NetFlix 2003 Annual Report Download - page 63

NETFLIX, INC.
STATEMENTS OF STOCKHOLDERS’ (DEFICIT) EQUITY AND COMPREHENSIVE INCOME (LOSS)
(in thousands, except share data)
Convertible
Preferred Stock Common Stock Additional
Paid-in
Capital
Deferred
Stock-Based
Compensation
Accumulated
Other
Comprehensive
Income
Accumulated
Deficit
Total
Stock-
holders’
(Deficit)
EquityShares Amount Shares Amount
Balances as of December 31, 2000 ................................ 4,444,545 $ 4 4,271,536 $ 4 $ 38,711 $(12,311) $ — $ (99,675) $ (73,267)
Netloss ................................................... — — — — — — — (39,182) (39,182)
Exercise of options .......................................... — — 60,092 — 125 — — — 125
Repurchase of restricted stock .................................. — — (11,250) — (12) — — — (12)
Issuance of common stock in exchange for services rendered ......... — — 3,332 — 10 — — — 10
Warrants issued in connection with subordinated notes payable ....... — — — — 10,884 — — — 10,884
Warrants issued in connection with capital lease obligation ........... — — — — 172 — — — 172
Warrants issued in exchange for services rendered .................. — — — — 18 — — — 18
Issuance of Series F non-voting preferred stock .................... 1,712,954 2 — — 4,279 — — — 4,281
Subscribed Series F non-voting preferred stock .................... — — — — 217 — — — 217
Deferred stock-based compensation, net .......................... — — — — (1,990) 1,990 — — —
Stock-based compensation expense ............................. — — — — — 6,250 — — 6,250
Balances as of December 31, 2001 ................................ 6,157,499 6 4,323,710 4 52,414 (4,071) — (138,857) (90,504)
Netloss ................................................... — — — — — — — (20,948) (20,948)
Net unrealized gains on available-for-sale securities .............. — — — — — — 774 — 774
Comprehensiveloss.......................................... (20,174)
Exercise of options .......................................... — — 877,676 1 1,286 — — — 1,287
Issuance of common stock under employee stock purchase plan ....... — — 95,492 — 363 — — — 363
Repurchase of restricted stock .................................. — — (3,458) — (6) — — — (6)
Issuance of Series F non-voting preferred stock .................... 3,492,737 4 — — 1,314 — — — 1,318
Issuance of common stock, net of costs .......................... — — 12,656,168 13 86,201 — — — 86,214
Conversion of preferred stock into common stock .................. (9,650,236) (10) 6,433,480 7 3 — — — —
Conversion of redeemable convertible preferred stock into common
stock ................................................... — — 19,319,400 19 101,811 — — — 101,830
Issuance of common stock upon exercise of warrants ............... — — 1,189,122 1 195 — — — 196
Deferred stock-based compensation, net .......................... — — — — 16,463 (16,463) — — —
Stock-based compensation expense ............................. — — — — — 8,832 — — 8,832
Balances as of December 31, 2002 ................................ — — 44,891,590 45 260,044 (11,702) 774 (159,805) 89,356
Netincome ................................................ — — — — — — — 6,512 6,512
Net unrealized losses on available-for-sale securities .............. — — — — — — (178) — (178)
Comprehensiveincome ....................................... 6,334
Exercise of options .......................................... — — 2,657,934 3 4,938 — — — 4,941
Issuance of common stock under employee stock purchase plan ....... — — 345,112 — 1,358 — — — 1,358
Issuance of common stock upon exercise of warrants ............... — — 2,954,734 3 (3) — — — —
Deferred stock-based compensation, net .......................... — — — — 1,067 (1,067) — — —
Stock-based compensation expense ............................. — — — — 3,432 7,287 — — 10,719
Balances as of December 31, 2003 ................................ — $— 50,849,370 $ 51 $270,836 $ (5,482) $ 596 $(153,293) $112,708
See accompanying notes to financial statements.
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