCE]2C=:@6"B6*?Z15Z+A.Z4]>S+3;A'PFY"OA6Q:-
MIT;1YG?N>%4:G(@=>#B[S=[#31#QRL1[LW[LJ&GBX%5YKC9Y4;)S$+K").)Q
MQJP(YM5OMLCI+7H>Z?G7].TU?9L<;F>'NZ\%BFN!(@D4L\#]K1$3YKA@'OYK
MPB[V5('IXM6QI,91N[2E:W6]G8]Y/)-/>%4.O(-?W'1"6W)"YT\V'D"+Z,"W
MS^YVE/3^_:R)A-:%\,'')EVIE#@ROM+J'U!+ P04    " !4A%!(P)$W);7=T]ZY8<>8K7M0W-[@ -K_:=$H[GQJ.F8' [R))"59GF7?
MF.)"TZJ,M2=3E3@Z*30\&6)'I;AY/X#$:4\W="D\BZYWH<"JDJV\1BC05J F
M!MH]O=_L#MN B( 7 9,]BTGP?D1\#X#8(U2AN_I!ZM
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M:W-H965TV=$ ;R-)299GV2>FN-"TKF+MV=053DX*#<^&V$DI
M;OZ>0.)\I#NZ%EY$/[A08'7%-EXK%&@K4!,#W9$^[@ZG,B BX)> V5[%)'@_
M([Z&Y$=[I%FP !(:%Q2X7R[P!%(&(=_XSZ+YWC(0K^-5_5N;$9)"QV?I'O!^3LL(^R#8(/2QB]I)NM0K11*%']+J]!QG=.??;[0[A/R
MA9!OA"]9-)X:19M?N>-U97 F=N3A['8'#S=!Q"L3[\WZL:.FB8/7U:7>%7G%
M+D'H!I.(IP6S(9A7O]LBI_?H>:3G'].+6WJ1'!:+P^)C@?)6H$P"Y2)0WALQ
M84XK9O]?$W:UIPI,'Z^.)0U.VJ4MW:K;[7R,A\C>X74U\AY^  =H@/?/GO84S+X][,E$CH7PL\^-NE*I<3AN#Z0[976_P!02P,$%     @ 
M5(102/BSUC:C 0  L0,  !D   !X;"]W;W)K&UL
MA5/+;MLP$/P5@A\0RI*3&(8L($Y1M(<"00[MF996$A&2JY*4E?Y]^9 4NS":
MB[B[FIF=Y:.N6'/F*U[4-S>X0#:_VG1*.Y\:CIF!P.\
MB20E69YE#TQQH6E5QMJ+J4HQ&3X/V$^!:2[\V!9L$"2*A=4.!^.<,S
M2!F$?./?L^9'RT"\C!?UKW%:[_[$+3RC_"4:UWNS&24-M'R4[A6G;S"/;H*(5R;>F_5C1TT3!Z_*<[4I'DIV#D)7F$0\SI@5P;SZS18YO47/
M(SW_G%YCN?\G@F'_"J''@'/[CIA+;DA,Z?;#R %M&!;Y_=W5/2^_>S)A):%\)'
M'YMTI5+B<%@>R/I*J[]02P,$%     @ 5(102+YI &ND 0  L0,  !D   !X
M;"]W;W)K&ULA5/;3N,P$/T5RQ^ TS2P2Y5&HB#$
M/JR$>-A]=I-)8F%[@NTT[-^O+VEH404O\%+=7.(#V?UHTBCN?FH[9P0!O(DE)EF?9#5-<:%J5L?9LJA)')X6&
M9T/LJ!0W_W8@<=K2%3T67D37NU!@5-\COH;D5[.E6;  $FH7%+A?#G /4@8AW_AMUOQH&8BG\5'],4[KW>^Y
MA7N4?T7C>F\VHZ2!EH_2O>#T!/,(UT&P1FGCE]2C=:B.%$H4?T^KT'&=TI_\
M=J9=)N0S(5\(/[-H/#6*-A^XXU5I<")VX.'L5AL/-T'$*Q/OS?JQHZ:)@U?E
MH5JM;TMV"$)GF$3Y?%,/N!5.? .?G/3"6W)
M'IT_V7@ +:(#WSZ[NJ:D]^]G222T+H0_?&S2E4J)P^'X0)976OT'4$L#!!0 
M   ( %2$4$@#P/>VSP$  . $   9    >&PO=V]R:W-H965T].N!6ZV%/B"I;X%0]B %ZLU,+R:DVJ6R(
M&B30RI$X(W$4[0BG78^+W-5>99&+LV9=#Z\2J3/G5/X[ A/C 6_P5'CKFE;;
M BER,O.JCD.O.M$C"?4!/V_VQ\PB'.!W!Z.ZBI'M_23$NTU^5@<!'L3U?IUC0;851!3<],OXGQ
M!X014BM8"J;<%Y5GI06?*!AQ^N'7KG?KZ'?2+-"6"7$@Q#/A,7*->R/7YC>J
M:9%+,2(U4/OO-GL#EU;$*"/3FS)C.TWI!B_R2[%)XIQ/:T+)+<"B1=(PHC;I1$]YCAADG63=-$D#0+I
M'9,)LULWV2V:[() =L=DPCRNFV2+)ED0>+IC$C!I],6$7!U!#K)Q-TVA4IQ[
M[4_@7)TO\W/LCO GO,@'VL O*INN5^@DM+D([KS60F@P]M%#BE%KGILY85!K
M&V8FEOX&^D2+87I/YD>M^ ]02P,$%     @ 5(102$Q]\7W; 0  104  !D 
M  !X;"]W;W)K&ULC93;;J,P%$5_Q?('U$ "82*"
MU'14S3R,5/5AYMF!PT6U,;5-Z/S]^ (TJ5 R+_&%O?A ]=.9+)22GVBQE350O@9;.Q!F)@B AG+8=SC.W]R+S
M3 R:M1V\2*0&SJG\>P0FQ@,.\;SQVM:-MALDS\CB*UL.G6I%AR14!_P8[H^I
M53C![Q9&=3%'MO:3$&]V\;,\X,"6  P*;1.H&<[P!(S9( -^GS(_D=9X.9_3
MGUVWIOH35? DV)^VU(TI-L"HA(H.3+^*\0=,+<0VL!!,N5]4#$H+/ELPXO3#
MCVWGQM%_28/)MFZ()D/TQ4 \R)7YG6J:9U*,2/74_G?AWLBE#3')R-2F3-LN
M4[K&\^RW;=OKNT;7^'&T\/-_8#M
M=<#6!VRG%J.U%KWF.&O^ Q*O0N(I8'L#,FOB^Y!D%9), .3BG'.0M;O."A5BZ+0_YLON\F(\1NZ>
M?,KSK*Q*\'Q#?
M0O"KW=$L6  )C0L*W"]'> (I@Y O_+YH?I8,Q//]2?U'[-:[/W +3RC_BM8-
MWFQ&20L=GZ1[Q?DG+"W?G/3"VW) 9T_
MV#C_#M&!+Y_=W%(R^.>S!A(Z%[;W?F_2C4J!P_'T/M9'6O\'4$L#!!0    (
M %2$4$A\BV%%L0$  !8$   9    >&PO=V]R:W-H965T-3*C$%3_.0%7TQ&G>-EX85UO_0:I2K+R
M&B9 &J8DTM >\6-Z.!4>$0 _&4SF:HY\]K-2KW[QO3GBQ$< #K7U"M0-%W@"
MSKV0,_X]:[Y;>N+U?%'_&JIUZ<_4P)/BOUAC>QC4+,+]32JM1J0F:@
MOG?IP<&U%W'*R&4SKNR@J4/A57FITGU>DHL7NL%$XFG&K CBU#\>Z;K@T%H_O7=S'>]M7%@U+*]P_154?P%02P,$%     @ 5(102'D8
M'4K> 0  A@4  !D   !X;"]W;W)K&ULC51;;]L@
M%/XKR#^@.(YOB1Q+3:=I>YA4]6%[)O;Q107C 8Z[?S_ EZ85BOMB./#=D'5.
M-G+Q*AL A=X8[>3):Y3JCQC+H@%&Y /OH=,W%1>,*%V*&LM> "DMB5$<^'Z,
M&6D[+\_LV;/(,SXHVG;P+) <&"/BWQDH'T_>SEL.7MJZ4>8 YQE>>67+H),M
M[Y" ZN0][H[G@T%8P.\61GFS1R;[A?-74_PL3YYO(@"%0AD%HIKB/G,;"-]@[/LY[4\(N(NNTDNG"EV]5V5<6Y FWO/T0>:O10
M7 L*E3+;1._%-">F0O%^F7KKZ,W_ U!+ P04    " !4A%!(.C<0>Z0!  "Q
M P  &0   'AL+W=O;4#
M@"-O2FI[H(-SXYXQVPR@N+W#$;3_TZ%1W/G4],R.!G@;24JR(LL^,<6%IG45
M:\^FKG!R4FAX-L1.2G'SYP@2YP/-Z5IX$?W@0H'5%=MXK5"@K4!-#'0'^ICO
MCV5 1,!/ ;.]B$GP?D)\#]%\[UE(%[&
MJ_K7.*UW?^(6GE#^$JT;O-F,DA8Z/DGW@O,W6$:X#X(-2AN_I)FL0[52*%'\
M+:U"QW5.?XJ5=IM0+(1B(SQDT7AJ%&U^X8[7E<&9V)&'L\OW'FZ"B%OJW.=/^05.P>A*TPB'A?,AF!>_6:+@MZB%Y%>_)N^NZ;ODL/=XO _
M!,IK@3()E(O [M:("7-<,>6')NQB3Q68/EX=2QJ&ULA939CILP $5_Q>(#QL:LC0C2#%75/E0:S4/[[ 03T-B8
MVDZ8_GV]A28CDKS@A7NOC]=J%O)=]91J\,'9J+91K_6T@5#M>\J)>A(3'N[U76E3AJ-HST50)UY)S(OR^4B7D;
MQ=&YXVTX]-IVP+J"BZ\=.!W5($8@:;>-GN--DUN%$_P:Z*PNZL"R[X1XMXT?
M[39"%H$RNM7TEFM25%#-0$[&;'6^,7-H0DPS,9)19)YECE'05)0THQ=HHN4?Q&G.MLMNB)HABC!^C9*LH
M64 I[Z $#4:K2Q=0@BA)BL&PO=V]R:W-H965T
M0F95.I[WHS,Y>M-=1HS(+
MQ"91MV_?_!RL;F/D1DCXSLF7 R:ISXR_BSVE,O@8^E$LPKV4A^7X@D3E8XUTE4
MYD!-1J@ZF9S<5*JI3PTJJSHZZ40W##;,TC+X/M$"45Z02 DX+?"MA>U\P=:B
MBA\G2&X3I#9! @G0K>1HF,).PS(5PO>9UC)EECX629TB*8@X!\FMB&7RK+C/
MM"G(YH]%,J=(!B*)1\0R:9EZ1"R3SWDUN5,D!Q'/(,L<*N+Q  0_UBB<&@5H
M>,986B;SO+O6(NF,:I1.C1(T3PFIG@L4CE%*A#Q?(1+8%#FL6T!
MBN?4!,5.%].M94J/#$!)5O@^DXDJKZIW7^?3F@BK$8)%L9J3 KMGA&?\_0 J
M/4P[,7.*ZUX:43+CRP<(8]^:!- <%??BB.RJILX3GF4:H 1YH!:@_\H27>V!
M![*C/PC?=:,(5DRJ[=3L>EO&)%4YXJ&PO=V]R:W-H
M965TC,SEZTUQ&C
M, N$)E&V_[XY";H-ZHTAX7G?[Q!,T@&3#UHAQ*S/MNGHVJX8ZU< T+)"+:0+
MW*..OSE@TD+&I^0(:$\0W$M1VP#/<2+0PKJSLU2NO9$LQ2?6U!UZ(Q8]M2TD
M?S>HP\P_A"3'_NU[8@44(-*)AP@'\XH1TTCC'C@/]IS"BF$U\\7]V^R6I[]#E*4
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M+9%JBV+2K75)#$=[R*T)3Q]1?8EP=;X=73QQ 7]8W
M[BIW#>L%OTW4X3_99VD/C^@G),>ZH]8.,W[LR=/I@#%#/&%GP5M<\?MNG#3H
MP,1C+'JOK@ U8;B_7&CCK9K] U!+ P04    " !4A%!(L:MECOL!  !O!0  
M&0   'AL+W=O0V,R ?>0:MW2BX847HI*BP[ :2P)$9QZ/L)9J1IO2RUL5>1
MI?RH:-/"JT#RR!@1?S= >;_V F\,O#55K4P 9RF>>$7#H)4-;Y& #D?
MU9_M:;7[ Y&PY?1W4ZA:F_4]5$!)CE2]\?X%AB,LC&#.J;1?E!^EXFRD>(B1
M#SEPLYT%;!PJ293@/V@U*RV4\#]J/2M%M5?#%
M=6(@*ON0)F\*XAN(7BW=C>IAZ;_0-02P,$
M%     @ 5(102 L^6)CQ 0  304  !D   !X;"]W;W)K&ULC539CMHP%/T5*Q\P60D#"I$@HZI]J#2:A_;9)#>+QDO&=LCT[^LE
M!!B%TA=LWYSM&MO9R,6[; $4^J2$R9W7*M5O?5^6+5 LGW@/3'^IN:!8Z:5H
M?-D+P)4E4>)'09#Z%'?,RS-;>Q5YQ@=%.@:O LF!4BS^'(#P<>>%WKGPUC6M
M,@4_S_R95W44F.PX0P+JG;./2?-B:8C7\[/Z-]NM3G_$$@I.?G>5:G78P$,5U'@@ZHV/
MWV%J864$2TZD_47E(!6G9XJ'*/YT8\?L.+HOS\%$6R9$$R&:";//,B&>"/&%
MD-A.73+;UPM6.,\$'Y'LL?FSPZV&"R.BE9%N1NI]LIK"[E2>G?(H6&?^R0C=
M8"*+.3A,."-\K;YH$7E+],A9W#WX<4#A(\3I$NIDBG
M%.$_=L-APLUBTFDWTL48_M4QI2 :>WTE*OG E#M"9?Z@?]]9IS!3I4\+3R4*O?MGE!H%9FNM9SX:Z[6RC>
MGQ^O^07-_P)02P,$%     @ 5(102+$ST5_3 0  XP0  !D   !X;"]W;W)K
M&ULC53;;ILP&'X5RP]0 ^$P102IZ31M%Y.J7FS7
M#OP<5!LSVX3N[>=3:#*AIES@ ]_I-[;+114FZ'LB)HDT,:1."-)%.6$TV'$5>GFGF55BEFS881GB=3,.95_
MC\#$]R_JWURU)OV)*G@2[/?0
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M5(102+]CK*\' @  YP4  !D   !X;"]W;W)K&UL
MC51-CYLP$/TK%O%D7!F$!/SL8Y<4>&>\;SM_,X?MN%43& E#8*J- 
M]'*$&B@U0CKQ;Z]Y3FF(E_N3^E=;K7:_(1)J3G]U.]5JLU& =K G!ZI>^?@-
M? F9$=QR*NT7;0]2<7:B!(B1=[=VO5U']R<[T>8)V!/P1(CO$Q)/2,Z$W%;J
MG-FZOA!%JE+P$*QPORO!HA*XPV&*>
M'2:^C:B]"HXF3*@=S-K P5P*[ 3NI/"(SX\S)-<97'"=N"+BXK% >BV0.H'4
MU_BA#[W%%*X,AXGSY#:F]ICL/WJ5S1K)O!$\ER1W1C*?Y#:D]I 8/_:1S_K(
MO8_98KT/A_F4Y'>,>,QB\=A(,6ND\$;2.S?C,'$ZVS1_,\4_M^>,A!HDV7.GG;5_AGG,%.GWTE 6H
MU5-W.E#8*[,M]%ZX0>0.B@^GL3K-]NHO4$L#!!0    ( %2$4$@L %2?F0$ 
M * #   9    >&PO=V]R:W-H965T*E4];,\D'L>HP'B!Q.W;+S^VFU11@N+W##K3?:= H[GQI#LQV!G@=24JR/,N63'&A:57&
MM6=3E7AT4FAX-L0>E>+F8PL2^PV=T7'A11Q:%Q985;*)5PL%V@K4Q$"SH3]F
MZVT1$!'P5T!OS^8D9-\AOH7B3[VA68@ $O8N*' _G. 1I Q"WOC?H/EI&8CG
M\U']5^S6I]]Q"X\H7T7M6A\VHZ2&AA^E>\'^-PPM+(+@'J6-7[(_6H=JI%"B
M^'L:A8YCGW:6\X%VG9 /A'PBY"EX,HHQ?W+'J])@3VS'P]W-UAYN@HA7)CZ;
M]6U'31,;K\I3E>>+DIV"T 4F$;_:I)?FLR323X(K&X+S"\%BB0P
M'P3N+U/JB%FEE FSS++LMDMQU:487!Z^<4F8^^+AZV&PL]/O^ &>N#D(;-X-H@,ODMTM*&G]&ULA93-;J,P%(5?Q>(!:C !JH@@M52CF<5(51>=M1,N =7&C.V$SMO7?V&2
MEJ0;_,-WCL\UQN4DY)OJ #1ZYVQ0FZC3>EQCK'8=<*KNQ B#>=,*R:DV0[G'
M:I1 &R?B#),XSC&G_1!5I9M[EE4I#IKU SQ+I Z<4_GO$9B8-E$2G29>^GVG
M[02N2CSKFI[#H'HQ( GM)GI(UG5F"0>\]C"ILSZRV;="O-G!KV83Q38",-AI
MZT!-$$ES"G6#*/='NH+3@)TF$.'WW;3^X=O)O[N,@6Q:0(""S(%G=%*1!D'X2
M8)_,U?5$-:U**2:D1FH_=K(VN+0FQAF98I39)^(+TT6'F#-)217(8<'%/X,CQ3Q/%U
MIO[*7 VR6@RR"D'(TB*Y#^*9)"?Y=:@.4)'FWT?)%J-D(4IZ8T\\D]W8MMHC
M2?)Y2_#9<1OI'GY3N>\'A;9"FY/K#E@KA ;C$=]E$>K,A3(/&+3:=@O3E_X?
M\P,MQM.-,5];U0=02P,$%     @ 5(102';=HF#5 0  XP0  !D   !X;"]W
M;W)K&ULC51);MLP%+T*P0-$M*PA-60!<8J@710(
MLFC7M/0U(!P4DK;2VY>#I-B!$'+4:I7W0$8],Z9T'O<&3/LHDA7
M'7"J[^0 PIXT4G%J[%*UD1X4T-J3.(MB0K*(TU[@LO![SZHLY,FP7L"S0OK$
M.55_#\#DN,<;/&^\]&UGW$94%M'"JWL.0O=2( 7-'C]L=H?<(3S@=P^COI@C
ME_THY:M;_*SWF+@(P* R3H':X0R/P)@3LL9OD^:'I2->SF?U)U^M37^D&AXE
M^]/7IK-A"48U-/3$S(L"/%"N"<^>##R,;]30\M"R1'I@;I_M]E9N'(B5AG9;-J6[365+[PLSF6\
M38KH[(2N,(%X")C-@HBL^JI%C-?H<;"(L]L"VVN!;1(F-.&RN]SGA]AW\0>\+ ;:PB^JVEYH
M=)3&W@7?LHV4!JP]N4LQZNR+LRP8-,9-8C(DB;K:KV4&FUA_;L)$Y "YC:3MC^^_H+
M-JE1]?V?.O70@R;,.2'FG28!W0@O7QRHJS#
M0B[9.>0#(_BH@[HVA%&4AAUN>K\J]=XKJTIZ$6W3DU?F\4O78?9G1UHZ;GW@
M3QMOS;D6:B.LRG"..S8=Z7E#>X^1T]9_!IL=2)5$*WXV9.0W]YY*?D_INUI\
M/V[]2.5 6G(0R@++RY6\D+953I+\VYI^,E7@[?WD_E67*]/?8TY>:/NK.8I:
M9AOYWI&<\*45;W3\1FP-2!D>:,OUIW>X<$&[*<3W.OQAKDVOKZ-YDD& CY4R92&=/YL9EV=J3Z<*K\EK!!);A
M51G=:4S@SFC K BENQ,!?5%HB<7U"]K3@K>@0 9Z; 
M-B*"KE1SVXA6%(!B!0BZ0;8=4>P"%19D1"" *TX7Q&Z0;5N4+(%B"\K6@-S=
M#6Q[(V=[3Z_.BH)59^1N<& ['*6N'\O$@HSHYAS_CW&W.+ ]CIP]/M5C14'T
M;SWAS1CH"#OK:<>] [WTPDR!>7>>J,]0CY%/>54.^$Q^8'9N>N[MJ9##2,^,
M$Z6"R 2B /E>+6?^O&C)2:C;3-XS,P7-0M!A&NKS/XOJ+U!+ P04    " !4
MA%!(.LYK&R,"  #!!@  &0   'AL+W=O@L3&UG3!]^_H6)JFLA W8
MYC__=P[@XVKDXD.VA"CPR6@O-U&KU+"&4#8M85@N^$!Z_>3 !<-*3\41RD$0
MO+=!C,(DCG/(<-='=677WD1=\9.B74_>!) GQK#XNR64CYL(19>%]^[8*K, 
MZPI."'#;1$UIO46(D5O&K(Z.\[email protected]_([S#S/YL=]$L":7&29/_>-,OI@F\'E_<7VVY.OT=EN29T]_=7K4ZVS@">W+ )ZK>
M^?B=^!HR8]AP*NT5-">I.+N$1(#A3W?O>GL?W9,R]F'A@,0')%/ T@9 ![)I
MOF"%ZTKP$<@!FX^'UEHNC(EV!CHWJDMR!>,V,0LK@%RT]8\8O
ML0HFN?(&:2C)TB7I-&BQFO$J4!S$V&7#R4*L0?-^7D0"H/\/LSS>R"_
M$1?9'% 2!OG=F!=WWIP7H<7_>QY>M1A&Q-%V4@D:?NJ5ZS#3ZM2MGVRSAE_R
MNAKPD?S$XMCU$NRXTHW.]J,#YXIH?KS((M#J\V2:4')09ECHL7 =UDT4'RX'
MQG1JU?\ 4$L#!!0    ( %2$4$@?6YD R@$  )\$   9    >&PO=V]R:W-H
M965TV_KQ\AA5$$&_S(.>>[%M?.!JD^= -@T"=G0N]P8TRW)407#7"J
M[V0'PGZII.+4V*6JB>X4T-*;."-)%*6$TU;@//-[KRK/9&]8*^!5(=US3M77
M'I@<=CC&IXVWMFZ,VR!Y1B9?V7(0NI4"*:AV^"'>[E.G\(+W%@9]-D>N]H.4
M'V[QI]SAR)4 # KC$J@=CO (C+D@"_XW9OX@G?%\?DI_]J>UU1^HAD?)_K:E
M:6RQ$48E5+1GYDT.OV$\PLH%%I)I_XN*7AO)3Q:,./T,8RO\.(0OZVBTS1N2
MT9!,AL0;2 #Y,I^HH7FFY(!T1]U_%V^M7+D0FXQL;=H>VV_ 'WF>=;2&%ZKJ5FATD,;VL6^W2DH#%A_=K3!J
M[&LQ+1A4QDWO[5R%"Q061G:GYV!ZD_)O4$L#!!0    ( %2$4$CPSJK[8 ( 
M %<(   9    >&PO=V]R:W-H965T"L9.="?U@
M%<;<^FJ;CJWLBO-^Z3AL5^$6L1?2XTX\.1#:(BZ&].BPGF*T5Z*V<7S7C9T6
MU9V=9VKNC>89.?&F[O ;M=BI;1']N\8-.:]LS[Y,O-?'BLL))\^<0;>O6]RQ
MFG06Q8>5_>HM-ZDD%/"KQF=V$?,C!C_W*=F4*N,$[+AV0N'SB C>-
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M9#2(ICH20T/(Z4@ 3).++1R(QB8F,Q,2R/]+E^8=0O9C0#&"\Q
M+@_=#WSK$='_!/18]TQ:TNXV.S5GGP@A&.1KOLB&EN)4WX8-/C Y>U"=AP.
M/AAPTE^.\>&_1/X/4$L#!!0    ( %2$4$A_SAE$^P$  #4&   9    >&PO
M=V]R:W-H965T
M%=)7(9CZMP#^G=_71O_
MP#2\2/ZG/IG*IDT3=((SNW+S)KL?T-]AY02/DFO_BXY7;:08* D2[".L=>/7
M+CQ9ISTM3J ]@8X$ZGUP,/(QOS'#RD+)#NF6N3^/;"U<.1&KC&PV;:_M-96_
M>%G<2IKG!;XYH0=,(.X#AHP(;-6C%C2)T6FPH-FTP.)18!DR+OJ,ZVF!951@
MV0ML'B_9>$P>4@8,H70S[;**NJR"RSJ-M3)@]@-F1C.SJ$D68N8SFIE'!?(9
MO0@8,J,3ZZC'>D8G!@R=-ME$339])V:D)&E4P9>G>M+:6U,>&M'JOCA'RF?BQ\PLNB91?XQ=2E;C0Z2&.'BY\!
M9RD-6/_T:96@RL[P\<#A;-PVMWL5IEHX&-D.0WK\4I3_ 5!+ P04    " !4
MA%!(+NE %.\!  #-!0  &0   'AL+W=OGJ/[DB43S4^()T*\$&+;">R,;)H_B")5
M*?B(Y$#,GQ=M-5P8$:V,=&Y2EVTUA2V\*B]5O$E*?#%"-QA'W#M,M""P5O=:
MQ(&/'CN+K+@O\'@KD+@<'Z<%]D]1KDDXF
MN:^3#K.?,9O[)IG7))L$5O0R]PKD*UJ1KV_%QFNR6=&*"5.L,"F\)H43R%?T
M,@J]"C9\KQD3J(B3;S[X:MP8B)/=*A+5_-PK-VU+=-E<3[$=UR]X50[D!+^(
M.'6]1 >N]-#;V3QRKD#[AP]I@%J]6Y<'A:,RUUS?A=LV[J'X,"_/98-7_P%0
M2P,$%     @ 5(102!"8Q@OQ 0  :P4  !D   !X;"]W;W)K&ULC53;CILP$/T5BP]8ATMH&Q&D#:1J'RJM]J%]=F"X:&U,;2=L
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M(>('D/R_(OM_1.[:#*]MAJY8X5BL#PA$UP*1$XA-21Y@L@D3
MWUIQKD#;73WIVC:Z\\T+"I4RTT^FZ*X9
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M2QFDD7R1EG&YDIP)Q(1>UO
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M>;T($OR^WN@\6RR#U!MH&"1;+$ @KLLL_'$@KTDJY*NJ+$H0'9C>2WY-!0:\FQ;\4Y$E<13@Q\^#)$A#!2"#$BA 
MHM]>?RUW=Y[('1FG\F:>506&^3LS!$K5;(7(4*!DT3-9"I*CW.2.]@>I;'JNC\'@X,TAN6)VK91!'4KU?(LX* C-P[8DW60GT6#_F=0ZJ
M.$>>AT7Q^$ND92?DWV19=!\G2?OS5P3*.A"ZOS.42>)@&B=Q"1CSR&.QO@Q6
M7;AY&:=*9C-YGBO@K([9>05\!9/S+$GHC+E*B-<,-MMSW@4Y:N<5#"Q4?N?M
M^*J!> ?V]=A?,_ J2_)FEMWNERA? J\L8%T] Q\'QITE\2S;'6YJ!
M3;LWZ 9XS0#4*W&)_,$\& (K@SI1:0B#Y>Y55BIY_*0U"QV 9\4R"-4?/E]J
MG'[^E?1T'"JK>99$) S(B.7*%U96; 6.]6@= 0, #N (*"U[H# TFCJXHEI4
MS 61FL5A)^/8(5K20./F:@XL$]\IT$;PN\<:C,"BXR0;44WXW&;F1AV*-D@Q
MC4 N7H%P,VLXVI3]I(9*'6Q0L?M;.U$'OD)$7-5PR;^>30M2@?_K28(J0>Q 
M?U9*[H[;G/357\?>C/,,G$XXIY[EJ:P\*T!WY-G,I[%A3HPH\?KL&=P(&
M#"3PN$*7"ZD41(LX)1^NC'WU\ 8X/,A#MBD10)5DI%&[.2#S8/"%'@XPR[.%
M&=LAY9< >8
MNE6X$:D+9O*:K9
M&R0MONNV/!K/OB[]H2JTHB\S=$TRT/&)HG,28>!3_)F#XG2'3UPKX)(P[OVORGGH?*LU=V120J$KD7.N(>5IC'H#9
M(@WH $Q."JVQE4?2[[!=]N_,4KC.QB)&>6E5.RN [E*ERR0=9@QU@2"=)
MB2H58K=YP%X^0("+#6->5Z#5 G0_@1^7G5[C1ECB+?:YB.&AXC1[EP!<%6H5*0U
M[C3+\^P>%X8U$^UIAIV>YNM@1;8--S>SBLW3$$/+QIXQ1*L8 Q&:PS7^CMUQ
MMKT[>-4ELK,M$ X&/M>,QPML$S'UAE8R*(%$MW&:$FYGJ.8AX'S0?(6BWC=S
M/)37U6*!X3N,N8YOTQCSCBS9SX&@9<9C-JA H%*D$M!,8;P6!!UKB
M-%7,7:N! +)
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M6  =6FR@  *59B4Q%#C>V@N#EC_"6@ERN@$/CHO?GU6WP(]RHC/60^*J#D;:XA@8O@=Q
M*H 5X#A P@0=CRK/V1:$.4!6Z)#'\0=!AA!ZA"E;@B$&H(!FM3 /)/KK($O@
MD:%F!/0L60SD+(AS8#NI /I8 QDX2E
MQ^A@+72%H)/D 7C!6CQJJ08U"M$F;CN4EZ7#RE6*68(RRR*F2"W!<@$*$Y3N
MPIA*([(127^<(L^F)= !W+$LN5/B%N0"AJ"W&9/0 O[13UL$S.-!BLL@4^_!
MZ9CE7$1OA^0^S ABEZRT+!,3:!$84O1PC6(U&P([P?$Q?B5+8"6O2K3(
MW5F%F55[>'84P$R]46$"KCX9:@;Z'#Q9D -D_N8WHJ;#(HC(1)+>AY5RWJM;
M"\(X8!C\W4PQV3>&PL@#C2:(5,-E$."&IO!SJ&EXF7%V_9P]@@+3H$'JLDFAQ\O[>1S.)69V95$!A* ]$,$Q
M>^HFK,4@$/P;.N!M%9-V%\2%]G366#"+I.J^WH2BXY'8?#?E3#3X<-(+<&S9^Y#69H!8, ZMR A!?($)A[)(X"Q@37J
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M)D'/ 0;H9O!>,"Y26,N(TP9#>(R0D9_4ZX<)DR&) "=)AG:/!< DKRDOO&;J]K:(!#9^P=
MHN8KJBEN6"+\459-2Q%,LXJ1PZM_^"<<1\<_;#Z 4J#8 E1]MQF';B"W>4JL
M@MZCX6N-L0X,V62"YF00>8$%C]2Z6!Y@9O72T]\I2 $XJ:1< IG$/X*S,&?W
M W".&1A<\,-/()93C)T@)BW =TF 1[41U(J%,$YEK![K0>BE+&.CP#2TAMJA
M-9..7'NB7H1X1R3X:RA3(K9=-X!C09T847$G=( NR3Q;:BEA+PHS4G;7E1!<@V3(!#T@K4\08(!;)
MXWB5")G)KG*XSL(?8C$F+ES)!CW.BJ.PI@XD"MRL$@MTLQA
MO )G11B_'NQ.$"?.1L:T7% 8:CYU&+8(P14U\H#<:\XV8"F+N_B%I&V!H3-.
M$Z$N*-4;E(C"J^R.O=8>- JSE<'@RA!SJGL:J+%)-CU,W*BVBE@XJ3TGNZ#U
M@=C/!_#=*3IM+5II:_ O$O0OM%U96=[0G(:Q>@(A#&,'\&$ 0PU98,78B&66
M^L< HUB09X N^8!4H?@!0O8"G'9:F["<9O(D7YI= MF ]\._=5S;
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M0EZ 90;CR<1.%#QQKA*R21'6[^-I!2'?T\'A:%]R >^E(^P/]/#@^$:8+*722)I2WG'1T>P^@C $1K)!-4'YP"]CV]U4X,T
M30UI1=K;J0YR>T-6]W?*J,J-^T$Z/&2FI,ADV&18T6)83GHT#NG#_TS<8()/
MN#U!\CI^W_B@R=GN+Y:[#Z3]J0>8U@,FO9HNHF*T%?6.54#CV+>*E2]
M=2]PHE!) QK1$0'*G?TVFV0#*8FB+3G56"*\#*_@XAH(,_!3L*,- Y,)BKD?:>DI-P
MS)WQZ8B@0*K[0 P0"BR6R6NL3SJ!5Z[BQ;3"%+7C%)N\&/C_X%RCG.P7(??+9KI,GX7$)B6)SC^6.6EO!C*YU41S@<"8W?B)!1#C# AJ(.2+%V1HOLOU_HCR67"7Y8WZV^]A-DP/!/>.Z,83
M8*9Z'@S?F1R/$>G&DT?'F\B/O!VD%=8",3GR>SH.K A+ZD "X,JMN3$M0O#C
M(3-)W;:CQ;5*XU*GX6S:$8L">:03?."W'7)(4/3TFF$4F=\J@#_3"6 #/Y<^
ML?'7>CJFUB@VK$8NM%OB+38WD!KA,@KP81T"S;Z 3ZS$M2(>VW38B%_6NKOD
M0<$TX71ZI9'38M0H<_H6:F,1:1;LC0:721*^U?A\B?'.IX4WWI093.P2=0PT\]82O;2YQ31/4AN5[K@ @
M)]V;F<:7,,;4=!*)N@B6#E3%(O,
MHO6N&-<6)MJ%4QHB87+%+H1A#V$@FD*7\0RKI(S1JD94T8O0&_&:;$A*M%AM&GK:&]+TM]T%O$6FNAP$S='V,]-2E^8I!7(UA'&
MD.-#"(9)T4>"TL:-NP<0PQ[*\7@BWA88I^WNH_N^>PI!",*!RL]9[V"B5VV+
MT@%VCZ4_RO47F[Y6TW([T=R\6+=TOG)]+YVD.W"=((%.$-?.S:U/[>[8:Z#H
MX\ 88BW33O R"]B.PL(JG5H=]W! "H%TL@"W(7I%GB7V0N(+O1UV#
M.R"8O>K[J=HU*KK+\-I?$B@!X-3C/0WFNYV#X4@N
M8K#I&;:+8/<,GJG9XVMKN>I]R8869(J/:DK='F:/C$\$7A;V/]@*@;#=+V8S
MO0GM63P:ZVU@-B!PJA5X%*W]W E_@>L*U#MQ#0U
M@F&_IUZ 3!>52HH2D:>P.:HJYB.O1PZL^6WHWD#07NVNBCSM [4-.B
MT3.L0R1GJ^LVI19KD1^%G9(+5B9N7@Z7U&U1@MP-CC5=L>AR*:C0-B-6V/Q]_[R&4AI/1WJ>CAO[.$\"M&ZMH*5M6;4=>3P:\?_%V1UX8P1[;0L@
MC@E"%(X=S)=-CNC?X_VCQBZ)*E$*&LL>8G%E/!Z19&3K!@O*1=)E(A"$PC@0
MI@(R])PIC&@;=VI?=-ZIY4_77?+8O$A/C,-7W9YC^"!>@_=7T"DYBV$O<5'+
ME.D0(=S?HGNKDR \F!M)\!8CYBOJJ=R+GM:YNL;P)X/&G:8**YLWUVX*4
M*WU.&3ISVT[FF!_'!PP@",5(WLSFV 8@)0[EBBZES-$?UIK=WKD:@$*!):G(
M9LJ!H%S@:!QAP.$:OCGGV=), [HE0*",.^ A5G&X27."?,4-=F?WU"GK9_G\
MVPL"+0B?23>_8-#$S#FPB=^>/"*(H9K-5GE
MV+M5"J.,V DF/+Y1NDP+((_TN2XM1R";/1.[P9-F/Z$I^&$40]K)U#K<1OM&
MOI[\)<2UQ@AIK*P-=3A7496H9Y+\A)FH>S +I 4X&[1$YL83NDO1MO#7B=N.
MF>"+@*I9"6JX(X>-&^N"&;HMG W7N1@X"T1=G.2B-*/8G?[JT7#RLZ)AN-[D
M!. 1T04VT=(TYC+@2EMGA$.'$(UAI+KJ@AJ8!BZH75&9$E<%FGXAN6+'$Z.4#/]4A<
M9/E,44)Q=W]R# 'Y>'A\)%Z\7Y+GN'N(,?ID>#@6!LH(,V@?_KT%&/YMD8/!
MZ.280!F-24BUWF4)?4MZ=WMJ6 *T70"D >KN#JS3^<4>/9_DD. BB'/Q/;9E
M/ 3]N,=ZW$].T'0/3T\,XL$[0+R?B.]91>\>GQ#.#T\V+>QC,QU.CH2.I\<"7%_OC2X !Y_,?3OCX6@B;"W>!+NYLO@_(9O"O1D0MW'XD_](E\(;GTSD^!1LU>$^3#D5YI$8
MT7HD1AZ.Y.&!/ 7C!=$:MR9M1#< =8C9Y,D1=D0=G.#_#P'.+HHR&>._]@9.^L3->-FJ
M.:5;='86+V?15M*E+* IQ=+Y!JH.Y07GJC:2'[G6+-L_FA*-!C31S*V95"Q%
M0FZ"S4> UYA[A%THE%Z[Z7IJJ/YNNP+)FK5Z8OIW0+LRML\ V'YU>T5J)IQK
MENVGD3:86O(+[/T3; [G*S=.!9)SNF9%=E[L2SAN7U8QS^[3GT-/OK"WOPR 
M,'7AB/.<@:$F"DHY%E8*K[@JAM'V.?C
MF\2=UR0"3"O@,X)%JT7=%%50)"B%AI2FU#Z?D)%!W& Z'?1I1/,T5,9F@"A)
MVW73HUN2IN J8O:YI 8\?:& 1) NAM)]K17?OL'B #^&0,^#-(J]UI6H[W@R
MLK30:P>S)$^ +1YS.:L. )/8F=F3=!J-L@
M,0\&$:-16HW[N,R;#)BA"*C0CWURB*]I5>#S)X6]>4:W:&PA!?4L-X6![2HJ
M<-C\?="(\39\"REWKN #8$CD 5W:!S)7U*U1]\P$M[8B!\ZR5?8D@=_J!//J?X#U[]EI>!]B+<^-T
M(OF/^/6-["=WWUV+CC9"CA HR8^=!'1="8&8_]=,*"+,P7>PIQ3<(L.A2[/R>>@'-_+LV\PZ4L_8T5<\*=8'4NY
M1)@&V@C;R_%N4JS5;D=B7??!N#=KG,?P"K[ ZKZ&MW)[P(;BW1S?E;OG%F,=
MW>J"E4ZT80\=_DOP#IA![?+88]=NR2K,]3.)5^#HF9_V];8:0M'Y7)]723C%
MWCB[SXN[KO>NO $?P2P7:IK;3DEB%KJMR\4_20&%NHU#0D&@5;UJ+W*@$1!0H2^I#L-3K=&4-
M0_UT&&].M@3EGZJ5<,0]U.+<)5E0)Y>UAJW.X,F(FSXQ,-[GGP?F(A$&"!B!
MXAL ;)*YH96OF]:MFMS. 13/0D8=-3V9[O0:UH&3>F4&T! ./ TW5>[UX61%
MKP[@.X.1OOU-^C0:F$0=W: ;N#'R_[)1\O\^.4
MUHME&P?\TH^==0"H6KY,X^VSC>,?WTI[?"OM\:VTQ[?2'M]*>WPK[?&MM,>W
MTA[?2GM\*^WQK;3'M](>WTK[M;V5)G=OT-;YJ>EKW3N->YCWM[:[7O&;?45L
M'0J\%\9^#E0\/B/VBSXCMH[^&Y\8\^LWCV]Q_7^\Q;6.:&?@,]FGK)P2P(O&
M$R**R'K+?YH7@#==Y
M]47L^YBY>1GPB__H=<="Z/^_HY.0,V)^F2?X[+VMZCRL@47K0
MVXVHW]H]P@T75'KM4V,0C_&0Y]T$^84TZ(8;'Q^9$*K?PG?R?M;S]N?3*=G_(]U);XK6]/Q=VS]A(W5G!U_XK>9\?#_
M&N^6?V2XD2ADASQEJ9$(>G >JI?GFZMW'\$M[3&LG^_6W.%VR3#MKR8,YYZNS+^N>C
MJ;JU)GAC7U*E-2-5A'F\[+H(L?$)7/F+/($K_Q^?P)6_@B=PZQ[J7^H)7'/#
MZ].?P/440O">%$*]'G?7^N,<]'68F"'E=3_[#/'HAYGN\Z]K^/UFX_.\\I=_
MGE?V/\_[GWX%UX&Y^0KNEL],-AQ(__%!U,ROZG?>-OFV#8M4!PG=+L*5_2-1
M>N7=V$WT]P_7*1 #EZ.K\WZM^K2SR-O+LNRRR81^GY]T-"JJ*[?RV--
MVIP2U92>EI2>KML6I/%X.^(9(R(VL]!8*]M
M-V <_WSK/QQ'ZC_"W>N>3D2N;^3P'VRLUD2Q?5E\3+;7Y,=\1&?V0J^A\]Y1
M8XF>L=R(_&!@5!KU@[&-_:_?WY-=[^]M'Z9QPK*O>NAGQ-8'VEN _K:WIJ@,
M[!L"RV5GGKA_7RS>*+CJ)ZB[C CBF!\=2?K#
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M %2$4$BVH/,^/@$  &D#   1              "  7@'  !D;V-04(  !X;"]T:&5M92]T:&5M93$N>&UL4$L! A0#%     @ 5(102"L<
MXL0Y @  @@D   T              ( !)@\  'AL+W-T>6QE&PO
M=V]R:V)O;VLN>&UL4$L! A0#%     @ 5(102/F,\?MK @  P @  !@     
M         ( !314  'AL+W=OX7  !X;"]W;W)K
M&PO=V]R:W-H965T&UL4$L!
M A0#%     @ 5(102$U90,+H P  ^1(  !@              ( !/2   'AL
M+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(102&MC
MWX^F 0  L0,  !@              ( !$2@  'AL+W=OTI  !X;"]W;W)K&PO=V]R:W-H965T
M&UL4$L! A0#%     @ 5(102')&_B:E 0  L0,  !D     
M         ( !HRT  'AL+W=O&PO=V]R
M:W-H965T&UL
M4$L! A0#%     @ 5(102+YI &ND 0  L0,  !D              ( !-3, 
M 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 
M5(102/M.5EFH 0  L ,  !D              ( !*#D  'AL+W=O&PO=V]R:W-H965T\\  !X;"]W
M;W)K&UL4$L! A0#%     @ 5(102#HW$'ND 0  
ML0,  !D              ( !!#\  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(102(>U,4I, @  80<  !D         
M     ( !HD4  'AL+W=O&PO=V]R:W-H
M965T&UL4$L!
M A0#%     @ 5(102+$ST5_3 0  XP0  !D              ( !?TP  'AL
M+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(10
M2- &PO=V]R:W-H965T&UL4$L! A0#%     @ 5(102#K.:QLC @  P08 
M !D              ( !05D  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(102'_.&43[ 0  -08  !D             
M ( !,V   'AL+W=O&PO=V]R:W-H965T
M&UL4$L! A0#
M%     @ 5(102/U$ 9&P)   "*,  !0              ( !LV8  'AL+W-H
E87)E9%-T&UL4$L%!@     M "T +0P  )6+      $!
 
end

/**
 * Rivet Software Inc.
 *
 * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved.
 * Version 2.4.0.3
 *
 */

var Show = {};
Show.LastAR = null,

Show.hideAR = function(){	
	Show.LastAR.style.display = 'none';
};

Show.showAR = function ( link, id, win ){
	if( Show.LastAR ){
		Show.hideAR();
	}
		
	var ref = link;
	do {
		ref = ref.nextSibling;
	} while (ref && ref.nodeName != 'TABLE');

	if (!ref || ref.nodeName != 'TABLE') {
		var tmp = win ?
			win.document.getElementById(id) :
			document.getElementById(id);

		if( tmp ){
			ref = tmp.cloneNode(true);
			ref.id = '';
			link.parentNode.appendChild(ref);
		}
	}

	if( ref ){
		ref.style.display = 'block';
		Show.LastAR = ref;
	}
};
	
Show.toggleNext = function( link ){
	var ref = link;
	
	do{
		ref = ref.nextSibling;	
	}while( ref.nodeName != 'DIV' );

	if( ref.style &&
		ref.style.display &&
		ref.style.display == 'none' ){
		ref.style.display = 'block';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '+', '-' );
		}else{
			link.innerText = link.innerText.replace( '+', '-' );
		}
	}else{
		ref.style.display = 'none';
			
		if( link.textContent ){
			link.textContent = link.textContent.replace( '-', '+' );
		}else{
			link.innerText = link.innerText.replace( '-', '+' );
		}
	}
};

/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	 
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	
}



  3.3.1.900
  
  html
  34
  156
  1
  true
  10
  0
  false
  4
  
    
      false
      false
      R1.htm
      00000001 - Document - Document and Entity Information
      Sheet
      http://lantronix.com/role/DocumentAndEntityInformation
      Document and Entity Information
      Cover
      1
    
    
      false
      false
      R2.htm
      00000002 - Statement - Unaudited Condensed Consolidated Balance Sheets
      Sheet
      http://lantronix.com/role/UnauditedCondensedConsolidatedBalanceSheets
      Unaudited Condensed Consolidated Balance Sheets
      Statements
      2
    
    
      false
      false
      R3.htm
      00000003 - Statement - Unaudited Condensed Consolidated Statements of Operations
      Sheet
      http://lantronix.com/role/UnauditedCondensedConsolidatedStatementsOfOperations
      Unaudited Condensed Consolidated Statements of Operations
      Statements
      3
    
    
      false
      false
      R4.htm
      00000004 - Statement - Unaudited Condensed Consolidated Statements of Cash Flows
      Sheet
      http://lantronix.com/role/UnauditedCondensedConsolidatedStatementsOfCashFlows
      Unaudited Condensed Consolidated Statements of Cash Flows
      Statements
      4
    
    
      false
      false
      R5.htm
      00000005 - Disclosure - 1. Summary of Significant Accounting Policies
      Sheet
      http://lantronix.com/role/SummaryOfSignificantAccountingPolicies
      1. Summary of Significant Accounting Policies
      Notes
      5
    
    
      false
      false
      R6.htm
      00000006 - Disclosure - 2. Supplemental Financial Information
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformation
      2. Supplemental Financial Information
      Notes
      6
    
    
      false
      false
      R7.htm
      00000007 - Disclosure - 3. Warranty Reserve
      Sheet
      http://lantronix.com/role/WarrantyReserve
      3. Warranty Reserve
      Notes
      7
    
    
      false
      false
      R8.htm
      00000008 - Disclosure - 4. Bank Line of Credit
      Sheet
      http://lantronix.com/role/BankLineOfCredit
      4. Bank Line of Credit
      Notes
      8
    
    
      false
      false
      R9.htm
      00000009 - Disclosure - 5. Stockholders' Equity
      Sheet
      http://lantronix.com/role/StockholdersEquity
      5. Stockholders' Equity
      Notes
      9
    
    
      false
      false
      R10.htm
      00000010 - Disclosure - 6. Income Taxes
      Sheet
      http://lantronix.com/role/IncomeTaxes
      6. Income Taxes
      Notes
      10
    
    
      false
      false
      R11.htm
      00000011 - Disclosure - 7. Commitments and Contingencies
      Sheet
      http://lantronix.com/role/CommitmentsAndContingencies
      7. Commitments and Contingencies
      Notes
      11
    
    
      false
      false
      R12.htm
      00000012 - Disclosure - 8. Related Party Transactions
      Sheet
      http://lantronix.com/role/RelatedPartyTransactions
      8. Related Party Transactions
      Notes
      12
    
    
      false
      false
      R13.htm
      00000013 - Disclosure - 9. Subsequent Events
      Sheet
      http://lantronix.com/role/SubsequentEvents
      9. Subsequent Events
      Notes
      13
    
    
      false
      false
      R14.htm
      00000014 - Disclosure - 1. Summary of Significant Accounting Policies (Policies)
      Sheet
      http://lantronix.com/role/SummaryOfSignificantAccountingPoliciesPolicies
      1. Summary of Significant Accounting Policies (Policies)
      Policies
      http://lantronix.com/role/SummaryOfSignificantAccountingPolicies
      14
    
    
      false
      false
      R15.htm
      00000015 - Disclosure - 2. Supplemental Financial Information (Tables)
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformationTables
      2. Supplemental Financial Information (Tables)
      Tables
      http://lantronix.com/role/SupplementalFinancialInformation
      15
    
    
      false
      false
      R16.htm
      00000016 - Disclosure - 3. Warranty Reserve (Tables)
      Sheet
      http://lantronix.com/role/WarrantyReserveTables
      3. Warranty Reserve (Tables)
      Tables
      http://lantronix.com/role/WarrantyReserve
      16
    
    
      false
      false
      R17.htm
      00000017 - Disclosure - 4. Bank Line of Credit and Debt (Tables)
      Sheet
      http://lantronix.com/role/BankLineOfCreditAndDebtTables
      4. Bank Line of Credit and Debt (Tables)
      Tables
      17
    
    
      false
      false
      R18.htm
      00000018 - Disclosure - 5. Stockholders Equity (Tables)
      Sheet
      http://lantronix.com/role/StockholdersEquityTables
      5. Stockholders Equity (Tables)
      Tables
      18
    
    
      false
      false
      R19.htm
      00000019 - Disclosure - 6. Income Taxes (Tables)
      Sheet
      http://lantronix.com/role/IncomeTaxesTables
      6. Income Taxes (Tables)
      Tables
      http://lantronix.com/role/IncomeTaxes
      19
    
    
      false
      false
      R20.htm
      00000020 - Disclosure - 2. Supplemental Financial Information (Details - Inventories)
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformationDetails-Inventories
      2. Supplemental Financial Information (Details - Inventories)
      Details
      http://lantronix.com/role/SupplementalFinancialInformationTables
      20
    
    
      false
      false
      R21.htm
      00000021 - Disclosure - 2. Supplemental Financial Information (Details - Other liabilities)
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformationDetails-OtherLiabilities
      2. Supplemental Financial Information (Details - Other liabilities)
      Details
      http://lantronix.com/role/SupplementalFinancialInformationTables
      21
    
    
      false
      false
      R22.htm
      00000022 - Disclosure - 2. Supplemental Financial Information (Details - Computation of Net Loss per Share)
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformationDetails-ComputationOfNetLossPerShare
      2. Supplemental Financial Information (Details - Computation of Net Loss per Share)
      Details
      http://lantronix.com/role/SupplementalFinancialInformationTables
      22
    
    
      false
      false
      R23.htm
      00000023 - Disclosure - 2. Supplemental Financial Information (Details - Common Stock Equivalents)
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformationDetails-CommonStockEquivalents
      2. Supplemental Financial Information (Details - Common Stock Equivalents)
      Details
      http://lantronix.com/role/SupplementalFinancialInformationTables
      23
    
    
      false
      false
      R24.htm
      00000024 - Disclosure - 2. Supplemental Financial Information (Details - Supplemental Cash Flow Information)
      Sheet
      http://lantronix.com/role/SupplementalFinancialInformationDetails-SupplementalCashFlowInformation
      2. Supplemental Financial Information (Details - Supplemental Cash Flow Information)
      Details
      http://lantronix.com/role/SupplementalFinancialInformationTables
      24
    
    
      false
      false
      R25.htm
      00000025 - Disclosure -  2. Supplemental Cash Flow Information (Details Narrative)
      Sheet
      http://lantronix.com/role/SupplementalCashFlowInformationDetailsNarrative
      2. Supplemental Cash Flow Information (Details Narrative)
      Details
      25
    
    
      false
      false
      R26.htm
      00000026 - Disclosure - 3. Warranty Reserve (Details)
      Sheet
      http://lantronix.com/role/WarrantyReserveDetails
      3. Warranty Reserve (Details)
      Details
      http://lantronix.com/role/WarrantyReserveTables
      26
    
    
      false
      false
      R27.htm
      00000027 - Disclosure - 4. Bank Line of Credit and Debt (Details - TNW)
      Sheet
      http://lantronix.com/role/BankLineOfCreditAndDebtDetails-Tnw
      4. Bank Line of Credit and Debt (Details - TNW)
      Details
      http://lantronix.com/role/BankLineOfCreditAndDebtTables
      27
    
    
      false
      false
      R28.htm
      00000028 - Disclosure - 4. Bank Line of Credit (Details - Available Borrowing Capacity)
      Sheet
      http://lantronix.com/role/BankLineOfCreditDetails-AvailableBorrowingCapacity
      4. Bank Line of Credit (Details - Available Borrowing Capacity)
      Details
      http://lantronix.com/role/BankLineOfCreditAndDebtTables
      28
    
    
      false
      false
      R29.htm
      00000029 - Disclosure - 4. Bank Line of Credit and Debt (Details Narrative)
      Sheet
      http://lantronix.com/role/BankLineOfCreditAndDebtDetailsNarrative
      4. Bank Line of Credit and Debt (Details Narrative)
      Details
      http://lantronix.com/role/BankLineOfCreditAndDebtTables
      29
    
    
      false
      false
      R30.htm
      00000030 - Disclosure - 5. Stockholders' Equity (Details - Stock Option Awards)
      Sheet
      http://lantronix.com/role/StockholdersEquityDetails-StockOptionAwards
      5. Stockholders' Equity (Details - Stock Option Awards)
      Details
      http://lantronix.com/role/StockholdersEquity
      30
    
    
      false
      false
      R31.htm
      00000031 - Disclosure - 5. Stockholders' Equity (Details - RSUs)
      Sheet
      http://lantronix.com/role/StockholdersEquityDetails-Rsus
      5. Stockholders' Equity (Details - RSUs)
      Details
      http://lantronix.com/role/StockholdersEquity
      31
    
    
      false
      false
      R32.htm
      00000032 - Disclosure - 5. Stockholders' Equity (Details - Employee Stock Purchase Plan)
      Sheet
      http://lantronix.com/role/StockholdersEquityDetails-EmployeeStockPurchasePlan
      5. Stockholders' Equity (Details - Employee Stock Purchase Plan)
      Details
      http://lantronix.com/role/StockholdersEquity
      32
    
    
      false
      false
      R33.htm
      00000033 - Disclosure - 5. Stockholders' Equity (Details - Share-Based Compensation Expense)
      Sheet
      http://lantronix.com/role/StockholdersEquityDetails-Share-basedCompensationExpense
      5. Stockholders' Equity (Details - Share-Based Compensation Expense)
      Details
      http://lantronix.com/role/StockholdersEquity
      33
    
    
      false
      false
      R34.htm
      00000034 - Disclosure - 5. Stockholders' Equity (Details - Unrecognized compensation expense)
      Sheet
      http://lantronix.com/role/StockholdersEquityDetails-UnrecognizedCompensationExpense
      5. Stockholders' Equity (Details - Unrecognized compensation expense)
      Details
      http://lantronix.com/role/StockholdersEquity
      34
    
    
      false
      false
      R35.htm
      00000035 - Disclosure - 5. Stockholders' Equity (Details Narrative)
      Sheet
      http://lantronix.com/role/StockholdersEquityDetailsNarrative
      5. Stockholders' Equity (Details Narrative)
      Details
      http://lantronix.com/role/StockholdersEquity
      35
    
    
      false
      false
      R36.htm
      00000036 - Disclosure - 6. Income Taxes (Details)
      Sheet
      http://lantronix.com/role/IncomeTaxesDetails
      6. Income Taxes (Details)
      Details
      http://lantronix.com/role/IncomeTaxesTables
      36
    
    
      false
      false
      All Reports
      Book
      All Reports
    
  
  
    ltrx-20151231.xml
    ltrx-20151231.xsd
    ltrx-20151231_cal.xml
    ltrx-20151231_def.xml
    ltrx-20151231_lab.xml
    ltrx-20151231_pre.xml
  
  
  
  true
  true



begin 644 0001019687-16-005200-xbrl.zip
M4$L#!!0    ( %2$4$CLO LX@V$   G5!@ 1    ;'1R>"TR,#$U,3(S,2YX
M;6SMO7ESXSBR+_K_C;C?@<^GZ[SJ"-FEW795=]]P;7,\I[9;=G?-O'\F8!*R
M,$V1:BZV=3[]RP1(BJ(V9K;Q0#V?N\.:X#^31]?[TSTQ7KKD;-_1,
MFK1E$R?P7(<]_:O7_>M%_WV_VQOU^H/>V=,$QO&>!/ ,?#:&K[I]^*O7O^U=
MONX.7P_&_Y]DAP$)0C_IL/MTT>WVN]UN3[S^R].=9[/7^+F]WN7EY2O^;?SH
MVI/8>=S'X!5^?4?\92']\.B5^'+E4;;QT;%XE,6/6C3S
MG$_-LWOWX15\ <_WAJ?=WNF@%S_NTOX-OX0>:[PW[O?-?XQ!/Q"Z%_
M>D_(/'EA0OP[_G#T!1(S6B4&OO%O8A4ZB94# ?7:
MY[#]3B<&Q^+K*9>0'7A/ITN=\ZV3Z&OL]]<3GZ'A.#%>Q4T)93%=)Z!/@<&L
M7T\^>NY,D'<.% 8N_[G7/UWVG[Q&G8 %B^33Y'-FX3<3!I:*4TE7^!?C[-WU
M?Y_\AGK;ZPTO^Z-?7F5?7G;W:F-_46]SX+UKK5,!2N0%:'!^6PXG;FGYW=IK
M8!V7+_%Q+[NW5EZ)/U\A(/XP8NEV/E_Y7R>"L/'IH-LRW@H3%?RV'$#21?1-
M-4S:#L9_1=;A7^]<81'@#!L SBZ+*(ME1Y+94&7'L!UTH+]YWZE'CF%!C[GCY0VYTC6R*N/B.8
M2?!!6[.\UDR#JQW@4M9R;0!7RY;/BO,Y"4VTD;=Q^")7
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MOU_A@@1#OU'/!(COD=H^Y2. $6/C(B?'[',B^[BK1\
MNOIR^_WKE^M_&-=?WOWR:EM[Z_V]@Z& .W/M6/3IO^E"NL.T:=O:6KJ[]ZX9
MHKG +67I7L :_%_1?OKU3B^=/OIJ6EK:^GNKN!;"Y_X:)-[Z6XF
MQ/:IZ&&E@73+[T+/PX^9;Q+[GV"E\X[E--[^'\(4(]OM%S<-@"VMK7?[AVN'#ICW!2]NYA?L+M/*!G@+/GRG<]?#(*BH
M(R;=VS_1P.QK;;U73LT[8/>]Z\FKU,V,V%CH+6F>EWPCSB)-PDK3FQ1!B%P 
M^"-\)C_8_]M?58*UEK9WAPC+UQF>K]K47=)2W%GLNGSS7"LT@Q_$0V.VN#)-
M+R3V.YOX/OI35B2;%0(RY98,-+G\"YS8#8N:#%CN_WIR.@!3,QZ 3?OE5<[^
M*B53\&8WFZ-Q":INR1/UOY$%N;-I60;UA^TPF%+ZSOL/QSPM) &5^N*M+F
MYLL0(<&0X<4P!Q%\!S32JN_D\3/,I1Z#MKZ%L# &'OJ%F7'9$_J[MX>2I$AA
MY#P?*0F:^/8\]=Z#$^*SH+0"78Q69;.E_5)D2/#CLMK0*N$NL:&O*F\
MR;XA@\?:;_&0-R4*[Y7RQ>B\Q4/>E+.[7\KG#4AYLW\.+A>NS*17=3M-S6 L
ML2*(>RQ/WZ;*&KNGB,O*Z8M^!?'P,(A5"1][(PDZLSU71V]NOO9Z,BO6;01'
M#DP CWRAP0_7"Z;OB&V&/*ONH^OQJO@,*Z<7G@,OAI571A\2M<%"FMRR%GV@ KA_T*F;UKV& 9S_PAH(-YBK76KJW2MR^
MCJHA3()MHUXYNIA#XX<_$A/7WHOO=$886M.WKN>YC_ #++[@NV!1G'WG&;N8
MK]\ZJ):Q0>-^E53SB>DM+$PXZ+W7^Q@-5T==.=T'8LR^$_#[&#/L7IPWS!BD46X$)Z_+G)JUKR'Y[FS!.1H&M']%X_!T;5JL>&,53-
M)I@S)Y0%(0RF.38-^M5JRX9!5,VGOZ%SEK3^-\_U91<%)?ATV1]6RJ<-@U"0
M3_D/A^U=0F8V8S0?-Q]".D(^IB;2'Y3=3V$A<_5 /7)/XYGGF\>VK4WD_:54
MDE&*9]=?/I[\UC_K7=;B&.P:CU)LE#>#.]F(:7&JL]'?.Z.+UA/02W.SY 23
MYNR3SUX[S/[U)/#"]+58%8YRS6\YQ#C7$#3*@Z"*!UDYDSH)U\NK(LAJ\0.^HQ#*:NQ_XG?^2C"-NJY-CV
MD:QMU-DV'G.@UN8^HW,-LN/?4-5E=X YLR\G14QV"!\F$VKB D6\=Y.^NCPI._>N=Y.
M>N_PI._>@=Y.^K ,Z:D$:GXUR)-T>V4&I]8>RZ>=O&-B>L9\ V+NC \'"I(#CYTPIE!
M_PJ);02N$4 ;\#;FC1GNA/\Z]]B,1B_8H6]TS\Y'+PQH;WC6?=&)N[#@61(8
MC]3 7:  _C>( ?((IO;"^"MDYI\&APFVVCOK8E_X#S03=7=F7&-_S(^>@Q\<
M-S!F-.AP,E9)?V2V;=Q11*0,S>!'+FD^V[V/M44,E^N4KEO8C^O*.25KXU#K0,R]:(BYJX-4G;D[';$M$T!5
MH=F2K$Q\9^H]P*IQ,QE?7.>!M\)[]&_=@-CI[[%>RA%$9ONO8.N;WP,
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M!SIS@4H7/2)'0[>=)SDHA*:ZULH)I.8?$IRN6A"
MOZEH0F9DBK&TR@!-OZFHPAZ6KA_++&P;A]ML8]QRT;YECF3T)?OF)W'0.A)_
M>DL=X@37,W1#:'7'T7K1R?7=714G*+=!DZ8E9M\U0 ;<32Q^XS!_2JV_N:Y5
M_/3ZN#M7LI3)*.\_>ZX&$5K:H7;]H^E
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M8-WN9!LO08%,]&A3=8JDC'>FK&,>B@0N2L]MYY>9[>N5=@MT
M*E7?Z2)3BGAGIX#]P",63&GQWF%Q S88KXYV0]N%NY>JX]G/VWT2%"N#_ABXPRYJ9?R%,E,:X/A9L]!
MAJ)WQ,=+3? ?- L/Q,;%U%7PCGC>@CGW^];I>X!Y>;&J&%+=54BCC/*,UFH5
M-TFCU!;':-@]/RB-4A6?Q]G=\"(T+L^>E(->1J:99HMU*[?[D*/;Y8D]W&*_
M=J+-^!*#'@\R!<:V=%&*$BD^C"_&W2*4?*=XYH5:+%2
M8?:<]B[.+S.%M_=W5Q6!$EP# B^S-=SS$YAZ@OOZ&%KSZ!0OOHH/GWUR?1\F
MA:^36_)4W.O)+MKR]5L+V3*AH&K)YMH]=6V+>KZ(2A9WFR]@A;J:.+'6>-'N
M91SH\\O,RF%_]ZE($-CZ"GFQ'A/8UU4UI!6*(^0E;LC:?29_XWJI$6;M
M.FXO42Q;FJS,]N!*]9'4N?>WQ&2+%"3?5AFO-UB5*CZK('0H@J\R*1K51%;HF87B1N0"DFE%EKT\HK4 [<@I.NV?=5(;'GJXK
MH'2O+=]%Z;A)2O>:=V4HW6OR=U$Z+$PI+.N6:[Q*W EX9I39#DCWD9N W([#
MZ47F7$JY_G-["*>7F1,59<>?TQ@&/,*6-C1)CUZCKPK,CMH
MWA6>V;J;C--!>,?#4U]BE7RU(_=,5N?K ;&M/9:G+[\9Z&^(V-5(
M8&Y=R_AA]3,P;]2F!'DQ?JL$7"][]FKC2_[9L#A?(D!5M(/0
MO[WQ7CJ^4Y\2S\34
MI??T@=HN3Y6M^W-CJG?>:I"^_5W-^D=V,
MRD'?#;5M@.??J - M>&5*VN&Y[0#A.U#I?[U^6B023>1ZKLZB@NX1^/S@U*<
M&ZR#B][PP#S.ZX!=7O8KH)A?R_7-QDW>$??6%SPZR3:>*_(K1IFKJU?Z2,W 47R?=_0VSJQR7::%&U9Q8\[;K!:1=H7<\KSF;K9#HM0),$
M+-(T]=9HZOCPQ!.]]B^ZD>+OXW<=B(Q^9
M0QP3[W['FTS6$P +6_I5G9;OO5JZ"X7K*J'[.YV+ZA;^UPE>?L+EMC$_MIHE
M:'8!)=M[M73GYG<_FWQ8E&X0D4FIQ3<\\+YQ+#3U=9(ZKU.-S[I*[MY.*Z$R
MOY>3.=&8F\RT&+!D@K^Q$$-AVS#,5&78VETINHK4'EZ"K#
M*7F*(H9&V;NW[BUY^L&"*9ZK $OZT?4VUPZJ9N-QU3P6I:7.,>46PFA0RYBV
M3'EBX[AZ1P%\4"E784/_U5*>WST;C*NB/);=K7ME@F/GT:T5'BI:AF^&SO[N
MJR4\?R![7!7A6V25;"94C?*X<&C^_JNE/#_*1^=KN:?E0/$=4;\ RQS'
M)HK7".6N':Q?0$SP;34,'Z4JDYZ)J\C3&ZPG
MV>[NMQ)""R"U)\'0?'1RD[*<(]?KWA6W"5+6+--U=027SK&LBN!O'JS9F15?
MI1!M8H(/F"J/5]$9D'TQ!;]E.JR R
M_Z)E6(C&[>*(2Z15MP0?C;-)FCOZ+$U@;@Y>KMW'48J\]7)J%;D+>PW#>L]5
M49O?#%]>GE= ;52L[X?' OK>?:PF6G>>G7ZSO12C(W^$;$_G'K10
M8=RRG[TV;=E!WL[S'RT9^PV4U9;+HQ9BJ"D/K[(CN#;VC)7? YD+AXK
M3ND&"1:F='PPGLIEG\F-(A,#;Y+A50XCLX!K4AH[4UEEB,\<36]2!*5I[_7J
M-2W%9IQ:D9#WP%EF#JR>0[D/<]<]&ZQQJ*B-K5F6&UA7E-)>W;/!=IY6:$9[
M%XUCM99A7!X.X:4MZNAPF"]/>Z&9S)Q2*[3IUTFR/(@J<]_BBND6!O#6SI%^
M]-M_VL&;0"SS %-S8N'N_:\GW1/^NX\W1T>_$YO=.[^>X'80#LT/%C;]]>3.
M]2SJG9JN;9.Y3U\;\4]OC$=F!=/7QD7WQH,WO#LO?OF!>@$S
MB7W*VWYMW+E!X,Z63^/0^1M6_,8$AG7JL_^!CGK=>2 >A2?P\PW/7,2/D-G\
MS7^ W>$/O\(GXC=?!5;\XVHW2(YM\6Z,6S:COO&%/AK?W1EQ.N*#CG%#/3:I
MD(C,H(&7( %@>O^D$&5O#,1 S-U(F]"KRC-A1OC,B^G@KZ@;1**6L >V^,R.#'(WAK$YAM8!R&[]K,DAT-
M3D%R'-[ LC=&^TR,EOT1R/[8#50#>!PW/P^^O'82H(ZWGMNZ%CHC[O>:\.[OWO9'UQTHO]_W@7(R%T?CE_$.I97+#:=2.,XOCO<
MN,?+P^6$$5'8ST%@?8A>I:G7"--^RL6GWJ P41Z6\)6E:M@9C[KY*&N$6WE-
MI8:7DO :=[K#86OA5845_S%E =WG2]0[V._DT9@1F'09L26MM3(ZI H4RE*4
M2VOZG6Y7TLMN+W\T=.J!3J_?;Q=TFO:5BX^[5!P@=IH3JKCS;$PI+$_N%H:%
M&T#L+@QJ@57SL*G4P^;@SC6HT*J<3,F/VXO4^"/%G'_DU>F+OJ?%]XL*4'B[C
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M76FM:8O6#"\D/9MV ;?7<)=7@VE-:HTF
MY3@0U5X&:?S4AI\-DV[=$ 4@M K=LQ4-[A+94M&^W))62Y\:U5!HTJ/E_A?-<9JL!XM6+NR_KWB8&V3TU]]38!;-R#V=T7G!LS"I(]AJJ+M&Z_&C]4)V
M\:P\6FM=$E6L5W5K@SZWH 729H&H[&CR9XL<,?OB.J>F/F;6.C!J@2@F$.6#
MGP5V^W6V:TF7NA%_^4*RNI8Z7K&&C0JPT=O[C4;Z?3.[2LXR4J!WE@[M(2H3J^\5W$16
M+E*OL7KL6)5=\"@/U7QUJ//4D]Y>E?H#\1Q@BO^->C=3XM&WQ&>V6% 
MK=K+4J]B:4<=ZEY77WE?U+P<\J+8VZE'E_6(/\,#4]_X +Z+50,+2]57K/>F
MZEH)4TC>-^SI>*1=X]W4"D-UX[JM7?C=MUX^1$']\A>O:\QHS*B'&6TD#POX
M?G63O$(UVA4"N,9(31B1+.*D,?*,,:+MB,;(,[(CS].9.@B6>\,&HB.<4LFX
MWQW^D+[=([FXHV/0)Y-"0W,*>, [email protected]\SV/K%DA=84]5[XN7'>67<(8G
MOX&,0S.S@#K7OG&VK>-:4WM5&;*6K9:MEJV6K99MXT-N])J?X8LRMU)7GZ_U
MA08)Q;;K%[OY1^5KUU,WC[3I!O8D)Z%.NG-I\0N0QX/\5V-I(&L@*P?D7J<_DJQWH:&LH:PRE"\N\]\DIR:0VQZD?$\==\8<
M':9\QDMB+5LM6RU;+5LM6W5DV]AATHI#D_''^- *I^)PY6D>@/[@E:JH=4I@
MU.1^>>[#=&X8DC?KVY)>/KC=ZH R3+47RP94:QE!B-UV/$Z[!S<5XP"4WC5>/U$/9UT--XU7AM"5[!
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MJPV^>R!RTUMC6V
M6X5ML-MM*GU8QYVV566MQ'DQGVZ__R/5_!?7,8D_O78>J!_ BU>.]9$YQ,'4
ME%N/.#XQL6&_]EMO.;M_/8D6H?(9,1=5)L146_JCT &)1UXO1"SA&]\G7.F]
M9/Y#P;R'NAA0<:1),:1LC(ZJ!Y^JHITU;"5KW+4)=_W#X*Z"G9@:<:;E5.%N
MB+8'S\MC>7GM%-O'4 UDC%\E6EZ(;B+,8%SSYW#6!?\-"ON9\QG
MT"ATRBS04L]@*#1J^.&=#]_RKV )YTKZFZG80ALB!@T5V1[DIR;7HKY?7>7L
M P2A-% : \J@LNM;CJ#2P($,\A?7.<4 44(5,<$*^PR#0H8[V6:@8634,TPR
M9P&Q@5[B4\D]:&7/(![^9&%Q19++0P;#"H,3-*3U:I3O>KT+LO56]9FL[VRES.;L=VR
M5S?Q*MEBRYYC_^:Y5F@&/X@'KP2+]\PW;=/0-&=C,V
ML'LV8DX5>)LO)X%X)BA#IBQ)MU-J/$9LC<('/@\NN*&'_BVRW><4W5.'>L2V
M%P8\?$^-"3#9D!O/A1].]=X!L$1JY W_:,L(Y^N! Y)3Y
M@>OA/+ELCC[A4*ACT@[WS=%((,R0_ ZGA3@+XT_'?736:6&^'U(8R%=H//G0
MA?'<\VUF3@-01283:N)@8+Z*VY@09@,J@4,!"B7T*2X3<,P>([9O0,?(#V92
MPZ(V,,V+AQY,8? 6@S:]B+/ADF% S!5TB-P,[: C*'!,CZ\LL%&+QK^ ,!*:
M$^:;;F@#G0]@EOA^Q&*_+/:4;IJI/X=PG@G
MBY9HV$;:\ZC=Q+5M]Q'L("=') K,46;H"5DT "SY"!\WC<-(IAON^E)I>,J(
M85-O+4K)2+'V.1WIJ/"(48ZM>RU[+6!4F0>/$"QOK)'V5L"
MMBK3P^2C%$4W =[2>^8X<6@(J;DC-G%,*B>7 L?&FDSBJ9]_!7)YBA&5;T]M
M/,A'5R.\:N!,H@97 ^ :26[8*@@NY6^K6=F0R..0O)L2[SZ5TANX?+\'P_K1
M!I=D9I@RJJ8*9LI2E%.YZB1%!>9HW-2"FY[D 6Y5N'/ ZTCS!PA*V.7??7(O
MZ4R7(O$PF4BIBL6J *MNBO-=(3(H>(%(KYE2"K7?;:.1J2HR+R_;BTS%W/A2
MJ:$?''PW7]BE(=+T75,-7C0OZ;\I7G5'8_2(,2H;5506+ALF;5_@SU[7>S9=[]Q,@=LUFP>!YE
MIU)\?TY;?3K'44M1YSAJ=XU@7V'2.HTY#V\8GG>.H#S)UCJ/.<6Q4(W7^V"[_3>-Y=C=/MSN8\6>%@D0VX&LW.Z83,F+UX
MO0]F_-F&[X[*7$=6E-+#I12IP-P"+F!;(*A&@D*EN%0H84&#MRTJKK#]+)O(
MH )[*UI$%TAL&,7;E+)LD+PJ198YD4N6$'G[Y8>]XY54-V\5FPSO!%5N3*#D-CRZJR^#K=+<551UHO.\++@
MIHOR&KKCBI]]D8;M!Q_?T[O@&1URE/8"MUN-P[J\5;FQ^,A=.AZ0Q 'N$LKD
MK&CE%&68E8.>ICO?+[,**,(31,G)(8694='*]H#D[P3V]L00I0#7:$PF&402
MG,G!X^UA&H4LB@;"LP9"Y6>-ROD?JJ!L7.7\]O+:R0;2),"CW%JXZ"F?B@-<
M7\/ #TB45>)Z'K_=SC=J,^^6"??J*]#9+_[QH?GUK[%P>I[)&1]*F 7CV?EZ/4:.^>M2/>@I#7HN^
M5H/7D_3PE#!WN_-JU[>=UK:H OAPZMK 3O_#7R$X6E_<@&XHZIEKOZKR:\XS
MAP.[9R/F5,%8I:Z2MZ-0S/3T+?&CH^;?;.+X7 >WA6SJ&8;JW):?8]$G
M0 PS!Z-G[($:<\[3.?5F+$AB-O>8?8XS,_7;R!5_ASG XR
MGWO49 0;$\8+1@_=G3Y JW&+'4X$C&#B>C,\UF3XB!N?5R4 UXTN
M*#+/8M!DX()[@:^!,ONA#8Y'X)\95]SE6,E8'O0Z!BHU=AL-0)(HU]M$TR/U
MJ.$N?9TSC>%\&$Z, _[ N)7@4OG*$6='1AO*4.:LTC\0UN?4"1P!H9$]>V1?QCU0[-0\\/X3%. 2@Z
M]G,%_5OP'NKU=]!%@HT Z5U#0.0ZL5HXD;Q6AM,YA2^7 Y.)OG4S!VZDQG :
MN',.[.C7V,%;CFS[(A->7:X>-T8$NV?]M(;L"AYF'MW#SY=D3WZT9#O$B>"&
M,PD SIR")V+T1EV>H1DO":3^1-8?9I=/ %K/==@33#VS&;0M>LVH0.3/@HL]>@&-Y:,!VXK5!^BQ;=$?D'!#YX%0=#';G7,5PN<].H/I
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MRY%S',!IJQU647O:K2C2&S#'48%*QQ,:RQ OB5YI4\(9L+LU_N[;J-SUY\F[KQY.2@ZB'5YD=Y V'V^F3G>_^)A(H\Z5R-#A&-420
MG!M7VH IQK0UH[:D;R!-X&5_J-&FT=80VGIGLJ>VE>3<(>ZN4\.GJ)DFV=GT
MH^M-**LECT0]_BEMG0[/GE*W\_7/U4%0Y?$[#9RZ@-,[.V]='$'YY:!JB*AD
MIOKP-&>>GJ>TN2DU3XT4LC9ZFFH-;OIGLK5BU&&17EL=?,82R6V2
ME;@_$K84]A_$#K6-:\K&[=CV5E(A=,6>K:/3]9TT6G1]IY;:816UI]V*(DO]
MT=1WTJ&+ND,7NH+4,@\/=W5U^:C:-.LHV%,FO>A"XZ%8Z6)02GB7
M-2P$_^!WO,L1JOA).GWV\^C/?KX\ES1V!X-J#7%&C= 6(;1W-E(=HBHL8EL:
M#]6'DG<9IF=UNK,2ZW2(8YZ2JU.-V>/#;,M.)/?.>L<"UD.<2%XE[-!'?#_,
MYK:[H#0ZU_LM],PI\:GQ#29>3N#=/F[J\[V[2/H:>NB1#(R=C$:*7@93:D0C
M&)Z_^7#S[5O\V\6;GPWF&\P)*+#%P@._<\]]8!8U:-2L+XX$$\=PYW/7"T('
MCPGC@W%'>$38=&7X<6 P)4 U0.1,([*1
M$^>P?@ '&^6/,M#GS+,-UWO._+SA<^9E%V[U)1152$'=25:RI)8YA=$TSPJ$
M()3$5[[XG7J@*YR>+#N4:K+<-3S55655S%_IQ. 6@*SL!FGD!HQV[$#G4VR#
M/!!F0NO-P17EV2N-@&G%P-:@>^O^9L]AP
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M#98$K>TEN8X@R2(!;6Q'IIA \)%-FYIW";7JD\ZGD].WQ(]6(N_)L5]U$GH\'U58ALV<^"!
M@,Y0@U"K0H>$%MX"#&TA.T6K#O?_<(<6R(9_9IP4=R)H &46FZ9Z5R[;L-RN
MG/0V7*^KR#[K&!^^7,7MU*-+-_TS/##UC0^8?M$N%BM)E,)ROV%/QR'U
M.O?!GF.MJ1JQ656MJ3AXD(QAT.N4B.XH!&:-'8T=;0C5 ',+BNX5#YRJ!EZ-
ME0:P,M18T5C1=D5C1=N5Y^1 M=OQEZ7^:.JN-F%5E"59FJ[-?].NE1@T.:0#5!J!+?:V(
M!E"9R7TD>_-UWQ;X*X: 5(%7[)'WMR V FE^\ZUUJ_GN@B\I(X?XKZ"D62(6?D:\!JK
M1X_5L;X01F.U'5@=7FBL:JRV ZNCH[FTZ!#WP& WSZ@ZR[ZUQX::.Z+0#CR&
M]:Y$+0Z/S@AS\)'0\:CIWCOPM;6_!H]'^?TF6 0+J^RD[X]+OTL>B6?Y!N%5
MN=9*\>GR.MF&Z[WTXD(7VVGBC%*-9^GD=Q0CM6X71Y4D2HM9'X'4N%NA_O>4
MK] NIBI)E,*2_L';::&4M8%I,^S2]5?;Q50EB5)8TE>@CN1^61CRGY1XDB=W
M5>'N$5L;78YDAXGR)1,S52]'HK%2-U9NW83Z[['C?!S8.5;#UV[)B%[3HH<."RN,)M6N7.LAH
M_*!\O<2HP2"-G[KPTSUK'8#:=,PYGS>=7+S'1>@G] #A5%S0IQ6K+8K5&TN>
MF&LWAS2 :@-0^RWS\[JE59:D:WZUJ4<-@O\["V/F6FP" ^:A%,,5-^"8>%VK
M;<
M">E1G&IG45DH\)[K:'%BLTA$WO?WI1V;;"7F<
M B =!P_0I<#8Z.99X]XC\!N&^Z.K+-<9L>TBV%]>A?[I/2'SUWS>G;HVL-7_
M )P*%E_<@+YG/EX\"X.ZA4[?VO#,;__[?Z%M^B5YT9Q2*[3IUPF_"I7?A)K>
MA.<-?Q71L2LS8 _0]"UJ0](BWJJ)ZOB=3GX]^>BY,\SP/>V>GW9[@ZZ98<-VV6]GFVED)7;U]#86WC9YU4IA6=JWLSTG9XP2M5O%3
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MLZ[D>E=YL&XO()(JV5"Z\L+V6@X?9G/;75 *@WU@)MW7-9$7/SY\7OSMU*-+S^PS/##UC0^.U<*"
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M?,O)4_X@/UZ[D^'RVIXX&%QJK&:CNP.I)-=U0>J_E*I%11&28WB7ZG,\(G)L%U,59(HA27]@[?30BEK ]-FV*4]['8Q54FB%);T
M%:@CN5]6]_LG)9[D\4M5N'O$UD;7E-AAHGS)[#K5:TIHK-2-E5LWH3Z)/QT'
M=H[5\+4;M[+4'TT]DI4F#BO'JF2CTM +*'I%]3Z&XX;.FO*JZO&5'W(:
M[]4]TMSK]/N2QU:4/-6L858%TQH\0G\F>6/+84[LYI %4&X#:;YEWIR(6SA#Y$89X5<+^4Q%>^O3?U0%=XHTUV*-R(2L8!MN^Y:7BJJ\JJF+_2>VHM
M %E%FSNCP8N*%-L@#X39W&>9N)[!?#]*]N3R/L!\+L>
M+:[\ROLR,77Y98 L-9?=_$5H#\221J+EZS4&Y(L)R X7JX=Y#W19979%>79*
MXV :<7 UJ![Z$06C(A2T#/9Y9HF-?ECU2G ->)=-<%?#RUY=9V^M,7-P3ZB3M?&^0.=KO@F6[S!-H?C50_5=1Y)
M5U/7MM-8C;I=] JJ6[H\TN$GLMUQW=Q!V /&;]"">]PD6]="OL#7YFT> WIC 4^,]";1I.0;3HH!D%(9]F=P5!3BK)%$*
MB_LC84MA_T'L4-NXIFQH&U>16J:%.&BUUHV6>FE\Y^)?9*'J<[,;[?_.X;;ACX >@+S @%
M\I<4'*A\=,2_$B6GFD$-KVSR]8!1_FB'TE626][!OZ!;,H*
M><-A^1,"/.!>QU:]XDS=?\9"!9.D&-/6S-22OAU':C($GDO>&'[email protected]
M>F=-.%:U<>X8:[0T.566GA[_X-43Y A5_#;;8AS5%R_+\52)BY=?GDL:NX-!
MM88XHT9HBQ#:.QNI#E$5%K$MC8=6>>Q*)6%78YB>U3VF-9PC:R8.>RSWF6K,
M'OO=N[VSWK& ]6 G(S],)A1?H=>.Z<[H+7GZ3@**EZ4X)K,9;[/V>W57<;7C
ME&.OVWUQLL*H0ND>Z]+:6="@ O,C-J?%T73I/
MG^&!J6]\<*P\Q"%/AB==ZR!S-:/<
M& X3VD]539:,FQ>32%U6*EU\NK8!Y O[O\A'^8LMHE>8VQK8SQ'80PUL#>QC
M!'9? UL#^QB!/3HZ8.=+1,B?/9#-1$A>?,]\TW;]T"N8:3!?79/*<')&O'L&
M7.QF;C?HGHV84P5;YTM6QOPL0Z8L23^H$0; _O^A1C"E!LCA#GX+%L:,!E/7
MPNI:2 XQ35A$!IBZR,O'%?P):=@#@-T+=_PI^ZC\UH9_AU"
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MCR=3\:P@D5O50>*FY(&*!"N$YW9D&N0>&O<#3L(6'B!HH=^5[;:XEATG_1LT/X:5C<-#.9F46ES]D9^F3=@L,7" 3N80T' 39 1( U'<
MA3YSJ.^?&3]$LP@P,P2Y.0%@CCSB9_ <<1;0HSG=T(\KY!AUQ3&-+]&G.9"'
MXGFR._7^=8.$LX%O+$DY5,:CXR%T\H4>LY/3<-4+FD4U/GX@3>*[#
MGCH&&,TSXR5J7D3G\/Q-Q-]._,E%1%WRP/+]Y2.I]Q_IYL]!9]-?@/XMOPO]
MY3<_HQ=%#-1H)F8VG$(>7>]/5%]34!?-0O ))VY&S"D8 [0O\8\OEZU_[G].
M-X_&\!IW-7!F GMV.^6V*_7"M7N;?L%W[1#5&"SC5S \T+45@K6!6;@*_FA.^.GA0\1^=\M9KHD'"$8*UGLKE-5\S<[V GX?_I_\25.
MR15NEH*QNK@![2 Q"SSL$=I6M$;B-(,P_@V+'PY]I"8A/"6[/=)"0L$QYD:6
M>A0&&9TS@<=]$YY=P*(;3"JND%:6,.CTFG9H"8F"L17\N
MX/3SB<8T/:!.#)I8_X:.Q9OE^EFN(I.%E<\:6I@"LMBVT+/9G(H45%/ 1><3Q2:1*
M2ZL +L<,F!3@>O\Z2$$\A*X\F+Q=*UIW+<])@4PCV4QBE@&&:Z7(,W\8AP89H
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M)/SA_Q$TQ$W %Q:=,S,0C@^ZV;(
MG;C?B8W![<3'95;D6ADLB/R=*%QCTGA#$TPQC5=3PA-R?;K>.?B0CF&Y7 QN
M![N%GUQ_0NH^#7%%4[L_HJXSC
M*$25-NBQ)(6T$DD!"F8L&GHH=BDHX^3A1E<0Q?VY,[BRUR5V"L1^"#(_$B8O
M2L#'_/?07D2K,@1I:H,JV4?%=M!#COW,A*B[!1>19?%6HQ7?&V/J/F*5JE;
M7_>F% H$%NTKI]Y"."Q75-$B+KUVO:/0$6X;"RX)C_RB$VU'.VLC6.ESPV(X
M(F%#H^?)5M-RFXE&^XE8"V(*FIJTC L'$U=L=. FO<.U#N-%L9F(0+Z.,2ME V
M& IC8LU]'UL C_E\=E[C0F;BB=LK:S;'9\8'@N$N;F'BL".F"?&9C8=Q=IM 
M0!=,'[&U21O$/>;&T*:F$E.3=14B0S/AD_&*!\HA#8B?V[#&C*9[!!I@$I&=
M"L.A,)D#OB)/LD)HB2G)='U4X_1\?IFR";[KSQ E" Q&/N2.,&MND?MRH
MS7#_(BG!Q,>V,NYD41=^>L21:/F0D<'9TJ8)F*"9XEX.\"#I2=;:C$:'+0RJ2:7Q\/KBN2*G>")UOU,6UU(M^?,VR6Y'ORSN,UKCN9
M0 ?<1$76EQ@K-$<@'.$S9.5[5$D)G9UA53]Y1DUX;+
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MXHU+"X;K1PQR"/.&M6Q;\YC/Q0'L'
MR7)M795VZ=56O<@JT#?,YF'6AR>\/Y=>.1:_6?>*V]%WT7235J4K_^M$J-+X
M=- ]@44R$U_\?O/^!$!E@MQL_]>3T\');\,N_ED2)=%79>0)[=Y)WABFK)+D
M?4*O^NOD'3K105EVG6?8M:GQX@1(,*0( 3PE2F3?9-//O'6;_>A)X
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MC7>4ZX$S#;>$]LN[+7QWF M>RU[;: 4F0?'S<^#+Z^=
MA)Q@ZH8^./'^SVJSKP#8*KI\>C@N=?FT+ \^,H?Y4UB8\006.6$4N,ZQ/D2O
MTM1KA&D_Y>(3OXNQ&%'YKL;MC$?=?)0UPJT&;@O5\*H?7N-.=SAL+;RJL.(_
MDK(0.WR)>@?[G3PF6WV2UEH9'5(%"F4IRG>M+C+A4'B)WFA"J1_3VE-L^)L9@?>.P.+_&MV$8W'+U8W5O8$FY09XZO
MF^)&ZVY%/F\<5S]U9?K0KR^@=4'7GL8[Q7]1^H#@[ ='$\4^S:4;X7PXN
M$I):FK17X_Q\.B$S9B]>[^,E?_:1XF0AMG$;3[DH3.GADO=48*Z21"DL\>+)
M?BHPML!2NBT&1XW$KTHQJ5 BF"+@U5C16'E6ANY$%EKC0M#:,0]6M]2* ;IC
MI14YWC5TFWN)FLYBE/J327749^KNH5&!"CD5Y6>FXZ,\$B"^6(]VX
M\99*8ZV;GP4368N0E6\?HB>95]4POTIF2FN0J02RBU&Q;&DU0*:RYU=TY%=X
M.P&6^E])HH[IF8>>.24^S9&RIXC"J8.:\C3E.Y(PDDQ>:C>'-(#J$GQP%#-1ATC/[OOLTHK3'J:,RH
M=1JC\:,2?H;:]57 ];W%J6)U #;_73G+-$06]4MHZ&:HS58#U:L'9E
M_7O%P=HFI[_Z\AJW;A#=[,3G)'X*-KZOR,Z<3JY5VY6J9*!()E>-U.92]D%G
M=%[P+$RJFH$:ZJ[1>OQHO9!=/"N/UEJ71!7K5=W:H,\M:(&T62 J.YK\V2)'
MS+ZXSJFICYFU#HQ:((H)1/G@9X'=?IWM6M*E;L1?OI L5*>.5ZQAHP)L]/9^
MHY&^'.'PV 0G=-61>*4#]JT*V/?[9 N.3Z_O&'&:\FRGQ:(/$'UD)][?$9R:O1V4Q
M.PRHA=>^&';,79]S%PEBO@%.E!G:!!_BUY(],%3!Y0OP(3@AAMCA@(<(N%[D
MGAI.B$6K47*F.YN!#'FKON&&@1] U]B(%7J\ACR\3^9S&R#/B\G#J%SKK"FA
MMK)8?ZFK$E8J^'-R,E7\42#FJOJM Z3^,O[E[H-011C%"_ZOSM([*OSWNE64
M^-_ 3'V;?:VWV=]./;JL]/X9'ICZQ@

HF>85NOU ( MX!HC-6%$LCR>QL@SQHBV(QHCS\B./$]GZB!8[@T;B(YP2B7C?GR?)WUO4G(E M4L>@3R:%AI+([email protected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email protected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email protected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email protected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