Prism Technologies (PRZM) 10-Q 7 Nov 13 2013 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 30, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'INTERNET PATENTS CORP	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	7,751,952
Amendment Flag	'false	'
Entity Central Index Key	'0001077370	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$30,755	$31,068
Short-term investments	249	1,497
Restricted cash equivalents and short-term investments	1,000	1,000
Prepaid expenses and other current assets	216	169
Total current assets	32,220	33,734
Property and equipment, net	4	32
Other assets	29	27
Total assets	32,253	33,793
Current liabilities:	'	'
Accounts payable	407	234
Accrued expenses	263	346
Total current liabilities	670	580
Accrued lease obligations, non-current	494	'
Income tax liability	101	101
Other liabilities	45	'
Total liabilities	1,310	681
Commitments and contingencies	'	'
Stockholders’ equity:	'	'
Common stock	11	11
Paid-in capital	221,750	221,726
Treasury stock	-6,788	-6,788
Accumulated deficit	-184,030	-181,837
Total stockholders’ equity	30,943	33,112
Total liabilities and stockholders’ equity	$32,253	$33,793

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues	$0	$0	$0	$0
Operating expenses:	'	'	'	'
General and administrative	598	473	2,211	2,289
Total operating expenses	598	473	2,211	2,289
Loss from operations	-598	-473	-2,211	-2,289
Other income, expense, net	8	1	18	169
Net loss before income taxes	-590	-472	-2,193	-2,120
Income tax benefit	'	61	'	61
Net loss	($590)	($411)	($2,193)	($2,059)
Net loss per share:	'	'	'	'
Basic and diluted (in Dollars per share)	($0.07)	($0.05)	($0.28)	($0.27)
Shares used in computing per share amounts	'	'	'	'
Basic and diluted (in Shares)	7,752	7,752	7,752	7,629

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Loss (Unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net loss	($590)	($411)	($2,193)	($2,059)
Unrealized gain on available-for- sale securities	1	'	'	'
Other comprehensive gain before tax	1	'	'	'
Other comprehensive gain, net of tax	1	'	'	'
Comprehensive loss	($589)	($411)	($2,193)	($2,059)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net loss	($2,193,000)	($2,059,000)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Share-based compensation	24,000	'
Depreciation and amortization	11,000	15,000
Interest income on short-term investments	'	4,000
Impairment of long-lived assets	14,000	'
Loss on disposal of equipment	3,000	'
Loss on sub-lease	685,000	'
Net changes in operating assets and liabilities:	'	'
Prepaid expenses and other current assets	-47,000	989,000
Other assets	-2,000	1,000,000
Accounts payable	173,000	-3,200,000
Accrued expenses and other current liabilities	-274,000	-206,000
Income taxes payable	'	-644,000
Other liabilities	45,000	-96,000
Net cash used in operating activities	-1,561,000	-4,197,000
Cash flows from investing activities:	'	'
Purchases of short-term investments	-1,494,000	-2,229,000
Redemption of short-term investments	2,742,000	1,956,000
Purchases of restricted cash equivalents and short-term investments	-1,000,000	-1,000,000
Redemptions of restricted short-term investments	1,000,000	'
Purchases of property and equipment	'	-10,000
Change in interest receivable	'	-1,000
Net cash provided by (used in) investing activities	1,248,000	-1,284,000
Cash flows from financing activities:	'	'
Proceeds from issuance of common stock through stock plans, net of repurchases	'	5,127,000
Distribution paid	'	-38,612,000
Net cash used in financing activities	'	-33,485,000
Net decrease in cash and cash equivalents	-313,000	-38,966,000
Cash and cash equivalents, beginning of period	31,068,000	70,326,000
Cash and cash equivalents, end of period	$30,755,000	$31,360,000

Note_1_Business_of_Internet_Pa

Note 1 - Business of Internet Patents Corporation	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1. Business of Internet Patents Corporation
	Internet Patents Corporation (“IPC”) was originally incorporated in California in February 1995 and re-incorporated in Delaware in October 1996, and is headquartered outside Sacramento, California. IPC’s headquarters mailing address is 101 Parkshore Drive, Suite 100, Folsom, CA 95630, and the telephone number at that location is (916) 932-2860. The principal IPC website is www.internetpatentscorporation.net.
	On December 21, 2011 (“Disposition Date”), in connection with the sale of substantially all of its operating assets and liabilities, the Company changed its name from InsWeb Corporation to Internet Patents Corporation.
	Since December 2011, IPC’s business consists solely of plans to license and otherwise enforce its portfolio of e-commerce patents (“Patent Licensing Business”).   From its inception through December 21, 2011, IPC operated an online insurance marketplace that electronically matched consumers and providers of automobile, property, health, term life, and small business insurance. IPC was among the earliest companies operating exclusively online, and we employed a significant staff of software and systems engineers to develop technology leveraging the power of the internet. Although our principal business focus at that time was online insurance lead generation, the problems that our technology experts faced were common to many e-commerce companies. IPC's innovative solutions to these problems are now covered by patents that we believe apply to many e-commerce activities, including:
		●	personalized product recommendations to web site visitors;
		●	retargeting or remarketing to web site visitors;
		●	online registration and application processes and forms;
		●	maintaining consistent look and feel of web pages in multiple languages; and
		●	generating quick or even real time product rate requests.
	Under U.S. law, a patent owner is entitled to exclude others from making, selling or using the patented invention for the life of the patent, generally twenty years from its filing date, with some possible term extensions by statute. The patent holder may grant one or more licenses to the patented invention, typically allowing the licensee to make, use and/or sell the patented invention in return for a royalty paid to the patent owner. A patent owner also may sue and recover damages from unlicensed parties for past patent infringement and sometimes future royalties. Although we intend to attempt to negotiate a reasonable royalty for licenses to the patented technologies, we may not be able to reach a negotiated settlement with the accused infringer. In that case we expect to vigorously litigate our infringement claims. To date, none of the Company's patents have generated direct and specific revenues or been subject to a final adjudication of its validity.

Note_2_Basis_of_Presentation

Note 2 - Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Business Description and Basis of Presentation [Text Block]	'
	2. Basis of Presentation
	The consolidated financial statements include the accounts of IPC and its wholly-owned subsidiaries, Goldrush Insurance Services, Inc. and InsWeb Insurance Services, Inc. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements.
	The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X. Accordingly, they do not contain all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, the accompanying unaudited interim condensed consolidated financial statements reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly IPC’s financial position as of September 30, 2013 and the results of operations for the three and nine months ended September 30, 2013 and 2012 and of cash flows for the nine months ended September 30, 2013 and 2012. The financial data and other information disclosed in these notes to the condensed consolidated financial statements related to these periods are unaudited. The results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results to be expected for any future period.
	These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in IPC’s Annual Report on Form 10-K and other information as filed with the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to such rules and regulations. The December 31, 2012 condensed consolidated balance sheet was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States. The Company believes the disclosures in its notes to the condensed consolidated financial statements are adequate to make the information presented not misleading. IPC has evaluated subsequent events through the time of filing these financial statements. Based upon the evaluation, there was no material impact on the accompanying condensed consolidated financial statements.
	Recently Adopted Accounting Pronouncements
	In 2013, the Financial Accounting Standards Board ("FASB") issued new accounting guidance clarifying the accounting for the release of cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity.  The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2013. We do not anticipate that this adoption will have a significant impact on our financial position, results of operations or cash flows.
	In 2013, FASB issued new accounting guidance clarifying the accounting for obligations resulting from joint and several liability arrangements for which the total amount under the arrangement is fixed at the reporting date. The new standard is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2013. We do not anticipate that this adoption will have a significant impact on our financial position, results of operations or cash flows.

Note_3_Fair_Value_Measurements

Note 3 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	3.  Fair Value Measurements
	The following table presents the assets measured at fair value on a recurring basis as of September 30, 2013 (in thousands):
		September 30,
		2013		Level 1		Level 2		Level 3
	Assets:
	Cash equivalents	$	26,305	$	26,305	$	—	$	—
	Short-term investments		249		249		—		—
	Restricted cash equivalents		1,000		1,000
	Total assets at fair value	$	27,554	$	27,554	$	—	$	—
	The following table presents the financial assets measured at fair value on a recurring basis as of December 31, 2012 (in thousands):
		December 31,
		2012		Level 1		Level 2		Level 3
	Assets:
	Cash equivalents	$	44	$	44	$	—	$	—
	Short-term investments		1,497		1,497		—		—
	Restricted short-term investments		1,000		1,000		—		—
	Total assets at fair value	$	2,541	$	2,541	$	—	$	—
	Cash equivalents, short-term investments and restricted cash equivalents and short-term investments include certificates of deposit, money market deposit accounts and money market funds. The carrying value of these cash equivalents, short-term investments and restricted cash equivalents and short-term investments approximates fair value. For these securities, IPC uses quoted prices in active markets for identical assets to determine their fair value and are considered to be Level 1 instruments.

Note_4_Restricted_Cash_Equival

Note 4 - Restricted Cash Equivalents and Short-Term Investments	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Restricted Assets Disclosure [Text Block]	'
	4. Restricted Cash Equivalents and Short-Term Investments
	As of September 30, 2013 and December 31, 2012, restricted cash equivalents and short-term investments consisted of $1.0 million each, respectively. The $1.0 million is used as collateral for a letter of credit of the same amount which secures the Company’s obligations under the office space lease for IPC’s former corporate headquarters.

Note_5_Accrued_Expenses_and_Ot

Note 5 - Accrued Expenses and Other Current Liabilites	9 Months Ended
	Sep. 30, 2013
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]	'
Other Liabilities Disclosure [Text Block]	'
	5. Accrued Expenses and Other Current Liabilities
	Accrued expenses and other current liabilities consist of the following (in thousands):
		September 30,		December 31,
		2013		2012
	Deferred rent	$	—	$	226
	Accrued lease obligations		239		95
	Other		24		25
		$	263	$	346
	In December of 2012, IPC recorded a charge of $95,000 to record an accrual for its continuing lease obligations relating to a formerly occupied facility in San Francisco, California. The facility is subleased to two unrelated businesses through the remainder of IPC’s lease term. In evaluating IPC’s continuing lease obligations for this facility, IPC must make assumptions regarding the estimated future sublease income relative to this facility. These estimates and assumptions are affected by area-specific conditions such as new commercial development, market occupancy rates and future market prices. As a result of the current conditions in the real estate market where this IPC property is located and the inherent risks associated with its sub-lessees, the Company recorded a charge of $95,000 in December of 2012, representing the difference between IPC’s lease obligations for this facility and sub-lease income it expects to receive, based on sub-leases entered into, for the duration of the lease. If this estimate or the related assumptions change in the future, IPC may be required to record a charge to increase its existing accrual.
	For the quarter ended June 30, 2013, IPC recorded a net charge of $606,000 to record an accrual for its continuing lease obligations relating to IPC’s former headquarters in Rancho Cordova, California. During the quarter ended June 30, 2013, IPC discontinued using this facility and subleased the entire premises to an unrelated business for the remainder of IPC’s lease term. In evaluating our continuing lease obligations for this facility, IPC must make assumptions regarding the estimated future sublease income relative to this facility. These estimates and assumptions are affected by area-specific conditions such as new commercial development, market occupancy rates and future market prices. As a result of the current conditions in the real estate market where this IPC property is located and the inherent risks associated with its sub-lessee, the Company recorded a charge of $606,000 in the quarter ended June 30, 2013, representing the difference between IPC’s lease obligations and broker fees associated with this facility and the sub-lease income it expects to receive through February 2017, the expiration of our leasehold interest. Also included in the charge is an impaired asset for leasehold improvements of $14,000. The charge was offset by the unamortized portion of deferred rent, as rent expense was recognized on a straight-line base over the life of the lease. The Company recorded this charge in the statement of operations in general and administrative expenses. If this estimate or the related assumptions change in the future, IPC may be required to record a charge to increase its existing accrual.

Note_6_Disposition

Note 6 - Disposition	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	6. Disposition
	In December 2011, IPC completed the sale of substantially all of the operating assets and liabilities of its insurance lead generation business to Bankrate for an aggregate cash purchase price of $63.8 million resulting in a gain of $53.7 million, net of tax. During the quarter ended June 30, 2012, IPC received a supplemental payment from Bankrate of $67,000 related to the collection of outstanding accounts receivable at the Disposition Date. The $67,000 was reported as Other Income for the three months ended, June 30, 2012. As a result of this sale, IPC no longer conducts the lead generation business. Instead, IPC now operates a Patent Licensing Business.

Note_7_Net_Loss_Per_Share

Note 7 - Net Loss Per Share	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	7. Net Loss Per Share
	Basic net loss per share is computed using the weighted-average number of shares of common stock outstanding. Diluted net loss per share is a measure of the potential dilution that would occur if stock options had been exercised.
	The following table reconciles the numerator and denominator used to calculate basic and diluted net loss per share of common stock:
		Three months ended						Nine months ended
		September 30,						September 30,
	(In thousands, except per share amounts)	2013			2012			2013			2012
	Numerator for basic and diluted net loss per share:
	Net loss available to common stockholders	$	(590	)	$	(411	)	$	(2,193	)	$	(2,059	)
	Denominator for net loss per share:
	Basic and diluted —weighted average shares of common stock outstanding		7,752			7,752			7,752			7,629
	Net loss per share:
	Basic and diluted	$	(0.07	)	$	(0.05	)	$	(0.28	)	$	(0.27	)
	Potentially dilutive securities are not included in the diluted net loss calculation, because their inclusion would have been anti-dilutive given the Company’s net loss for the three and nine months ended September 30, 2013 and 2012.
	For the three and nine months ended September 30, 2013; 320 and 822 shares issuable upon the assumed exercise of stock options are not included in the calculation of diluted earnings per share, as their inclusion would have been anti-dilutive.
	For the three and nine months ended September 30, 2012; 1,075 and 909 shares issuable upon the assumed exercise of stock options are not included in the calculation of diluted earnings per share, as their inclusion would have been anti-dilutive.

Note_8_Commitments_and_Conting

Note 8 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	8. Commitments and Contingencies
	Leases
	IPC has a non-cancelable 24 month lease though May 15, 2015 for approximately 800 square feet of office space in Folsom, California, which is currently IPC’s corporate headquarters.
	IPC has a non-cancelable 5-year full-service lease for approximately 16,000 square feet of office space in a building that housed IPC’s headquarters until May 2013. The facility is located in Rancho Cordova, California. The lease includes negotiated annual increases in the monthly rental payments. IPC has two consecutive options to extend the term for five years, each at the then prevailing market rent. On April 16, 2013, IPC subleased this space for the remainder of IPC’s term. The monthly sublease rent is less than IPC’s rent obligation to the landlord. As of September 30, 2013, IPC is expected to receive $465,000 from the sub-lessee for the remainder of IPC’s lease.
	IPC also leases approximately 10,000 square feet of office space in San Francisco, California under a lease expiring in September 2014. This facility is currently fully subleased to two tenants. As of September 30, 2013, IPC is expected to receive $103,000 from the two sub-lessees during the remainder of IPC’s lease.

Note_9_Options_and_Equity

Note 9 - Options and Equity	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	9. Options and Equity
	In January 2012, one of the Company's Board members exercised 42,416 options at exercise prices between $4.74 and $5.25 per share. In a cashless exercise, 25,000 shares were tendered to the Company in satisfaction of the exercise price of the options, at a price of $7.95 per share, based on the closing price of the Company's common stock on the date of exercise. The 25,000 shares tendered have been accounted for by the Company as treasury stock in the accompanying consolidated balance sheets.
	In May 2003, the 1997 Stock Option Plan was amended, with stockholder approval, to provide that each non-employee director would receive a fully-vested option to purchase 5,000 shares of common stock on July 1st (or the first business day thereafter) of each year in which the director remains in office. This amendment was also included in the 2008 Stock Option Plan (the “Option Plan”). Pursuant to the Option Plan, on July 1, 2013 fully vested options to purchase 5,000 shares of common stock were granted to each of the three non-employee directors with an exercise price of $3.56. The Company recognized $24,000 in stock compensation expense for the three and nine months September 30, 2013 and none for the comparable periods in 2012.
	As of September 30, 2013, there was no unrecognized compensation cost. Prior to 2013, all stock options outstanding became fully vested on December 11, 2011, which was ten days prior to Disposition Date, in accordance with the IPC Stock Option and Executive Plans. The 15,000 options granted during the three and nine months ended September 30, 2013 were fully vested at the date of grant.
	During the three and nine months ended September 30, 2013, there were no common share issuances. During the three and nine months ended September 30, 2012, 0 and 1,169,985 common shares were issued, respectively.

Note_10_Litigation_Settlement

Note 10 - Litigation Settlement	9 Months Ended
	Sep. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Legal Matters and Contingencies [Text Block]	'
	10. Litigation Settlement
	In February 2012, a one-time payment of $99,000 was received by IPC following the settlement of commercial litigation with a former employee.  The litigation settlement was recorded as other income in the accompanying consolidated statements of operations.

Note_3_Fair_Value_Measurements1

Note 3 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	'
		September 30,
		2013		Level 1		Level 2		Level 3
	Assets:
	Cash equivalents	$	26,305	$	26,305	$	—	$	—
	Short-term investments		249		249		—		—
	Restricted cash equivalents		1,000		1,000
	Total assets at fair value	$	27,554	$	27,554	$	—	$	—
		December 31,
		2012		Level 1		Level 2		Level 3
	Assets:
	Cash equivalents	$	44	$	44	$	—	$	—
	Short-term investments		1,497		1,497		—		—
	Restricted short-term investments		1,000		1,000		—		—
	Total assets at fair value	$	2,541	$	2,541	$	—	$	—

Note_5_Accrued_Expenses_and_Ot1

Note 5 - Accrued Expenses and Other Current Liabilites (Tables)	9 Months Ended
	Sep. 30, 2013
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]	'
Schedule of Accrued Liabilities [Table Text Block]	'
		September 30,		December 31,
		2013		2012
	Deferred rent	$	—	$	226
	Accrued lease obligations		239		95
	Other		24		25
		$	263	$	346

Note_7_Net_Loss_Per_Share_Tabl

Note 7 - Net Loss Per Share (Tables)	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three months ended						Nine months ended
		September 30,						September 30,
	(In thousands, except per share amounts)	2013			2012			2013			2012
	Numerator for basic and diluted net loss per share:
	Net loss available to common stockholders	$	(590	)	$	(411	)	$	(2,193	)	$	(2,059	)
	Denominator for net loss per share:
	Basic and diluted —weighted average shares of common stock outstanding		7,752			7,752			7,752			7,629
	Net loss per share:
	Basic and diluted	$	(0.07	)	$	(0.05	)	$	(0.28	)	$	(0.27	)

Note_3_Fair_Value_Measurements2

Note 3 - Fair Value Measurements (Details) - Assets at Fair Value (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets:	'	'
Cash equivalents	$26,305	$44
Short-term investments	249	1,497
Restricted cash equivalents and short-term investments	1,000	1,000
Total assets at fair value	27,554	2,541
Fair Value, Inputs, Level 1 [Member]	'	'
Assets:	'	'
Cash equivalents	26,305	44
Short-term investments	249	1,497
Restricted cash equivalents and short-term investments	1,000	1,000
Total assets at fair value	$27,554	$2,541

Note_4_Restricted_Cash_Equival1

Note 4 - Restricted Cash Equivalents and Short-Term Investments (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Note 4 - Restricted Cash Equivalents and Short-Term Investments (Details) [Line Items]	'	'
Restricted Cash and Investments, Current	$1,000	$1,000
Collateral [Member]	'	'
Note 4 - Restricted Cash Equivalents and Short-Term Investments (Details) [Line Items]	'	'
Restricted Cash and Investments, Current	$1,000	$1,000

Note_5_Accrued_Expenses_and_Ot2

Note 5 - Accrued Expenses and Other Current Liabilites (Details) (USD $)	9 Months Ended	12 Months Ended	3 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Jun. 30, 2013
		San Francisco [Member]	Rancho Cordova, CA [Member]
Note 5 - Accrued Expenses and Other Current Liabilites (Details) [Line Items]	'	'	'
	$494,000	$95,000	$606,000
Business Exit Costs	685,000	95,000	606,000
Asset Impairment Charges	$14,000	'	'

Note_5_Accrued_Expenses_and_Ot3

Note 5 - Accrued Expenses and Other Current Liabilites (Details) - Accrued Expenses and Other Current Liabilities (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Accrued Expenses and Other Current Liabilities [Abstract]	'	'
Deferred rent	'	$226
Accrued lease obligations	239	95
Other	24	25
	$263	$346

Note_6_Disposition_Details

Note 6 - Disposition (Details) (USD $)	1 Months Ended	3 Months Ended
	Dec. 31, 2011	Jun. 30, 2012
		Insurance lead generation business [Member]
Note 6 - Disposition (Details) [Line Items]	'	'
Significant Acquisitions and Disposals, Acquisition Costs or Sale Proceeds	$63,800,000	'
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	53,700,000	'
Other Nonoperating Income	'	$67,000

Note_7_Net_Loss_Per_Share_Deta

Note 7 - Net Loss Per Share (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share [Abstract]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	320	1,075	822	909

Note_7_Net_Loss_Per_Share_Deta1

Note 7 - Net Loss Per Share (Details) - Calculation of Numerator and Denominator in Earnings Per Share (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Numerator for basic and diluted net loss per share:	'	'	'	'
Net loss available to common stockholders (in Dollars)	($590)	($411)	($2,193)	($2,059)
Denominator for net loss per share:	'	'	'	'
Basic and diluted —weighted average shares of common stock outstanding	7,752	7,752	7,752	7,629
Net loss per share:	'	'	'	'
Basic and diluted (in Dollars per share)	($0.07)	($0.05)	($0.28)	($0.27)

Note_8_Commitments_and_Conting1

Note 8 - Commitments and Contingencies (Details) (USD $)	9 Months Ended
	Sep. 30, 2013
Note 8 - Commitments and Contingencies (Details) [Line Items]	'
Lease Term	'5 years
Folsom, California Corporate Headquarters [Member]	'
Note 8 - Commitments and Contingencies (Details) [Line Items]	'
Lease Term	'24 months
Area of Real Estate Property	800
Sacramento [Member]	'
Note 8 - Commitments and Contingencies (Details) [Line Items]	'
Area of Real Estate Property	16,000
Operating Leases, Future Minimum Payments Receivable (in Dollars)	465,000
San Francisco [Member]	'
Note 8 - Commitments and Contingencies (Details) [Line Items]	'
Area of Real Estate Property	10,000
Operating Leases, Future Minimum Payments Receivable (in Dollars)	103,000

Note_9_Options_and_Equity_Deta

Note 9 - Options and Equity (Details) (USD $)	1 Months Ended	3 Months Ended	9 Months Ended
	Jan. 31, 2012	Sep. 30, 2013	Sep. 30, 2013
Note 9 - Options and Equity (Details) [Line Items]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	42,416	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit (in Dollars per share)	$4.74	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit (in Dollars per share)	$5.25	'	'
Conversion of Stock, Shares Converted	25,000	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in Dollars per share)	$7.95	'	'
Treasury Stock, Shares	25,000	'	'
Stock Option, Number of Shares	'	5,000	5,000
Investment Options, Exercise Price (in Dollars per share)	'	$3.56	'
Allocated Share-based Compensation Expense (in Dollars)	'	$24,000	$24,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	'	15,000	15,000
Employee Stock Option [Member]	'	'	'
Note 9 - Options and Equity (Details) [Line Items]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	'	0	'
IPC Stock Option and Executive Plans [Member]	'	'	'
Note 9 - Options and Equity (Details) [Line Items]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	'	'	1,169,985

Note_10_Litigation_Settlement_

Note 10 - Litigation Settlement (Details) (USD $)	1 Months Ended
	Feb. 28, 2012
Disclosure Text Block Supplement [Abstract]	'
Loss Contingency, Damages Sought, Value	$99,000