Overstock.com 2004 Annual Report Download - page 68

Overstock.com, Inc.
Consolidated Statements of Stockholders' Equity
and Comprehensive Income
Common stock
Accumulated
Other
Comprehensive
Income (Loss)
Additional
Paid-in
capital
Accumulated
deficit
Unearned
stock-based
compensation
Treasury
stock
Shares Amount Total
(amounts in thousands)
Balance at December 31, 2001 10,327 $ 1 $ 52,187 $ (44,093) $ (2,015) $ (100) $ — $ 5,980
Issuance of common stock 7 — 212 — — — — 212
Exercise of stock options and warrants 149 — 615 — — — — 615
Deemed dividend related to beneficial conversion feature of preferred stock — — 6,607 (6,607) — — — —
Conversion of Series A redeemable preferred stock to common stock 959 — 6,582 — — — — 6,582
Issuance of common stock in IPO 2,256 — 26,140 — — — — 26,140
Unearned stock-based compensation from options issued to employees — — 3,481 — (3,481) — — —
Amortization of stock-based compensation — — — — 3,276 — — 3,276
Stock-based compensation to consultants in exchange for services — — 131 — (107) — — 24
Lapse of rescission rights on redeemable common stock 168 — 1,327 — — — — 1,327
Deemed dividend related to redeemable common stock — — — (406) — — — (406)
Net loss — — — (4,560) — — — (4,560)
Unrealized gain on marketable securities — — — — — — 81 81
Total comprehensive loss (4,479)
Balance at December 31, 2002 13,866 1 97,282 (55,666) (2,327) (100) 81 39,271
Exercise of stock options and warrants 247 — 1,227 — — — — 1,227
Issuance of common stock in follow-on offering 1,725 1 23,967 — — — — 23,968
Issuance of common stock — — 21 — — — — 21
Forfeitures of unearned stock-based compensation from options issued to
employees — — (478) — 478 — — —
Amortization of stock-based compensation — — — — 846 — — 846
Stock-based compensation to consultants in exchange for services — — 268 — (91) — — 177
Lapse of rescission rights on redeemable common stock 222 — 1,647 — — — — 1,647
Deemed dividend related to redeemable common stock — — — (262) — — — (262)
Net loss — — — (11,887) — — — (11,887)
Realized gain on marketable securities — — — — — — (15) (15)
Unrealized loss on marketable securities — — — — — — (78) (78)
Cumulative translation adjustment — — — — — — (1) (1)
Total comprehensive loss (11,981)
Balance at December 31, 2003 16,060 2 123,934 (67,815) (1,094) (100) (13) 54,914
Exercise of stock options and warrants 650 — 4,288 — — — — 4,288
Issuance of common stock in follow-on offerings 2,680 — 113,064 — — — — 113,064
Forfeitures of unearned stock-based compensation from options issued to
employees — — (198) — 198 — — —
Amortization of stock-based compensation — — — — 360 — — 360
Stock-based compensation to consultants in exchange for services — — 2,043 — (765) — — 1,278
Deemed dividend related to redeemable common stock — — — (188) — — — (188)
Net loss — — — (5,002) — — — (5,002)
Realized gain on marketable securities — — — — — — (2) (2)
Unrealized loss on marketable securities — — — — — — (202) (202)
Cumulative translation adjustment — — — — — — 22 22
Total comprehensive loss (5,184)
Balance at December 31, 2004 19,390 $ 2 $ 243,131 $ (73,005) $ (1,301) $ (100) $ (195) $168,532
The accompanying notes are an integral part of these consolidated financial statements.
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