Consolidated Statements of Operations (P&L)
(in thousands, except per share data)
Three months ended Year ended
December 31, December 31,
1999 1998 1999 1998
(unaudited)(unaudited)
Revenues $ 4,912 $ 443 $ 10,022 $ 1,288
Cost of revenues 2,522 53 4,589 98
Gross profit 2,390 390 5,433 1,190
--------- --------- ---------- ---------
Operating Expenses:
Marketing and sales 3,901 511 9,704 1,935
Research, development & 2,094 935 4,936 4,828
General & administrative 2,684 1,029 7,678 3,810
Depreciation 465 1,358 1,432
Amortization of Goodwill 12,971 1,039 27,566 1,039
Restructuring Charge --- --- 1,025 812
Write-off of in-process
technology --- 1,300 --- 1,300
--------- --------- ---------- ---------
Total operating expenses 22,115 5,100 52,267 15,156
Interest income, net 360 73 134
--------- --------- ---------- ---------
Net loss (19,365) (4,637) (46,269) (13,832)
Preferred stock dividend --- --- --- (153)
Net loss applicable to
common shares $ (19,365)$ (4,637)$ (46,269)$ (13,985)
========= ========= ========== =========
Net loss per share,
basic and diluted $ (0.36)$ (0.13)$ (1.00)$ (0.63)
Shares used in per
share computation,
basic and diluted 53,406 34,706 46,367 22,305 |
