Digital River 2002 Annual Report Download - page 32

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26
ITEM 6. SELEC TED F IN A NC IA L D ATA .
YEAR ENDED DECEMBER 31,
2002 2001 2000 1999 1998
(in thousands, except per share data)
Statement of Operations Data:
Revenue ..................................................... $ 77,783 $ 57,825 $
31,181
$ 14,507 $ 3,424
Costs and expenses (exclusive of
depreciation and amortization expense
shown separately below):
Direct cost of services ........................... 2,357 2,710
801 116
Network and infrastructure.................... 11,405 10,200
4,434 1,836
Sales and marketing............................... 32,437 27,489
17,383 9,310
Product research and development........ 11,454 11,192
10,251 3,140
General and administrative.................... 6,799 4,701
4,001 3,111
Litigation and other charges .................. 2,500 —
— —
Depreciation and amortization .............. 6,009 4,627
1,552 604
Amortization of goodwill and other
intangibles and acquisition related
costs ................................................... 5,738 17,009
6,886 —
Total costs and expenses ........................... 78,699 77,928
45,308 18,117
Loss from operations ................................. (916) (20,103)
) (30,801) (14,693)
Interest income .......................................... 406 881
3,148 895
Net loss ...................................................... $ (510) $ (19,222) $
(38,116
) $ (27,653) $ (13,798)
Basic and diluted net loss per share........... $ (0.02) $ (0.79) $
(1.78
) $ (1.36) $ (1.01)
Shares used in per share computation ....... 26,791 24,285
20,312 13,691
DECEMBER 31,
2002 2001 2000 1999 1998
(in thousands)
B alanc e She et D ata:
C as h a nd c a sh e quiva lents ............................ $ 40,801 $ 21,677 $ 16,92
0
$ 15,120 $ 63,503
Short-te rm inve s tments ................................. — 9,978 14,97
24,387 10,894
W orking ca pital.............................................. 14,498 14,024 17,03
28,777 70,563
Total as se ts...................................................... 95,693 78,227 69,40
87,142 80,328
A cc umula te d deficit....................................... (103,624) (103,114) (83,89
) (45,77
6
) (18,12
3
)
Total stoc kholde rs ’ e quity ............................ $ 57,186 $ 50,422 $ 48,51
8
$ 73,077 $ 74,587