Research and Development Expense. Research and development expense primarily consists of wages and related benefits for our research and development staff, independent contractor fees and vendor expenses directly incurred in support of internally funded research and development projects, plus associated overhead expenses. For Fiscal 2013 research and development expense increased $3.5 million to $7.6 million or 87% from $4.1 million in Fiscal 2012. The increase is largely related to the development expense of our Texas-based cyber security office, which we opened and began staffing in April 2011, and the acquisition of a research facility in Italy in connection with the acquisition of Bivio Software. Many of those expenses relate to the hiring of highly-skilled developers and support staff, software licensing expense, independent contractor fees and various operating leases of facilities and equipment to support product development. We expect to continue to allocate significant resources to the development of our cyber security products in future periods, which may result in further increases in research and development expense as compared to prior fiscal periods. However, no assurances can be given that we will capitalize on our research and development initiatives."
NOTICE THERE IS NO MENTION OF:
Transgendered ex-shysters they hired to pump this pig and blackmail buyers that are into the "alternate" lifestyle.
Big Boobed ex-employee hired to seduce potential suckers into dumping money into this SCAM.
SETTLEMENTS with ex-employees to not disclose nefarious behavior.