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Technology Stocks : MessageMedia Inc. (MESG)
MESG 18.65-25.4%May 25 5:00 PM EST

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To: Mary Baker who wrote (518)2/12/2000 4:23:00 PM
From: Gutterball   of 553
 
Consolidated Balance Sheets
(in thousands)

December 31, December 31,
1999 1998
Assets
Current assets:
Cash and cash equivalents $ 37,920 $ 4,659
Accounts receivable, net 4,278 681
Prepaid expenses and other 749 430
--------- ---------
Total current assets 42,947 5,770

Furniture equipment and
software, net 4,728 1,476
Patent and other costs, net 0 51
Intangibles assets, net 75,162 23,895
Deposits and other 354 29
--------- ---------
Total assets $123,191 $ 31,221
========= =========

Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 2,482 $ 1,383
Accrued compensation and related 1,912 148
Accrued interest -- 15
Deferred revenue 324 36
Current portion, debt obligations 25 504
Other accrued liabilities 1,022 584
--------- ---------
Total current liabilities 5,765 2,670

Debt obligations 36 67

Total stockholders' equity 117,390 28,484
--------- ---------
Total liabilities and
stockholders' equity $ 123,191 $ 31,221
========= =========
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