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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: TIMBO who wrote (4193)11/13/1998 9:44:00 AM
From: pgl52  Respond to of 10081
 
Three-Month Periods Nine-Month Periods
Ended Sept. 30, Ended Sept. 30,
1998 1997 1998 1997
Revenue:
Licensing revenue $ 63 $ 2,228 $ 1,577 $ 2,438
Other revenue 311 325 583 901
Total revenue 374 2,553 2,160 3,339
Costs and expenses:
Cost of other revenue 191 291 389 828
Research and development
5,735 5,513 16,375 14,948
Sales, general and
administrative 5,992 2,169 13,836 9,178
Write-off of in-process
research and development -- -- 2,050 --
Total costs and expenses
11,918 7,973 32,650 24,954
Loss from operations (11,544) (5,420) (30,490) (21,615)
Total other income, net 1,498 582 6,703 2,269
Loss before income taxes
(10,046) (4,838) (23,787) (19,346)
Income taxes -- 8 19 17
Net loss (10,046) (4,846) (23,806) (19,363)

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I am just reading the numbers. Revenue is down, net loss is up for the three months and for thenine months. Go figure.