Stamps.com 2007 Annual Report Download - page 37

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TABLE OF CONTENTS
STAMPS.COM INC.
BALANCE SHEETS
(In Thousands, Except per Share Data)
The accompanying notes are an integral part of these financial statements.
December 31,
2007
2006
ASSETS
Current assets:
Cash and cash equivalents
$
43,667
$
11,740
Restricted cash
554
554
Short-term investments
22,084
21,314
Trade accounts receivable, net
2,519
2,365
Other accounts receivable
1,209
671
Other current assets
2,489
2,095
Total current assets
72,522
38,739
Property and equipment, net
3,790
5,084
Intangible assets, net
871
1,956
Long-term investments
24,518
72,466
Other assets
3,252
3,305
Total assets
$
104,953
$
121,550
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses
$
9,935
$
10,459
Deferred revenue
2,576
556
Total current liabilities
12,511
11,015
Commitments and contingencies
Stockholders’ equity:
Common stock, $.001 par value
Authorized shares 47,500 in 2007 and 2006
Issued shares: 24,258in 2007 and 24,082 in 2006
Outstanding shares: 19,813 in 2007 and 22,185 in 2006
47
47
Additional paid-in capital
622,781
618,664
Accumulated deficit
(466,555
)
(477,221
)
Treasury stock, at cost, 4,445 shares in 2007 and 1,897 shares in 2006
(63,737
)
(30,429
)
Accumulated other comprehensive loss
(94
)
(526
)
Total stockholders’ equity
92,442
110,535
Total liabilities and stockholders’ equity
$
104,953
$
121,550