8x8 2006 Annual Report Download - page 47

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44
8X8, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
The accompanying notes are an integral part of these consolidated financial statements.
Year s Ende d Mar ch 3 1 ,
2006 2005 2004
Service revenues.........................................................................
.
$ 26,113 $ 9,086 $ 6,629
Product revenues........................................................................
.
5,779 2,389 2,679
Total revenues................................................................... 31,892 11,475 9,308
Operating expenses:
Cost of s ervice revenues 12,367 5,195 2,594
Cost of product revenues........................................................
.
10,732 4,546 1,768
Research and development.....................................................
.
5,916 3,109 2,747
Selling, general and administrative......................................... 27,863 18,534 6,060
Total operating expenses................................................. 56,878 31,384 13,169
Loss from operations.................................................................. (24,986) (19,909) (3,861)
Other income, net........................................................................
.
847 558 822
Loss before benefit for income taxes.......................................
.
(24,139) (19,351) (3,039)
Benefit for income taxes.............................................................
.
-- (203) --
N
et loss......................................................................................... $ (24,139) $ (19,148) $ (3,039)
Basic and diluted loss per share............................................... $ (0.43) $ (0.43) $ (0.09)
Basic and diluted shares outstanding.....................................
.
55,889 44,373 32,546