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| UNITED STATES                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| SECURITIES AND EXCHANGE COMMISSION                                                                                                                                                                                                                                                                                                                                                                                                                |
| WASHINGTON, D.C. 20549                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| FORM 10-K                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| [ X ]  Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934                                                                                                                                                                                                                                                                                                                                             |
| For the fiscal year ended December 31, 2013                                                                                                                                                                                                                                                                                                                                                                                                       |
| OR                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| [    ]  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: 001-09014                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| CHYRONHEGO CORPORATION                                                                                                                                                                                                                                                                                                                                                                                                                            |
| (Exact name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| New York                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 11-2117385 |
| (State or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                    |   | (I.R.S. Employer Identification No.) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| 5 Hub Drive, Melville, New York                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 11747 |
| (Address of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                          |   | (Zip Code) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Registrant's telephone number, including area code: (631) 845-2000                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Securities registered pursuant to Section 12(b) of the Act:                                                                                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Common Stock, par value $0.01 per share                                                                                                                                                                                                                                                                                                                                                                                                           |   | The NASDAQ Global Market |
| (Title of Class)                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | (Name of exchange on which registered) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |
| Securities registered pursuant to Section 12(g) of the Act:   None                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.     Yes[  ]      No[x]                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.     Yes[  ]      No[x]                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 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[  ]        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 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 during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     Yes[ x ]      No[   ] |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.   [  ]                                                                             |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 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 [  ]                                                                                                                                                                                                                                                                                                                                                                                                       | Accelerated filer[  ] | Non-accelerated filer [  ] | Smaller reporting company [x] |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | (do not check if a smaller reporting company) |   |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  Yes [  ]   No [x]                                                                                                                                                                                                                                                                                          |
|                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| The aggregate market value of the Company's voting and non-voting common equity held by non-affiliates of the Company (without admitting that any person whose shares are not included in such calculations is an affiliate) on June 30, 2013 was $20,347,482.The number of shares outstanding of the issuer's common stock, par value $.01 per share, on March 7, 2014 was 31,216,353.                                                           |
|  DOCUMENTS INCORPORATED BY REFERENCE                                                                                                                                                                                                                                                                                                                                                                                                    |
| Portions of the proxy statement for the 2014 Annual Meeting of Shareholders are incorporated by reference into Part III.                                                                                                                                                                                                                                                                                                                          |

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|   | · | Sports - Eye catching graphics with complex and detailed analysis on the field of play; |
|--------|--------|-----------------------------------------------------------------------------------------|

|   | · | News - Solutions designed to enhance creativity and accelerate news workflow; |
|--------|--------|-------------------------------------------------------------------------------|

|   | · | Entertainment - Advanced live broadcast solutions enabling producers to deal with the complexities of participant interaction, timing and results, video-wall graphics and commentator support systems; |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Channel Branding - Solutions that capture and keep the viewer's attention by delivering up-to-the-minute headlines, sports scores, financial data, weather reports and social media interaction; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Elections - Gathering, managing and presenting real-time information is one of our core strengths. Our election solutions span the entire chain from multi-touch wall presentations to virtual graphics; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Stadiums and Venues - Creating graphics that engage fans, strengthen franchise brand and generate sponsor revenues; |
|--------|--------|---------------------------------------------------------------------------------------------------------------------|

|   | · | Trucks & Remotes - Innovative, flexible and reliable solutions that are used by leading mobile teleproduction providers to enhance their storytelling of major news, sports and entertainment event programming. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Lyric® PRO - our graphics creation software. We understand that our customers place a premium on graphics workflow and having the shortest cycle time to air. Lyric PRO 8.7 adds many new features and reaffirms our commitment to a "scriptless" creative environment. Lyric PRO is engineered with high-performance features that provide ease of use under all conditions and by everyone on the production staff, including artists, operators, producers, directors and engineering. Among the new features in Lyric PRO are Advanced Data Object and Auto Formatting Tools, which combine to |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | · | MosaicTM - is a tightly integrated turnkey platform that scales to fit our customer's graphics production, technical requirements and budget, and an ideal solution for today's most demanding traditional or automated production workflows. Mosaic operates in combination with our iSQ multi-playlist controller or a third-party automation playout interface. When combined with Lyric, Mosaic forms the cornerstone of BlueNetTM, our streamlined, end-to-end graphics creation and playout workflow solution. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Graffiti - a new family of professional character generators. From the control room to the mobile unit on-the-go, Graffiti offers producers state-of-the-art graphics creation and playout at an entirely new price point. Graffiti integrates seamlessly into existing workflows and serves as a key component in our end-to-end BlueNet solution, which combines advanced graphics creation, collaboration, management, and playout systems to ensure the shortest cycle time to air and the highest production value. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | GS2 Graphics Engine - is a state-of-the-art real-time 3D graphics platform designed for use in multiple applications, such as fully automated channel branding, live 3D ticker solutions, or streamlined news workflows. The GS2 engine and its suite of adjoining tools offers one of the most powerful and adaptable live graphics systems on the market. It is widely deployed on many diverse live graphics production applications from small OB productions to major 24x7 news channels and channel branding installations. The GS2 engine is also one of the few true 64-bit engines on the market, giving it a huge performance advantage when working with large graphics assets such as uncompressed HD video clips and multiple video textures. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | BlueNetTM - our end-to-end graphics workflow for news, sports and entertainment. The lessons learned from over 40 years of experience, working side-by-side with broadcasters in the production and playout of live graphics, has guided our engineering, design and workflow specialists to create solutions that are as intuitive and connected to our customer's business as they are to each other. BlueNet's comprehensive broadcast graphics workflow tightly integrates one of the world's most advanced graphics creation, collaboration, management, and playout systems available. Broadcasters of all types and sizes depend on BlueNet every day to minimize the cycle time from creation to air, ensuring the highest production value in the shortest time - every time. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Axis World Graphics - is a leader in secure, hosted, on-demand graphics production. At its core, Axis World Graphics is all about ease of use. Customers from reporters to editors to news producers are able to quickly use templates to create graphics for broadcast, websites, and second screen displays, such as mobile phones and tablet PCs. Graphics creation that once took hours can now take minutes, allowing graphic |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | · | CAMIO - our graphics asset management server, redefines the news production workflow by seamlessly integrating a MOS gateway, asset management, distribution, and playout control. CAMIO's graphic asset management workflow is simple by design. Graphic artists create and upload templates and graphics assets. Producers and journalists remotely browse the templates, edit text and select their OTS images or other graphics using LUCI, our Newsroom ActiveX® client. When the templates are fulfilled and added to a story, CAMIO automatically ensures all content is distributed to the playout devices. The net effect is a smooth running graphics workflow that greatly increases the speed of getting important graphics to air while reducing the possibility of mistakes. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | ENGAGE - connects our CAMIO and Lyric playout systems to a variety of social media services, making it easy to include social media content in programming, without big changes to the workflow. Rich call-to-action graphics, info-graphics, and tickers are automatically integrated using social and poll data. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Channel Box 2 - built on an entirely redesigned architecture and a host of new features, Version 5.0 offers a faster and easier way to deliver bold branding elements such as up-to-the-minute headlines; sports scores; financial data, weather reports; snipes; social media commentary; and automated promotional materials. With power and interoperability, and providing a return on investment, Channel Box captures and keeps viewers by delivering up-to-the-minute headlines, sports scores, financial data, and weather reports. Live to air credit squeezes, "L" frame tickers, snips, automated promos and much more are available when and where customers want them. Workflow tools like Content Distribution and Desktop Multi-Viewer with Remote Asset Viewing create a complete, holistic branding workflow environment. Channel Box supports ODBC data sources, text files, XML and a full C# and VB Scripting engine. Control over the system is just as extensive with support for our industry-standard Intelligent Interface protocol, VDCP, GPI, COM API, or manual control via the custom control panel. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Paint - a powerful sports production analysis tool, designed specifically for the needs of sports broadcasters. Its power lies behind its feature-rich set of tools and its simplicity of use. The result is a highly productive tool that can be used by anybody within a sports production team, whether they are behind the camera or in front of it. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | · | GS2 Multi-Touch - is the platform that we use to build some of our most compelling broadcast touchscreens. GS2 Multi-Touch has been deployed on many hundreds of high profile live studio productions by some of the largest broadcasters and used to enhance their coverage of sports events, elections and on other live show material. This has enabled GS2 Multi-Touch to become a trusted medium that helps broadcasters to tell the story in a more natural and intuitive manner, while enabling them to interact with the content directly and confidently. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | SHOUTTM - make viewers a part of the conversation with SHOUT, ChyronHego's easy-to-use social media editor. Ideal for news, sports, and entertainment, SHOUT is a software solution that lets broadcasters quickly air social media conversations, including those from Twitter®, Facebook®, Instagram®, YouTubeTM and RSS feeds, using any of our Lyric-based graphics system - including Channel Box. In addition, Mass Relevance® subscribers can now insert data streams directly into SHOUT. Enhance viewer engagement through a more interactive entertainment and information experience, and instantly create an online community and buzz around the broadcast - with SHOUT. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | MediaMakerTM - access to graphics has never been more critical, particularly in today's multi-platform newsroom production and editing environments. Part of the CAMIO newsroom workflow product line, MediaMaker seamlessly integrates our graphics creation tools with file-based workflows, including LUCI template fulfillment, Axis World Graphics and OMS content creation. MediaMaker extends our BlueNet graphics creation capabilities into a wide range of editing and third-party applications, including Apple® Final Cut Pro®, Adobe® Premiere® PRO, Grass ValleyTM EDIUS, and Dalet. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Virtual Placement - a powerful tool that turns the complex art of placing virtual graphics within live video into a quick and simple process. With no need to add any specialist camera encoders or lengthy calibration processes, virtual graphics can be placed into a scene within minutes of setup, ready for use in a multitude of applications. The system can be used in virtually any live broadcast scenario, from augmenting physical studio-sets with virtual objects or live broadcast graphics and video feeds, to much larger scenes such as sports arenas, race-tracks or landscapes. The aim throughout is simple: to place virtual elements into a live scene to make them look physically real and in harmony with the environment they are projected into. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | · | TRACAB - this system represents a high level of tracking technology. It uses advanced patented image processing technology to identify the position and speed of all moving objects within arena-based sports, and does this uniquely in true real-time. The resultant live data of highly accurate X, Y and Z coordinates is supplied 25 times every second for each and every viewable object, whether they are players, referees or even the ball. Spanning almost a decade of continued development and deployed across the most demanding live sports environments and many thousands of sports events, the TRACAB player tracking system has matured to become the defining standard in live sports tracking and a world leading system in this field. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Production Services - we are always ready to take on almost any broadcast graphics assignment on a service basis. We have complete solutions for broadcast graphics both for studio production and all major sports events. We are one of a few companies in the world that has the comprehensive knowledge and experience in offering turn-key solutions including complete timing and results services, information management and TV graphics services for sports events. We have delivered critical services for major broadcasters and numerous high profile sporting events such as the Olympic Games, Formula 1, as well as World and European Championships in almost every major sport. We support thousands of live events each year and this gives us the extensive knowledge, experience and confidence in our staff and solutions to deliver what the next production requires. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Custom Development - our strength in this area is derived from the unique combination of curiosity, innovative technology and a pragmatic yet passionate approach to solution design. We are recognized as leading innovators in the technological development of graphics creation, workflow, and data visualization solutions for news, sports, and live entertainment production. Working with and listening to our customers, we build solutions from a select blend of best-of-breed technology components and standards-based commodity infrastructure. This ensures that we will deliver a high performance solution, customized to the customer's requirements, in a cost-effective manner. Our custom solutions are designed for a purpose. Our focus is on productive use and flexibility. Whether the production calls for virtual graphics, advanced image data analysis or advanced graphic design, we deliver. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Timing and Data Services - in today's high-action, stats-driven broadcast sports environment, every detail needs to be captured and delivered live, and we have been at the forefront of this area for over 40 years. We have devoted ourselves to the creation of reliable and scalable solutions for the management and visualization of live sports information. From statistics gathering to timing and data services, we are one of the few companies in the world that has the know-how to deliver turnkey solutions in this specialized domain. We offer statistics systems designed for the live |
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|   | · | Video consumption is growing, which implies that more content will have to be created; |
|--------|--------|----------------------------------------------------------------------------------------|

|   | · | Live programming cannot be downloaded; |
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|   | · | Sports is growing in popularity; |
|--------|--------|----------------------------------|

|   | · | Handling of large amounts of data is becoming ever more important; |
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|   | · | In-content advertising is growing in importance; and |
|--------|--------|------------------------------------------------------|

|   | · | Outsourcing is increasing among broadcasters. |
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| · | our inability to achieve the cost savings and operating synergies anticipated in the transaction, which would prevent us from achieving the positive earnings gains expected as a result of the transaction; |
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| · | diversion of management attention from ongoing business concerns to integration matters; |
|--------|------------------------------------------------------------------------------------------|

| · | difficulties in consolidating and rationalizing information technology platforms and administrative infrastructures; |
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| · | complexities in managing a significantly larger company than before the completion of the transaction; |
|--------|--------------------------------------------------------------------------------------------------------|

| · | complexities associated with managing the combined businesses and consolidating multiple physical locations where management may determine consolidation is desirable; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | difficulties in the assimilation of Hego employees and the integration of two business cultures; |
|--------|--------------------------------------------------------------------------------------------------|

| · | challenges in combining product offerings and sales and marketing activities; |
|--------|-------------------------------------------------------------------------------|

| · | challenges in demonstrating to our customers and to customers of Hego that the transaction will not result in adverse changes in customer service standards or business focus; and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | possible cash flow interruption or loss of revenue as a result of change of ownership transitional matters. |
|--------|-------------------------------------------------------------------------------------------------------------|

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|   | · | we fail to complete and introduce new product designs and services in a timely manner; |
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|   | · | we are unable to have these new products manufactured or developed according to design specifications; |
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|   | · | our customers do not perceive value in our new offerings and demand deep discounts; |
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|   | · | we do not open the appropriate marketing/sales channels for our  products and services; |
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|   | · | our sales channels do not create adequate demand for our products and services; or |
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|   | · | market demand for our new products and services does not develop as anticipated. |
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|   | · | maximize visibility and adoption of our products and services through distribution arrangements; |
|--------|--------|--------------------------------------------------------------------------------------------------|

|   | · | enhance our brand; |
|--------|--------|--------------------|

|   | · | expand the range of commercial activities based on our technology; and |
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|   | · | increase the performance, functionality and utility of our products and services. |
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|   | · | managing foreign dealers and foreign customers, which may be state corporations or government agencies; |
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|   | · | differing local product preferences and product requirements; |
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|   | · | difficulty in staffing, training and managing foreign operations; |
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|   | · | differing legal regulations and labor relations; |
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|   | · | political and economic instability; |
|--------|--------|-------------------------------------|

|   | · | trade protection measures, and timing and availability of import and export licenses; |
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|   | · | changes in laws, regulations and policies governing operations of foreign-based companies (including potentially negative consequences from changes in tax laws (including potential taxes payable on earnings of foreign subsidiaries upon repatriation), tariffs, environmental directives, freight rates and governmental royalties); |
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|   | · | inadequate protection of intellectual property rights in some countries; |
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|   | · | longer collection cycles for accounts receivable payment cycles and difficulties in enforcing contracts; |
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|   | · | obtaining governmental approvals for certain products; and |
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|   | · | technical standards which may differ and/or be more stringent that those of the United States, and would cause us to incur expenses associated with obtaining required certifications. |
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|   | · | trade secret laws; |
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|   | · | copyright law; |
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|   | · | trademark law; |
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|   | · | patent law; |
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|   | · | contractual provisions; |
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|   | · | confidentiality agreements; and |
|--------|--------|---------------------------------|

|   | · | certain technology and security measures.  |
|--------|--------|-------------------------------------------------|

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|   | · | delaying, deferring or preventing, or alternatively, accelerating or causing, a change in control of our company; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------|

|   | · | entrenching our management and/or Board of Directors; |
|--------|--------|-------------------------------------------------------|

|   | · | impeding a merger, consolidation, takeover or other business combination involving our company; or |
|--------|--------|----------------------------------------------------------------------------------------------------|

|   | · | discouraging a potential acquirer from making a tender offer or otherwise attempting to obtain control of our company. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------|

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|   | · | authorizing the issuance of "blank check" preferred stock that could be issued by our board of directors to increase the number of outstanding shares, issue shares of stock with voting, liquidation and other rights in preference to the rights of common shareholders and thwart a takeover attempt; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | limiting who may call special meetings of our shareholders; and |
|--------|--------|-----------------------------------------------------------------|

|   | · | establishing advance notice requirements for nominations of candidates for election to our board of directors, or for proposing matters that can be acted upon by our shareholders at shareholder meetings. |
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|   | ITEM 5.   MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED |
|--------|------------------------------------------------------------------------------|

|   |  SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY |
|--------|----------------------------------------------------------|

|   |  SECURITIES |
|--------|------------------|

|                         | High   | Low    |
|------------------------------|--------|--------|
| Year ended December 31, 2013 |   |   |
|   Fourth quarter   | $2.71  | $1.47  |
|   Third quarter    | 1.78   | 1.38   |
|   Second quarter   | 1.77   | 1.12   |
|   First quarter    | 1.64   | 0.64   |
|                         |   |   |
| Year ended December 31, 2012 |   |   |
|   Fourth quarter   | $1.02  | $0.48  |
|   Third quarter    | 1.42   | 0.80   |
|   Second quarter   | 1.90   | 1.33   |
|   First quarter    | 2.00   | 1.33   |

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|                   |   |   |   |   |   |   |
|------------------------|--------|--------|--------|--------|--------|--------|
|                   | 12/08  | 12/09  | 12/10  | 12/11  | 12/12  | 12/13  |
| ChyronHego Corporation | 100.00 | 138.67 | 146.67 | 92.67  | 47.33  | 141.33 |
| Russell MicroCap       | 100.00 | 127.48 | 164.30 | 149.06 | 178.50 | 259.92 |
| Peer Group             | 100.00 | 127.81 | 155.28 | 89.01  | 88.15  | 105.90 |
|                   |   |   |   |   |   |   |
|                   |   |   |   |   |   |   |

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|     | Year Ended December 31, |
|----------|-------------------------|
|     |                    | % of |   | % of |
|     | 2013                    | Total | 2012 | Total |
| Product  | $27,136                 | 57% | $21,674 | 72% |
| Services | 20,271                  | 43% |   8,548 | 28% |
|     | $47,407                 |   | $30,222 |   |

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|                       | Year Ended December 31, |
|----------------------------|-------------------------|
|                       | 2013                    | 2012 |
| Sales and marketing        | $13,260                 | $13,008 |
| General and administrative | 11,576                  |   4,201 |
|                       | $24,836                 | $17,209 |

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|                                     | Year Ended           |
|------------------------------------------|----------------------|
|                                     | December 31,         |
|                                     | 2013                 | 2012 |
| Foreign exchange transaction gain (loss) | $(36)                | $  13  |
| Other                                    |   11  |     2  |
|                                     | $(25)                | $  15  |

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|                            | Payments Due by Period            |
|---------------------------------|-----------------------------------|
|                            |                              | Less Than | One to | Three to | More Than |
| Contractual Obligations         | Total                        | One Year | Three Years | Five Years | Five Years |
|                            |                              |   |   |   |   |
| Operating lease obligations     | $  8,044                | $  1,872 | $  3,280 | $  2,270 | $   622 |
| Pension obligations (1)         | 2,715                             | 518 | 2,197 |   |   |
| Commitment for hosting services | 1,857                             | 857 | 1,000 |   |   |
| Note payable                    | 921                               | 230 | 461 | 230 |   |
| Term Loan                       | 355                               | 340 | 15 |   |   |
| Capital lease obligations       |      415 |      215 |      200 |             |           |
| Total                           | $14,307                           | $  4,032 | $  7,153 | $  2,500 | $   622 |

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| Financial Statements:                                               | Page   |
|---------------------------------------------------------------------|--------|
|                                                                |   |
| Report of BDO USA, LLP, Independent Registered Public               |   |
|   Accounting Firm                                         | 43     |
|                                                                |   |
| Consolidated Balance Sheets at December 31, 2013 and 2012           | 44     |
|                                                                |   |
| Consolidated Statements of Operations for the Years Ended           |   |
|   December 31, 2013 and 2012                              | 45     |
|                                                                |   |
| Consolidated Statements of Comprehensive Loss for the Years Ended   |   |
|   December 31, 2013 and 2012                              | 46     |
|                                                                |   |
| Consolidated Statements of Cash Flows for the Years Ended           |   |
|   December 31, 2013 and 2012                              | 47     |
|                                                                |   |
| Consolidated Statements of Shareholders' Equity for the Years Ended |   |
|   December 31, 2013 and 2012                              | 48     |
|                                                                |   |
| Notes to the Consolidated Financial Statements                      | 49     |

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|                                                                                  | December 31,                            |
|---------------------------------------------------------------------------------------|-----------------------------------------|
| Assets                                                                                | 2013                          | 2012   |
| Current assets:                                                                       |                                    |   |
|   Cash and cash equivalents                                                 | $  5,266                 | $  2,483  |
|   Accounts receivable, net                                                  | 7,781                              | 5,630  |
|   Inventories, net                                                          | 2,816                              | 2,285  |
|   Prepaid expenses and other current assets                            |   2,525                  |      626  |
|     Total current assets                                          | 18,388                             | 11,024  |
|                                                                                  |                                    |   |
| Property and equipment, net                                                           | 4,145                              | 1,347  |
| Intangible assets, net                                                                | 8,968                              | 559  |
| Goodwill                                                                              | 18,948                             | 2,066  |
| Deferred tax asset                                                                    | 56                                 | -  |
| Other assets                                                                     |      147  |      119  |
| TOTAL ASSETS                                                                          | $50,652                            | $15,115  |
|                                                                                  |
| Liabilities and Shareholders' Equity                                                  |                                    |
| Current liabilities:                                                                  |                                    |   |
|   Accounts payable and accrued expenses                                     | $  9,240                 | $  3,100  |
|   Deferred revenue                                                          | 4,660                              | 3,637  |
|   Due to related parties                                                    | 716                                | -  |
|   Current portion of pension liability                                      | 518                                | 278  |
|   Deferred tax liability                                                    | 271                                | -  |
|   Short-term debt                                                           | 1,532                              | 280  |
|   Capital lease obligations                                                 |      215  |        20  |
|     Total current liabilities                                     | 17,152                             | 7,315  |
|                                                                                  |                                    |   |
| Contingent consideration                                                              | 12,260                             | -  |
| Pension liability                                                                     | 2,197                              | 3,873  |
| Deferred revenue                                                                      | 923                                | 1,198  |
| Long-term debt                                                                        | 772                                | 397  |
| Deferred tax liability                                                                | 1,195                              | -  |
| Other liabilities                                                                     |      686  |      351  |
|     Total liabilities                                             | 35,185                             | 13,134  |
|                                                                                  |                                    |   |
| Commitments and contingencies                                                         |                                    |   |
|                                                                                  |                                    |   |
| Shareholders' equity:                                                                 |                                    |   |
|   Preferred stock, par value without designation                            |                                    |   |
|    Authorized - 1,000,000 shares, Issued - none                        |                                    |   |
|   Common stock, par value $.01                                              |                                    |   |
|    Authorized - 150,000,000 shares                                     |                                    |   |
|     Issued and outstanding – 30,788,251 and 17,135,239      |                                    |   |
|        at December 31, 2013 and 2012, respectively | 308                                | 171  |
|   Additional paid-in capital                                                | 103,642                            | 84,539  |
|   Accumulated deficit                                                       | (88,243)                                | (80,404) |
|   Accumulated other comprehensive loss                                      |     (421)           | (2,325) |
| Total ChyronHego Corporation shareholders' equity                                     | 15,286                             |   1,981  |
| Non-controlling interests                                                             |      181  |           -  |
|  Total shareholders' equity                                                      | 15,467                             |   1,981  |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY                                            | $50,652                            | $15,115  |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | Years Ended December 31,                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 2013                                     | 2012   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Product revenues                                                                                                                        | $27,136                                       | $21,674  |
| Service revenues                                                                                                                        | 20,271                                        |   8,548  |
| Total revenues                                                                                                                          | 47,407                                        | 30,222  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Cost of sales                                                                                                                           | 16,296                                        |   9,319  |
| Gross profit                                                                                                                            | 31,111                                        | 20,903  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Operating expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
|   Selling, general and administrative                                                                                         | 24,836                                        | 17,209  |
|   Research and development                                                                                                    | 9,163                                         |   7,443  |
|   Change in fair value of contingent consideration                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   4,760                             |           -  |
| Total operating expenses                                                                                                                | 38,759                                        | 24,652  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Operating loss                                                                                                                          | (7,648)                                            | (3,749) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Interest expense, net                                                                                                                   | (261)                                              | (28) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Other (loss) income, net                                                                                                                |       (25)           |          15  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Loss before taxes                                                                                                                       | (7,934)                                            | (3,762) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Income tax benefit (expense), net                                                                                                       |      134             | (18,539) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Net loss                                                                                                                                | (7,800)                                            | (22,301) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Less: Net income attributable to non-controlling interests                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |        39  |             -  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Net loss attributable to ChyronHego shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | $(7,839)                                           | $(22,301) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Net loss per share attributable to ChyronHego                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                               |   |
|   shareholders  - basic                                                                                             | $  (0.31)                                | $    (1.31) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Net loss per share attributable to ChyronHego                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                               |   |
|   shareholders - diluted                                                                                                      | $  (0.31)                                | $    (1.31) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
| Weighted average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
|     Basic                                                                                                           | 25,379                                        | 16,961  |
|     Diluted                                                                                                         | 25,379                                        | 16,961  |

----

|                                                | Years Ended December 31,                      |
|-----------------------------------------------------|-----------------------------------------------|
|                                                | 2013                                | 2012   |
|                                                |                                          |   |
| Net loss                                            | $ (7,800)                                | $(22,301) |
|                                                |                                          |   |
| Other comprehensive income (loss):                  |                                          |   |
|                                                |                                          |   |
|    Deferred pension income (loss)    | 1,760                                    | (910) |
|                                                |                                          |   |
|    Cumulative translation adjustment |       144  |          13  |
|                                                |                                          |   |
| Comprehensive loss                                  | (5,896)                                       | (23,198) |
|                                                |                                          |   |
| Less: Comprehensive income attributable to          |                                          |   |
|   non-controlling interest                |       39   |             -  |
|                                                |                                          |   |
| Comprehensive loss attributable to ChyronHego       |                                          |   |
|   Corporation                             | $ (5,935)                                | $(23,198) |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | Years Ended December 31,                           |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 2013                                               | 2012 |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
|   Net loss                                                                                                                                           | $(7,800)                                           | $(22,301) |
|   Adjustments to reconcile net loss to net cash from                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                               |   |
|    operating activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                               |   |
|       Depreciation and amortization                                                                                              | 2,913                                         | 919  |
|       Deferred tax asset allowance                                                                                               | 23                                            | 19,475  |
|       Deferred income tax benefit                                                                                                | (70)                                               | (974) |
|       Share-based payment arrangements                                                                                           | 2,993                                         | 938  |
|       Shares issued for 401(k) match                                                                                             | 243                                           | 288  |
|       Inventory provisions                                                                                                       | 225                                           | 85  |
|       Change in fair value of contingent consideration                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 4,760                                         | -  |
|       Other                                                                                                                      | 147                                           | (63) |
|   Changes in operating assets and liabilities, net of acquisitions:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                               |   |
|      Accounts receivable                                                                                                              | 632                                           | 97  |
|      Inventories                                                                                                                      | (756)                                              | (238) |
|      Prepaid expenses and other assets                                                                                                | (444)                                              | 127  |
|      Accounts payable and accrued expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 1,673                                         | (747) |
|      Deferred revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 409                                           | 867  |
|      Other liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |     536                   |     (164) |
|   Net cash provided by (used in) operating activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |  5,484                                   |  (1,691) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
|   Acquisitions of property and equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | (1,989)                                            |     (546) |
|   Purchase of businesses, net of cash acquired                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |        14  |           -  |
|   Net cash used in investing activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | (1,975)                                            |     (546) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                               |   |
|   Proceeds from borrowings                                                                                                                           | 311                                           | 700  |
|   Repayments on debt                                                                                                                                 | (1,048)                                            | (159) |
|   Proceeds from revolving credit facilities, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 73                                            | -  |
|   Payments on capital lease obligations                                                                                                              |   (196)                                  |      (38) |
|   Proceeds from exercise of stock options                                                                                                            |       12        |         1  |
|   Net cash (used in) provided by financing activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   (848)                                  |     504  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
|   Effect of exchange rates on cash and cash equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 122                                           | -  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
|   Change in cash and cash equivalents                                                                                                                | 2,783                                         | (1,733) |
|   Cash and cash equivalents at beginning of  year                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |  2,483                                   |  4,216  |
|   Cash and cash equivalents at end of year                                                                                                           | $ 5,266                                  | $ 2,483  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
| SUPPLEMENTAL CASH FLOW INFORMATION:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                               |   |
|   Interest paid                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | $    315                  | $     15  |
|   Taxes paid                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 405                                           | 29  |
|   Deferred pension income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 1,760                                         | (910) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                               |   |
|   Common stock and warrants issued for acquisitions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | $17,370                                       | -  |
|   Contingent consideration for acquisition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 7,500                                         | -  |
|   Debt incurred for acquisition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 1,044                                         | -  |

----

|                                   |                              |                                              |                                          |                                                                                 | Accumulated                                                                    |                                                                     |                                    |
|----------------------------------------|-----------------------------------|---------------------------------------------------|-----------------------------------------------|--------------------------------------------------------------------------------------|--------------------------------------------------------------------------------|--------------------------------------------------------------------------|-----------------------------------------|
|                                   |                              |                                              | Additional                                    |                                                                                 | Other                                                                          | Non-                                                                     |                                    |
|                                   | Common Stock                      | Paid-In                                           | Accumulated                                   | Comprehensive                                                                        | Controlling                                                                    |                                                                     |
|                                   | Shares                            | Amount                                            | Capital                                       | (Deficit)                                                                            | Income (loss)                                                                  | Interests                                                                | Total                                   |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Balance at January 1, 2012             | 16,639                            | $   166                       | $ 83,407                            | $(58,103)                                                                            | $ (1,428)                                                                 |                                                                     | $ 24,042                      |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Net loss                               |                              |                                              |                                          | (22,301)                                                                             |                                                                           |                                                                     | (22,301)                                |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Other comprehensive loss               |                              |                                              |                                          |                                                                                 | (897)                                                                          |                                                                     | (897)                                   |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Share-based compensation               |                              |                                              | 938                                      |                                                                                 |                                                                           |                                                                     | 938                                |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares issued upon exercise of         |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
|   stock options              | 2                                 |                                              | 1                                        |                                                                                 |                                                                           |                                                                     | 1                                  |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares issued for vesting of           |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
|   restricted stock units and |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
|   restricted stock           | 261                               | 3                                            | (93)                                          |                                                                                 |                                                                           |                                                                     | (90)                                    |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares issued for 401(k) match         |      233 |        2  |       286  |                |               |              |      288  |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Balance at December 31, 2012           | 17,135                            | 171                                               | 84,539                                   | (80,404)                                                                             | (2,325)                                                                        |                                                                     | 1,981                              |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Net loss                               |                              |                                              |                                          | (7,839)                                                                              |                                                                           | $    39                               | (7,800)                                 |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Other comprehensive income             |                              |                                              |                                          |                                                                                 | 1,904                                                                     |                                                                     | 1,904                              |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Share-based compensation               |                              |                                              | 2,157                                    |                                                                                 |                                                                           |                                                                     | 2,157                              |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares issued upon exercise of         |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
|   stock options              | 37                                |                                              | 12                                       |                                                                                 |                                                                           |                                                                     | 12                                 |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares issued for vesting of           |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
|   restricted stock units and |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
|   executive compensation     | 799                               | 8                                                 | 211                                      |                                                                                 |                                                                           |                                                                     | 219                                |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares issued for 401(k) match         | 204                               | 2                                                 | 241                                      |                                                                                 |                                                                           |                                                                     | 243                                |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Shares and warrants                    |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| issued for acquisitions           | 12,613                            |   127                                   |   16,482                       |                |               |    142                                     | 16,751                             |
|                                   |                              |                                              |                                          |                                                                                 |                                                                           |                                                                     |                                    |
| Balance at December 31, 2013           | 30,788                            | $  308                                  | $103,642                                 | $(88,243)                                                                            | $    (421)                                                 | $   181                                    | $15,467                            |

----

----

| Machinery and equipment | 3-10 years                                                                   |
|-------------------------|------------------------------------------------------------------------------|
| Furniture and fixtures  | 5-10 years                                                                   |
| Automobiles             | 3-4 years                                                                    |
| Leasehold improvements  | Shorter of the life of improvement or  remaining life of the lease |

----

----

----

----

|                                                         | Years Ended December 31,                                      |
|--------------------------------------------------------------|---------------------------------------------------------------|
|                                                         | 2013                                                          | 2012 |
| Basic weighted average shares outstanding                    | 25,379                                                        | 16,961 |
|    Effect of dilutive stock options           |           - |           - |
| Diluted weighted average shares outstanding                  | 25,379                                                        | 16,961 |
|                                                         |                                                          |   |
| Weighted average shares which are not included               |                                                          |   |
|   in the calculation of diluted earnings per share |                                                          |   |
|   because their impact is antidilutive             |                                                          |   |
|      Stock options                  | 2,803                                                         | 3,087 |
|      Restricted stock units         | 30                                                            | 173 |

----

----

----

|             | December 31,    |
|------------------|--------------------------------|
|             | 2013                           | 2012 |
| Finished goods   | $   539         | $   465 |
| Work-in-progress | 310                            | 468 |
| Raw material     | 1,967                          | 1,352 |
|             | $2,816                         | $2,285 |

----

|                                        | 2013                                   |                                              |
|---------------------------------------------|----------------------------------------|---------------------------------------------------|
|                                        | Gross                                  | Accumulated                                       | Net | Estimated |
|                                        | Amount                                 | Amortization                                      | Amount | Useful Life |
| Definite-lived intangibles:                 |                                   |                                              |   |   |
|   Customer relationships          | $ 6,570                           | $1,512                                            | $5,058 | 10 years |
|   Tradenames                      | 1,104                                  | 153                                               | 951 | 15 years |
|   Proprietary technology          | 1,420                                  | 403                                               | 1,017 | 10-15 years |
|   Non-compete agreement           | 25                                     | 25                                                | - | 3 years |
|   Domain name and related website |       53 |       11            |      42 | 10-15 years |
|                                        | 9,172                                  | 2,104                                             | 7,068 |   |
| Indefinite-lived intangibles:               |                                   |                                              |   |   |
|   Tradename                       |   1,900                      |         - | 1,900 |   |
|                                        | $11,072                                | $2,104                                            | $8,968 |   |

|                            | 2012                             |                                  |
|---------------------------------|----------------------------------|---------------------------------------|
|                            | Gross                            | Accumulated                           | Net | Estimated |
|                            | Amount                           | Amortization                          | Amount | Useful Life |
| Tradenames                      | $  304                 | $  101                      | $  203 | 15 years |
| Proprietary technology          | 620                              | 310                                   | 310 | 10 years |
| Non-compete agreement           | 25                               | 25                                    | - | 3 years |
| Customer relationships          | 170                              | 138                                   | 32 | 10 years |
| Domain name and related website |      23 |       9 |     14 | 15 years |
|                            | $1,142                           | $  583                      | $  559 |   |

----

| Balance at January 1, 2013   | $  2,066                |
|------------------------------|-----------------------------------|
| Acquisitions:                |                              |
| Hego AB                      | 16,321                            |
| Granvideo AB                 |      561 |
| Balance at December 31, 2013 | $18,948                           |

| 2014       | $1,325 |
|------------|--------|
| 2015       | 1,124  |
| 2016       | 959    |
| 2017       | 824    |
| 2018       | 617    |
| Thereafter | 2,219  |

|                                                                         | December 31,       |
|------------------------------------------------------------------------------|-----------------------------------|
|                                                                         | 2013                              | 2012 |
| Machinery and equipment                                                      | $ 9,746                      | $ 5,194 |
| Furniture and fixtures                                                       | 2,230                             | 1,129 |
| Automobiles                                                                  | 550                               |         - |
| Leasehold improvements                                                       |      276 |     167 |
|                                                                         | 12,802                            | 6,490 |
| Less: Accumulated depreciation                                               |                              |   |
|           and amortization |  8,657                       |  5,143 |
|                                                                         | $ 4,145                      | $ 1,347 |

----

|                                          | December 31,    |
|-----------------------------------------------|--------------------------------|
|                                          | 2013                           | 2012 |
| Accounts payable                              | $4,498                         | $1,924 |
| Accrued salaries, and other employee benefits | 1,859                          | 529 |
| Accrued severance                             | 1,502                          | 47 |
| Accrued warranty (Note 14)                    | 118                            | 50 |
| Accrued medical costs                         | 136                            | 197 |
| Other                                         | 1,127                          |    353 |
|                                          | $9,240                         | $3,100 |

|                                 | December 31,                     |   | December 31,                                             |
|--------------------------------------|----------------------------------|--------|----------------------------------------------------------|
|                                 | 2013                             |   | 2012                                                     |
| Revolving credit facilities - Europe | $   933           |   | $        -  |
| Note payable - Europe                | 921                              |   | -                                                   |
| Term loans - Europe                  | 355                              |   | -                                                   |
| Term loan - US                       | -                                |   | 677                                                 |
| Other                                |      95 |   |         -   |
|                                 | 2,304                            |   | 677                                                 |
| Less: portion due within one year    | 1,532                            |   |    280                               |
|                                 | $   772           |   | $   397                              |

----

----

----

| Revenue milestones                  | Additional shares |
|-------------------------------------|-------------------|
| $15.5 million in 2013               | 2,772,598         |
| $16.0 million in 2014               | 1,584,342         |
| $16.5 million in 2015               | 1,742,776         |
|    Total             | 6,099,716         |
|                                |              |
| Or, alternatively, if $33.0 million |              |
|  for 2013 and 2014 combined    | 6,099,716         |

| Net fair value of assets acquired | $     107  |
|-----------------------------------|------------------------------------------|
| Intangible assets, net of tax     | 9,930                               |
| Goodwill                          | 16,321                              |
|                              | 26,358                              |
| Deferred tax liability            | (1,766)                                  |
|                              | $24,592                             |

| Definite-lived intangibles:        |               |
|------------------------------------|--------------------|
|   Customer relationships | $  6,400 |
|   Proprietary technology | 800                |
|   Other intangibles      | 830                |
|                               |               |
| Indefinite-lived intangibles:      |               |
|   Tradename              |   1,900  |
|                               | $  9,930 |

----

|                                   | December 31,        |
|----------------------------------------|---------------------|
|                                   | 2013                | 2012 |
| Net sales                              | $53,281        | $ 45,024  |
| Net loss                               | (8,282)             | (28,010) |
| Net loss per share - basic and diluted | $  (0.28) | $   (0.96) |

----

|                                    | 2013   | 2012   |
|-----------------------------------------|--------|--------|
| Expected volatility                     | 76.87% | 71.46% |
| Risk-free interest rate                 | 1.78%  | 0.58%  |
| Expected dividend yield                 | 0.00%  | 0.00%  |
| Expected life (in years)                | 6.00   | 6.00   |
| Estimated fair value per option granted | $1.08  | $0.67  |

|                                |            |   |     |   | Weighted     |   |       |
|-------------------------------------|-----------------|--------|----------|--------|--------------|--------|------------|
|                                |            |   | Weighted |   | average      |   |       |
|                                | Number          |   | average  |   | remaining    |   | Aggregate  |
|                                | of              |   | exercise |   | contractual  |   | intrinsic  |
|                                | options         |   | price    |   | life (years) |   | value      |
| Outstanding at January 1, 2013      | 4,294,273  |   | $2.08    |   |         |   |       |
|   Granted                 | 1,989,000  |   | 1.61     |   |         |   |       |
|   Exercised               | (73,230)        |   | 0.72     |   |         |   |       |
|   Forfeited and cancelled | (215,255)       |   | 1.57     |   |         |   |       |
| Outstanding at December 31, 2013    | 5,994,788  |   | 1.96     |   | 7.0          |   | $2,904,515 |
| Exercisable at December 31, 2013    | 4,056,572  |   | 2.13     |   | 5.6          |   | $1,929,051 |

----

|                           |                                                                                  |   | Weighted average      |
|--------------------------------|---------------------------------------------------------------------------------------|--------|-----------------------|
|                           | Shares                                                                                |   | grant date fair value |
| Nonvested at January 1, 2013   | 343,161                                                                          |   | $1.76                 |
| Granted                        | 329,164                                                                          |   | 0.81                  |
| Vested                         | (672,325)                                                                             |   | 1.30                  |
| Nonvested at December 31, 2013 |              -  |   | 0.00                  |

|                                | 2013               | 2012         |
|-------------------------------------|-----------------------------------|-----------------------------|
| Cost of sales                       | $     35 | $    75 |
| Research and development            | 243                               | 323                         |
| Selling, general and administrative | 2,715                             |   540             |
|                                | $2,993                            | $  938            |

----

|                                             | December 31,                                                   |
|--------------------------------------------------|----------------------------------------------------------------|
|                                             | 2013                                                 | 2012   |
| Deferred tax assets:                             |                                                           |   |
|   Net operating loss carryforwards     | $ 12,074                                             | $ 14,491  |
|   Inventory                            | 1,856                                                     | 1,769  |
|   Other liabilities                    | 3,051                                                     | 3,055  |
|   Fixed assets                         | 2,069                                                     | 440  |
|   Other temporary differences          |        751             |        589  |
|                                             | 19,801                                                    | 20,344  |
| Less: valuation allowance                        | (19,745)                                                       | (20,344) |
| Total deferred tax assets                        |          56  |            -  |
|                                             |                                                           |   |
| Deferred tax liability:                          |                                                           |   |
|   Intangibles                          | (1,453)                                                        | - |
|   Other temporary differences          |       (13)                       |            -  |
|   Net deferred tax liability           | $ (1,410)                                                 | $           -  |
|                                             |                                                           |   |
| As reported:                                     |                                                           |   |
|   Non-current deferred tax assets      | $        56       | $           -  |
|   Current deferred tax liability       | $    (271)                                 | $           -  |
|   Non-current deferred tax liabilities | $ (1,195)                                                 | $            - |

----

|     | 2013     | 2012                                                          |
|----------|----------|---------------------------------------------------------------|
| Domestic | $(1,162) | $(3,762)                                                      |
| Foreign  | (6,772)  |          -  |
|     | $(7,934) | $(3,762)                                                      |

|                          | 2013                | 2012                                                        |
|-------------------------------|-----------------------------------------|---------------------------------------------------------------------------------|
| Current:                      |                                    |                                                                            |
|   State and foreign | $     87  | $       (38)                                 |
|                          |                                    |                                                                            |
| Deferred:                     |                                    |                                                                            |
|   State             | (21)                                    | 53                                                                         |
|   Federal           |      (2)       |        921                              |
|   Foreign           |      93   |             -  |
|                          |      70   |        974                              |
| Valuation allowance           |    (23)                  | (19,475)                                                                        |
| Income tax benefit (expense)  | $  134                   | $(18,539)                                                                       |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                       | 2013                                    |                  | 2012   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------|-----------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                       | Amount                                  | %           |   | Amount | %   |
| Federal income tax benefit at                                                                                                                                                                                                                                                                                                                                                                                                              |                                    |                  |   |   |   |
|   statutory rate                                                                                 | $ 2,698                       | 34.0             |   | $   1,279  | 34.0  |
| Permanent items:                                                                                                                                                                                                                                                                                                                                                                                                                           |                                    |                  |   |   |   |
|   Nondeductible mark-to-market adjustment                                                                                                                                                                                                                                                                                                                                                                                        |                                    |                  |   |   |   |
|    for contingent liability                                                                 | (1,047)                                 | (13.2)                |   | -  | -  |
|   Nondeductible share based payments                                                                                                                                                                                                                                                                                                                                                                                             | (464)                                   | (5.8)                 |   | -  | -  |
|   Nondeductible merger transaction costs                                                                                                                                                                                                                                                                                                                                                                                         | (353)                                   | (4.4)                 |   | -  | -  |
|   Other nondeductible items                                                                      | (43)                                    | (0.6)                 |   | (150) | (4.1) |
| Research and development credits                                                                                                                                                                                                                                                                                                                                                                                                           | (133)                                   | (1.7)                 |   | -  | -  |
| International tax rate differentials                                                                                                                                                                                                                                                                                                                                                                                                       | (813)                                   | (10.3)                |   | (18) | (0.4) |
| Other                                                                                                      | (310)                                   | (3.7)                 |   | (175) | (4.6) |
| Effect of increase in valuation allowance                                                                                                                                                                                                                                                                                                                                                                                                  |                                    |                  |   |   |   |
|   for deferred tax assets                                                                        |      599  |   7.4  |   | (19,475) | (517.7) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                       | $    134       |   1.7  |   | $(18,539) | (492.8) |

----

|                                    | Foreign                                     |   |                              |   | Accumulated                       |
|-----------------------------------------|---------------------------------------------|--------|-----------------------------------|--------|-----------------------------------|
|                                    | Currency                                    |   | Pension                           |   | Other                             |
|                                    | Translation                                 |   | Benefit                           |   | Comprehensive                     |
|                                    | Adjustment                                  |   | Costs                             |   | Income (Loss)                     |
| January 1, 2012                         | $ (26)                                 |   | $(1,402)                          |   | $(1,428)                          |
| Change for period                       |    13                   |   |    (1,080)         |   |    (1,067)         |
| Amounts reclassified from               |                                        |   |                              |   |                              |
|   accumulated other           |                                        |   |                              |   |                              |
|   comprehensive income (loss) |      -        |   |     170  |   |     170  |
| December 31, 2012                       | (13)                                        |   | (2,312)                           |   | (2,325)                           |
| Change for period                       |  144                              |   |  1,507                  |   |  1,651                  |
| Amounts reclassified from               |                                        |   |                              |   |                              |
|   accumulated other           |                                        |   |                              |   |                              |
|   comprehensive income (loss) |       -  |   |     253  |   |     253  |
| December 31, 2013                       | $ 131                             |   | $  (552)                |   | $  (421)                |

|   | · | Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Level 2: Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------|

|   | · | Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Balance at January 1, 2013                    | $         - |
|-----------------------------------------------|----------------------------------------------------------|
| Additions to level 3 (1)                      | 7,500                                                    |
| Unrealized loss for the year - change in fair |                                                     |
|   value of contingent consideration |   4,760                                        |
| Balance at December 31, 2013                  | $12,260                                                  |

|   | (1) | Represents the initial recording of the contingent consideration from the Business Combination with Hego. |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

----

|                                                | 2013                                                       | 2012                                                      |
|-----------------------------------------------------|----------------------------------------------------------------------|---------------------------------------------------------------------|
| Reconciliation of projected benefit obligation:     |                                                                 |                                                                |
|   Obligation at January 1                 | $  9,479                                              | $  7,535                                             |
|   Service cost                            | 408                                                             | 482                                                            |
|   Interest cost                           | 384                                                             | 360                                                            |
|   Actuarial (gain)/ loss                  | (1,153)                                                              | 1,164                                                          |
|   Benefit payments                        | (679)                                                                |       (62)                            |
|   Curtailments                            |      (72)                                   |          -   |
| Obligation at December 31                           | $ 8,367                                                    | $  9,479                                             |
|                                                |                                                                 |                                                                |
| Reconciliation of fair value of plan assets:        |                                                                 |                                                                |
|   Fair value of plan assets at January 1  | $  5,328                                              | $  4,088                                             |
|   Actual return on plan assets            | 720                                                             | 407                                                            |
|   Employer contributions                  | 283                                                             | 895                                                            |
|   Benefit payments                        |    (679)                                              |       (62)                            |
| Fair value of plan assets at December 31            | $  5,652                                              | $  5,328                                             |
|                                                |                                                                 |                                                                |
| Funded Status:                                      |                                                                 |                                                                |
|   Unfunded status at December 31          | $ (2,715)                                                       | $ (4,151)                                                      |
|                                                |                                                                 |                                                                |
| Projected benefit obligation                        | $  8,367                                              | $  9,479                                             |
| Accumulated benefit obligation                      | 7,894                                                           | 8,701                                                          |
| Fair value of plan assets                           |  5,652                                                     |  5,328                                                    |
|                                                |                                                                 |                                                                |
| Amounts recognized in consolidated balance sheets:  |                                                                 |                                                                |
|   Prior service credit                    | $          -  | $         7       |
|   Net loss                                |  (1,325)                                                        |  (3,093)                                                       |
|   Accumulated other comprehensive loss    | (1,325)                                                              | (3,086)                                                             |
|                                                |                                                                 |                                                                |
| Net periodic benefit cost in excess of              |                                                                 |                                                                |
|   accumulated contributions               | (1,390)                                                              |  (1,065)                                                       |
| Net amount recognized in consolidated balance sheet | $ (2,715)                                                       | $ (4,151)                                                      |

----

|                                             | 2013                    | 2012                                    |
|--------------------------------------------------|-----------------------------------|---------------------------------------------------|
| Components of net periodic pension cost:         |                              |                                              |
|   Service cost                         | $   408       | $   482                       |
|   Interest cost                        | 384                          | 360                                          |
|   Expected return on plan assets       | (410)                             | (345)                                             |
|   Amortization of net loss             | 232                          | 203                                          |
|   Amortization of prior service credit |      (6) |    (11)                            |
|   Net periodic benefit cost            |    608        |   689                              |
|                                             |                              |                                              |
| Curtailment gain                                 |      (1) |        -  |
| Net periodic benefit cost after curtailment      |    607        |   689                              |

| Other changes in plan assets and benefit obligations                            |                                                          |                                                    |
|---------------------------------------------------------------------------------|---------------------------------------------------------------|---------------------------------------------------------|
|   recognized in other comprehensive income:                           |                                                          |                                                    |
|     Net loss                                                | (1,463)                                                       | 1,102                                              |
|     Amortization of net loss                                | (232)                                                         | (203)                                                   |
|     Amortization of prior service cost                      | 6                                                        | 11                                                 |
|     Curtailment (gain) loss                                 | (72)                                                          | -                                                  |
|     Prior service credit/(cost) received due to curtailment |          1  |         -  |
|     Total recognized in other comprehensive (income) loss   | (1,760)                                                       |    910                              |
|                                                                            |                                                          |                                                    |
| Total recognized in net periodic benefit cost and other                         |                                                          |                                                    |
|   comprehensive (income) loss                                         | $(1,153)                                                      | $1,599                                             |

|                                                             | 2013   | 2012   |
|------------------------------------------------------------------|--------|--------|
| Weighted-average assumptions used to determine net periodic      |   |   |
|   benefit cost for the years ended December 31:        |   |   |
|     Discount rate                            | 4.03%  | 4.61%  |
|     Expected long-term return on plan assets | 7.50%  | 7.50%  |
|     Rate of compensation increase            | (a)    | (b)    |
|                                                             |   |   |
| Weighted-average assumptions used to determine pension           |   |   |
|   benefit obligation as of December 31:                |   |   |
|     Discount rate                            | 4.9%   | 4.03%  |
|     Rate of compensation increase            | (a)    | (b)    |

|   | (a) | 0.0% in 2013, 2.0% thereafter |
|--------|-----|-------------------------------|

|   | (b) | 0.0% in 2012 and 2013, 2.0% thereafter |
|--------|-----|----------------------------------------|

----

|                      | Target            |   | Actual     |
|---------------------------|-------------------|--------|------------|
|                      | Allocation Range  |   | Allocation |
| Asset Category            | 2013              |   | 2013       | 2012 |
| Equity securities         | 60% (+/- 1 to 5%) |   | 62%        | 58% |
| Debt securities           | 35% (+/- 1 to 5%) |   | 31%        | 33% |
| Cash and cash equivalents | 5% (+/- 1 to 5%)  |   | 7%         | 9% |

| 2014         | $   204 |
|--------------|------------------------|
| 2015         | 164                    |
| 2016         | 176                    |
| 2017         | 377                    |
| 2018         | 393                    |
| 2019 to 2023 | 2,885                  |

|                                | 2013                |
|-------------------------------------|---------------------|
|                                | Level 1   |   | Level 2   |   | Level 3   |   | Total |
| Government and other                |                |   |   |   |   |   |   |
|   fixed income securities | $  591    |   | $1,181 |   | $       - |   | $1,772 |
|                                |                |   |   |   |   |   |   |
| Equities                            | 3,499               |   |         - |   |        - |   | 3,499 |
|                                | $4,090              |   | $1,181 |   | $       - |   | $5,271 |

----

|                                | 2012                   |
|-------------------------------------|------------------------|
|                                | Level 1      |   | Level 2   |   | Level 3   |   | Total |
| Government and other                |                   |   |   |   |   |   |   |
|   fixed income securities | $   601 |   | $1,158 |   | $        - |   | $1,759 |
|                                |                   |   |   |   |   |   |   |
| Equities                            | 3,063                  |   |         - |   |         - |   | 3,063 |
|                                | $3,664                 |   | $1,158 |   | $        - |   | $4,822 |

|                           | 2013                        | 2012                  |
|--------------------------------|-----------------------------|-----------------------|
| Balance at beginning of period | $   50  | $  50  |
| Provisions                     | 170                    | 49               |
| Warranty services provided     | (102)                       | (49)                  |
|                           | $ 118             | $  50  |

----

|                                                                                                                                                                                                                                           | Operating | Capital    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|------------|
| 2014                                             | $1,872    | $ 215 |
| 2015                                             | 1,720     | 159        |
| 2016                                             | 1,560     | 43         |
| 2017                                             | 1,160     |       |
| 2018                                             | 1,110     |       |
| thereafter                                       | 622       |       |

----

|                                                    | 2013    | 2012              |
|---------------------------------------------------------|---------|-------------------|
| Revenues from external customers(1):                    |    |              |
|    North America                         | $26,250 | $21,218           |
|    Europe, Middle East and Africa (EMEA) | 16,492  | 4,254             |
|    Latin America                         | 3,092   | 2,538             |
|    Asia                                  | 1,573   |   2,212 |
|                                                    | $47,407 | $30,222           |

| Long-lived assets:        |             |   |
|---------------------------|------------------|--------|
|   United States | $  910 | $1,347 |
|   Europe(2)     | 3,235            | -      |

|                      | Operating income               |                                                          |                                 |   |                                                          |
|---------------------------|--------------------------------|---------------------------------------------------------------|--------------------------------------|--------|---------------------------------------------------------------|
|                      | (loss) before                  | Depreciation                                                  | Operating                            |   |                                                          |
|                      | depreciation and               | and                                                           | income                               |   |                                                          |
|                      | amortization                   | amortization                                                  | (loss)                               |   | Revenue                                                       |
| Hego                      | $   1,950  | $(2,095)                                                      | $     (145) |   | $12,961                                                       |
| Chyron                    | 5,781                     | (818)                                                         | 4,963                           |   | 34,446                                                        |
| Corporate                 |                           |                                                          |                                 |   |                                                          |
|   (unallocated) | (12,466)                       |          -  | (12,466)                             |   |           - |
|                      | $  (4,735)           | $(2,913)                                                      | $  (7,648)                 |   | $47,407                                                       |

----

| (a) | Evaluation of Disclosure Controls and Procedures |
|-----|--------------------------------------------------|

| (b) | Changes in Internal Control Over Financial Reporting |
|-----|------------------------------------------------------|

----

|   | · | pertain to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and dispositions of our assets; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | provide reasonable assurance that our transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorizations of our management and directors; and |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition or disposition of our assets that could have a material effect on the financial statements. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| (a) | The following documents are filed as part of this Annual Report on Form 10-K: |
|-----|-------------------------------------------------------------------------------|

| ExhibitNumber |  Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1           | Stock Purchase Agreement by and among, Chyron Corporation, Chyron Holdings, Inc., Chyron AB, Hego Aktiebolag, Westhill Group AB (corp. reg. no. 556583-5948) as the stockholder representative of the Hego stockholders, and the stockholders of Hego Aktiebolag, dated as of March 9, 2013 (previously filed as exhibit 2.1 to the Registrant's Current Report on Form 8-K filed with the Commission on March 12, 2013 (File No. 001-09014) and incorporated herein by reference). |
| 3.1           | Restated Certificate of Incorporation filed with the State of New York on December 27, 1991 (previously filed as Exhibit 3(a) to the Registrant's Annual Report on Form 10-K for the fiscal year ended June 30, 1991 (File No. 000-05110) and incorporated herein by reference).                                                                                                                                                                                                    |
| 3.2           | Certificate of Amendment of the Restated Certificate of Incorporation filed with the State of New York on February 7, 1997 (previously filed as Exhibit 3(c) to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 1996 (File No. 001-09014) and incorporated herein by reference).                                                                                                                                                                 |
| 3.3           | Certificate of Amendment of the Restated Certificate of Incorporation filed with the State of New York on September 19, 2007 (previously filed as Exhibit 3(i) to the Registrant's Current Report on Form 8-K filed with the Commission on September 24, 2007 (File No. 000-05110) and incorporated herein by reference).                                                                                                                                                           |
| 3.4           | Certificate of Amendment of the Restated Certificate of Incorporation filed with the State of New York on May 22, 2013 (previously filed as Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed with the Commission on May 29, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                                                                                                                        |
| 3.5           | Amended and Restated By-Laws of ChyronHego Corporation (previously filed as Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed with the Commission on November 14, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                                                                                                                                                                                   |

----

| 10.1*  | Indemnification Agreement between Chyron Corporation and Christopher R. Kelly effective as of August 30, 1999 (previously filed as Exhibit 10(f) to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2002 (File No. 000-05110) and incorporated herein by reference).       |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.2*  | Indemnification Agreement between Chyron Corporation and Michael Wellesley-Wesley effective as of November 19, 1996 previously filed as Exhibit 10(xx) to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 1996 (File No. 001-09014) and incorporated herein by reference). |
| 10.3*  | Indemnification Agreement between Chyron Corporation and Michael Wheeler effective as of February 1, 2006( previously filed as Exhibit 10(g) to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2007 (File No. 001-09014) and incorporated herein by reference).           |
| 10.4*  | Indemnification Agreement between Chyron Corporation and Peter Frey effective as of May 14, 2008 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on May 20, 2008 (File No. 001-09014) and incorporated herein by reference).                       |
| 10.5*  | Indemnification Agreement between Chyron Corporation and Roger L. Ogden effective as of May 14, 2008 (previously filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Commission on May 20, 2008 (File No. 001-09014) and incorporated herein by reference).              |
| 10.6*  | Indemnification Agreement between Chyron Corporation and Robert A. Rayne effective as of May 14, 2008 (previously filed as Exhibit 10.3 to the Registrant's Current Report on Form 8-K filed with the Commission on May 20, 2008 (File No. 001-09014) and incorporated herein by reference).                  |
| 10.7*  | Indemnification Agreement between Chyron Corporation and Susan Clark-Johnson effective as of March 10, 2010 (previously filed as Exhibit 10.30 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 (File No. 001-09014) and incorporated herein by reference).         |
| 10.8*  | Indemnification Agreement between Chyron Corporation and Dawn Johnston effective as of April 3, 2002 (previously filed as Exhibit 10(i) to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2007 (File No. 001-09014) and incorporated herein by reference).                |
| 10.9*  | Indemnification Agreement between Chyron Corporation and Kathleen Power effective as of November 6, 2012 (previously filed as Exhibit 10.10 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (File No. 001-09014) and incorporated herein by reference).            |
| 10.10* | Indemnification Agreement between ChyronHego Corporation and Johan Apel effective as of May 22, 2013.**                                                                                                                                                                                                       |
| 10.11* | Indemnification Agreement between ChyronHego Corporation and Henrik Sundberg effective as of May 22, 2013.**                                                                                                                                                                                                  |
| 10.12* | Employment Agreement by and between Chyron Corporation and Kathleen Power effective as of March 7, 2012 (previously filed as Exhibit 10.11 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (File No. 001-09014) and incorporated herein by reference).             |
| 10.13* | Employment Agreement by and between Chyron Corporation and Michael Wellesley-Wesley effective as of May 23, 2012 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on May 29, 2012 (File No. 001-09014) and incorporated herein by reference).       |
| 10.14* | Employment Agreement between ChyronHego Corporation and Johan Apel, dated as of May 23, 2013 (previously filed as Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013 (File No. 001-09014) and incorporated herein by reference).                     |
| 10.15* | Employment Agreement between ChyronHego Corporation and Kevin Prince, dated as of May 23, 2013 (previously filed as Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013 (File No. 001-09014) and incorporated herein by reference).                   |

----

| 10.16* | Employment Agreement between ChyronHego Corporation and Soren Kjellin, dated as of May 23, 2013 (previously filed as Exhibit 10.3 to the Registrant's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                                          |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.17* | Change in Control Agreement between Michael Wellesley-Wesley and Chyron Corporation effective May 23, 2012 (previously filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Commission on May 29, 2012 (File No. 001-09014) and incorporated herein by reference).                                                                                     |
| 10.18* | Amended and Restated Change in Control Agreement by and between Chyron Corporation and Michael Wellesley-Wesley dated November 19, 2012 (previously filed as Exhibit 10.3 to the Registrant's Current Report on Form 8-K filed with the Commission on November 20, 2012 (File No. 001-09014) and incorporated herein by reference).                                                   |
| 10.19* | Separation Agreement between the Company and Michael Wellesley-Wesley dated November 7, 2013 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on November 13, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                                              |
| 10.20* | Change in Control Agreement between Chyron Corporation and Jerry Kieliszak dated November 19, 2012 (previously filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Commission on November 20, 2012 (File No. 001-09014) and incorporated herein by reference).                                                                                        |
| 10.21* | Terms of Severance Agreement between Chyron Corporation and Jerry Kieliszak dated November 19, 2012 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on November 20, 2012 (File No. 001-09014) and incorporated herein by reference).                                                                                       |
| 10.22* | Separation Agreement between the Company and Jerry Kieliszak dated December 16, 2013 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on December 16, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                                                      |
| 10.23* | Chyron Corporation 1999 Incentive Compensation Plan (previously filed as Exhibit 1 to the Registrant's Definitive Proxy Statement on Schedule 14A filed with the Commission on April 7, 1999 (SEC File No. 000-05110) and incorporated herein by reference).                                                                                                                          |
| 10.24* | Chyron Corporation 2008 Long-Term Incentive Plan approved on May 14, 2008 and amended on May 19, 2010 (previously filed as Exhibit 99.1 to the Registrant's Current Report on Form 8-K filed with the Commission on May 25, 2010 (File No. 001-09014) and incorporated herein by reference).                                                                                          |
| 10.25* | Chyron Corporation's 2008 Long Term Incentive Plan, as amended (incorporated by reference to Chyron's Proxy Statement on Schedule 14A filed with the SEC on April 17, 2013 (File No. 01-09014) (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on May 29, 2013 (File No. 001-09014) and incorporated herein by reference). |
| 10.26* | Chyron Corporation Employees Severance Plan amended August 9, 2006 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on August 14, 2006 (File No. 001-09014) and incorporated herein by reference).                                                                                                                          |
| 10.27  | Loan and Security Agreement between Silicon Valley Bank and Chyron Corporation dated as of June 19, 2008 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on June 23, 2008 (File No. 001-09014) and incorporated herein by reference).                                                                                      |
| 10.28  | First Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated April 16, 2009 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on June 18, 2009 (File No. 001-09014) and incorporated herein by reference).                                                                                     |
| 10.29  | Second Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated June 18, 2009 (previously filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Commission on June 18, 2009 (File No. 001-09014) and incorporated herein by reference).                                                                                     |

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| 10.30  | Third Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated March 24, 2010 and effective as of March31, 2010 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on March 30, 2010 (File No. 001-09014) and incorporated herein by reference).                                                   |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.31  | Fourth Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated March 24, 2011 and effective as of March 30, 2011 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on March 25, 2011 (File No. 001-09014) and incorporated herein by reference).                                                 |
| 10.32  | Fifth Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated December 28, 2011 and effective as of December 31, 2011 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on January 4, 2012 (File No. 001-09014) and incorporated herein by reference).                                           |
| 10.33  | Sixth Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated August 13, 2012 (previously filed as exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on August 16, 2012 (File No. 001-09014) and incorporated herein by reference).                                                                                   |
| 10.34  | Seventh Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated March 1, 2013 (previously filed as Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                               |
| 10.35  | Eighth Loan Modification Agreement between Silicon Valley Bank and Chyron Corporation dated August 5, 2013 (previously filed as Exhibit 10.4 to the Registrant's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2013 (File No. 001-09014) and incorporated herein by reference).                                                                                |
| 10.36  | Amended and Restated Loan and Security Agreement between ChyronHego Corporation, Chyron Holders, Inc. and Chyron International Corporation and Silicon Valley Bank, dated November 12, 2013 (previously filed as exhibit 10.1 to the Registrant's Annual Report on Form 8-K filed with the commission on November 18, 2013 (File No. 001-09014) and incorporated herein by reference). |
| 10.37  | Second Amendment to Lease by and between Rechler Equity B-1 LLC and Chyron Corporation dated January 20, 2009 (previously filed as exhibit 10.29 to the Registrant's Annual Report on Form 10-K filed with the commission on March 25, 2009 (File No. 001-09014) and incorporated herein by reference).                                                                                |
| 10.38* | Form of Restricted Stock Unit Award under the Chyron Corporation 2008 Long-Term Incentive Plan (previously filed as Exhibit 10.1 the Registrant's Current Report on Form 8-K filed with the Commission on November 13, 2009 (File No. 001-09014) and incorporated herein by reference).                                                                                                |
| 10.39* | Chyron Corporation Non-Employee Director Compensation Policy (previously filed as exhibit 10.30 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2011 (File No. 001-09014) and incorporated herein by reference).                                                                                                                                 |
| 10.40* | 2012 Management Incentive Compensation Plan (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on March 13, 2012 (File No. 001-09014) and incorporated herein by reference).                                                                                                                                                   |
| 10.41* | 2013 Management Incentive Compensation Plan (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on January 15, 2013 (Filed No. 001-09014) and incorporated herein by reference).                                                                                                                                                |
| 10.42* | Second Half of 2013 Management Incentive Compensation Plan (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on August 12, 2013 (Filed No. 001-09014) and incorporated herein by reference).                                                                                                                                  |

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| 10.43* | 2014 Management Incentive Compensation Plan (previously filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Commission on December 16, 2013 (Filed No. 001-09014) and incorporated herein by reference).                                                                                                                                                                                                                                                       |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.44* | Form of Restricted Stock Unit Award Cancellation Agreement under the Chyron Corporation 2008 Long-Term Incentive Plan Policy (previously filed as exhibit 10.32 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2011 (File No. 001-09014) and incorporated herein by reference).                                                                                                                                                                         |
| 21.1   | Subsidiaries of the Registrant.**                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 23.1   | Consent of BDO USA, LLP **                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 31.1   | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**                                                                                                                                                                                                                                                                                                                                                                                      |
| 31.2   | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.**                                                                                                                                                                                                                                                                                                                                                                                      |
| 32     | Certifications of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**                                                                                                                                                                                                                                                                                                                                                     |
| 101    | The following materials from ChyronHego Corporation's Annual Report on Form 10-K for the year ended December 31, 2013, formatted in XBRL (eXtensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Comprehensive Loss, (iv) the Consolidated Statements of Cash Flows, (v) the Consolidated Statements of Shareholders' Equity, and (vi) Notes to Consolidated Financial Statements. |

|      * | Management contract or compensatory plan or arrangement. |
|----------------------------|----------------------------------------------------------|

|    ** | Filed herewith. |
|----------------------|-----------------|

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|                 | CHYRONHEGO CORPORATION                |
|----------------------|---------------------------------------|
|                 |                                  |
| Date: March 14, 2014 | /s/ Johan Apel                        |
|                 | Johan Apel                            |
|                 | President and Chief Executive Officer |
|                 | (Principal Executive Officer)         |

| Signature                    |   | Title                                 | Date           |
|------------------------------|--------|---------------------------------------|----------------|
|                         |   |                                  |           |
| /s/ Johan Apel               |   | President and Chief Executive Officer | March 14, 2014 |
| Johan Apel                   |   | (Principal Executive Officer)         |           |
|                         |   |                                  |           |
| /s/ Dawn R. Johnston         |   | Interim Chief Financial Officer       | March 14, 2014 |
| Dawn R. Johnston             |   | (Principal Financial Officer)         |           |
|                         |   |                                  |           |
| /s/ Roger L. Ogden           |   | Chairman of the Board of Directors    | March 14, 2014 |
| Roger L. Ogden               |   |                                  |           |
|                         |   |                                  |           |
| /s/ Susan Clark-Johnson      |   | Director                              | March 14, 2014 |
| Susan Clark-Johnson          |   |                                  |           |
|                         |   |                                  |           |
| /s/ Peter F. Frey            |   | Director                              | March 14, 2014 |
| Peter F. Frey                |   |                                  |           |
|                         |   |                                  |           |
| /s/ Christopher R. Kelly     |   | Director                              | March 14, 2014 |
| Christopher R. Kelly         |   |                                  |           |
|                         |   |                                  |           |
| /s/ Robert A. Rayne          |   | Director                              | March 14, 2014 |
| Robert A. Rayne              |   |                                  |           |
|                         |   |                                  |           |
| /s/ Henrik Sundberg          |   | Director                              | March 14, 2014 |
| Henrik Sundberg              |   |                                  |           |
|                         |   |                                  |           |
| /s/ Michael C. Wheeler       |   | Director                              | March 14, 2014 |
| Michael C. Wheeler           |   |                                  |           |
|                         |   |                                  |           |
| /s/ Michael Wellesley-Wesley |   | Director                              | March 14, 2014 |
| Michael Wellesley-Wesley     |   |                                  |           |

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