LOCM » Topics » Research and development

These excerpts taken from the LOCM 10-K filed Mar 30, 2009.
Research and Development
 
Research and development expenses consist of salaries and other costs of employment of our development staff, outside contractor costs and amortization of capitalized website development costs. We expect research and development expenses to continue at the same level for the next year.
 
Research
and Development



 



Research and development expenses consist of salaries and other
costs of employment of our development staff, outside contractor
costs and amortization of capitalized website development costs.
We expect research and development expenses to continue at the
same level for the next year.


 




Research and development
 
Research and development expenses for the year ended December 31, 2008 increased by $516,000, or 20.2%, compared to the same period in 2007. The increase was primarily due to an increase in recruiting fees, an increase in consulting fees and lower capitalized research and development expenses for website development. We capitalized an additional $234,000 of research and development expenses for website development and amortized $316,000 during the year ended December 31, 2008. We capitalized an additional $330,000 of research and development expenses for website development and amortized $187,000 during the year ended December 31, 2007. We expect research and development expenses to continue at the same level.
 
Research
and development



 



Research and development expenses for the year ended
December 31, 2008 increased by $516,000, or 20.2%, compared
to the same period in 2007. The increase was primarily due to an
increase in recruiting fees, an increase in consulting fees and
lower capitalized research and development expenses for website
development. We capitalized an additional $234,000 of research
and development expenses for website development and amortized
$316,000 during the year ended December 31, 2008. We
capitalized an additional $330,000 of research and development
expenses for website development and amortized $187,000 during
the year ended December 31, 2007. We expect research and
development expenses to continue at the same level.


 




Research and development
 
Research and development expenses for the year ended December 31, 2007 decreased by $274,000, or 9.7%, compared to the same period in 2006. The decrease was primarily due to a decrease in consulting fees. We capitalized an additional $330,000 of research and development expenses for website development and amortized $187,000 during the year ended December 31, 2007. We capitalized an additional $392,000 of research and development expenses for website development and amortized $174,000 during the year ended December 31, 2006. We expect research and development expenses to continue at the same level.
 
Research and development expenses were 11.9% and 19.9% of total revenue for the year ended December 31, 2007 and 2006, respectively. The decrease in percentage is a result of higher revenue without a corresponding increase in research and development expenses.
 
Research
and development



 



Research and development expenses for the year ended
December 31, 2007 decreased by $274,000, or 9.7%, compared
to the same period in 2006. The decrease was primarily due to a
decrease in consulting fees. We capitalized an additional
$330,000 of research and development expenses for website
development and amortized $187,000 during the year ended
December 31, 2007. We capitalized an additional $392,000 of
research and development expenses for website development and
amortized $174,000 during the year ended December 31, 2006.
We expect research and development expenses to continue at the
same level.


 



Research and development expenses were 11.9% and 19.9% of total
revenue for the year ended December 31, 2007 and 2006,
respectively. The decrease in percentage is a result of higher
revenue without a corresponding increase in research and
development expenses.


 




Research and development
 
Research and development expenses consist of expenses incurred by the Company in the development, creation and enhancement of its paid-search services. Research and development expenses include salaries and other costs of employment of the Company’s development staff as well as outside contractors and the amortization of capitalized website development costs.
 
Research
and development



 



Research and development expenses consist of expenses incurred
by the Company in the development, creation and enhancement of
its paid-search services. Research and development expenses
include salaries and other costs of employment of the
Company’s development staff as well as outside contractors
and the amortization of capitalized website development costs.


 




These excerpts taken from the LOCM 10-K filed Mar 10, 2008.
Research and development
 
Research and development expenses consist of expenses incurred by the Company in the development, creation and enhancement of its paid-search services. Research and development expenses include salaries and other costs of employment of the Company’s development staff as well as outside contractors and the amortization of capitalized web site development costs.
 
Research
and development



 



Research and development expenses consist of expenses incurred
by the Company in the development, creation and enhancement of
its paid-search services. Research and development expenses
include salaries and other costs of employment of the
Company’s development staff as well as outside contractors
and the amortization of capitalized web site development costs.


 




This excerpt taken from the LOCM 10-K filed Mar 16, 2007.
Research and development
 
Research and development expenses consist of expenses incurred by the Company in the development, creation and enhancement of its paid-search services. Research and development expenses include salaries and other costs of employment of the Company’s development staff as well as outside contractors and the amortization of capitalized web site development costs.
 
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