Support.com 2007 Annual Report Download - page 81

Download and view the complete annual report

Please find page 81 of the 2007 Support.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 106

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106

SUPPORTSOFT, INC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 7. Income Taxes (Continued)
As of December 31, 2007, the amount of recognized tax benefit where it is reasonably possible that a significant change may occur in the next 12 months is
approximately $12,000. The change would result from expiration of a statute of limitations in a foreign jurisdiction.
The tax years 1997 to 2006 remain open in several jurisdictions, none of which has individual significance.
Note 8. Quarterly Financial Information (Unaudited)
Selected quarterly financial information for 2007 and 2006 is as follows:
Fiscal Year 2007 Quarter Ended
Mar. 31,
2007
June 30,
2007
Sept. 30,
2007
Dec. 31,
2007
(in thousands, except per share data)
Statements of Operations Data:
License fees $ 3,248 $ 5,891 $ 2,586 $ 4,055
Maintenance 3,923 3,910 4,201 4,050
Services 3,255 3,632 4,536 4,515
Total revenue 10,426 13,433 11,323 12,620
Cost of license fees 38 52 52 76
Cost of maintenance 638 661 630 657
Cost of services 4,483 5,170 5,279 5,328
Amortization/write-down of intangible assets 272 272 272 1,999
Research and development 2,271 2,434 2,366 2,370
Sales and marketing 7,460 8,662 6,959 7,329
General and administrative 2,524 2,501 2,211 2,060
Loss from operations (7,260) (6,319) (6,446) (7,199)
Net loss (5,622) (4,919) (5,022) (5,806)
Basic net loss per share $ (0.13) $ (0.11) $ (0.11) $ (0.13)
Diluted net loss per share $ (0.13) $ (0.11) $ (0.11) $ (0.13)
77
Source: SUPPORTSOFT INC, 10-K, March 13, 2008