Support.com 2007 Annual Report Download - page 36

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ITEM 6. SELECTED CONSOLIDATED FINANCIAL DATA.
The information set forth below is not necessarily indicative of results of future operations and should be read in conjunction with "Management's
Discussion and Analysis of Financial Condition and Results of Operations" and the consolidated financial statements and related notes included in Items 7 and 8
of Part II of this Report.
Years Ended December 31,
2007
2006
2005
2004
2003
(in thousands, except per share data)
Consolidated Statements of Operations Data:
Revenue:
License fees $ 15,780 $ 16,415 $ 32,737 $ 37,923 $ 40,885
Maintenance 16,084 15,672 14,317 11,002 5,757
Services 15,938 12,941 14,877 11,692 6,629
Total revenue 47,802 45,028 61,931 60,617 53,271
Costs and expenses:
Cost of license fees 218 499 555 295 369
Cost of maintenance. 2,586 1,225 988 418 400
Cost of services 20,260 13,599 13,128 9,592 6,446
Amortization/write-down of intangible assets 2,815 1,090 1,090 363 —
Research and development 9,441 9,247 11,185 9,746 9,199
Sales and marketing 30,410 23,336 25,159 23,965 22,038
General and administrative 9,296 10,163 8,618 6,454 5,405
In-process research and development — — — 1,618 —
Total costs and expenses 75,026 59,159 60,723 52,451 43,857
Income (loss) from operations (27,224) (14,131) 1,208 8,166 9,414
Interest income and other, net 6,526 6,383 3,619 2,298 502
Income (loss) before income taxes (20,698) (7,748) 4,827 10,464 9,916
Provision for income taxes (671) (487) (402) (310) (496)
Net income (loss) (21,369) (8,235) 4,425 10,154 9,420
Basic net income (loss) per share $ (0.47) $ (0.19) $ 0.10 $ 0.24 $ 0.27
Shares used in computing basic net income (loss) per share 45,610 44,113 43,032 42,355 34,682
Diluted net income (loss) per share $ (0.47) $ (0.19) $ 0.10 $ 0.22 $ 0.25
Shares used in computing diluted net income (loss) per share 45,610 44,113 44,519 45,590 38,048
December 31,
2007
2006
2005
2004
2003
(in thousands)
Consolidated Balance Sheet Data:
Cash, cash equivalents and marketable securities $ 112,940 $ 119,891 $ 120,663 $ 120,341 $ 121,414
Working capital 109,280 118,238 119,807 113,320 114,089
Total assets 138,458 152,605 156,249 150,205 139,044
Long-term obligations 1,318 411 1,111 2,210 1,478
Accumulated deficit (90,559) (69,190) (60,955) (65,380) (75,534)
Total stockholders' equity 120,862 132,503 134,394 127,857 114,006
32
Source: SUPPORTSOFT INC, 10-K, March 13, 2008