8x8 2009 Annual Report Download - page 50

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8X8, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
2009 2008 2007
Service revenues $ 58,486 $ 56,177 $ 45,046
Product revenues 6,188 5,469 8,084
Total revenues 64,674 61,646 53,130
Operating expenses:
Cost of service revenues 15,714 16,671 19,020
Cost of product revenues 7,135 6,762 8,074
Research and development 5,212 4,335 4,712
Selling, general and administrative 39,680 37,596 35,657
Total operating expenses 67,741 65,364 67,463
Loss from operations (3,067) (3,718) (14,333)
Other income, net 298 1,606 667
Income on change in fair value of warrant liability 314 2,142 3,736
Income (loss) before provision for income taxes (2,455) 30 (9,930)
Provision for income taxes 45 - -
Net income (loss) $ (2,500) $ 30 $ (9,930)
Net income (loss) per share:
Basic $ (0.04) $ 0.00 $ (0.16)
Diluted $ (0.04) $ 0.00 $ (0.16)
Weighted average number of shares:
Basic 62,317 61,897 61,365
Diluted 62,317 62,112 61,365
Years Ended March 31,
The accompanying notes are an integral part of these consolidated financial statements.
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