8x8 2000 Annual Report Download - page 39

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8X8, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(IN THOUSANDS, EXCEPT SHARE AMOUNTS)
NOTES ACCUMULATED
PREFERRED STOCK COMMON STOCK ADDITIONAL RECEIVABLE OTHER
------------------- ------------------- PAID-IN FROM DEFERRED COMPREHENSIVE
SHARES AMOUNT SHARES AMOUNT CAPITAL STOCKHOLDERS COMPENSATION LOSS
---------- ------ ---------- ------ ---------- ------------ ------------ -------------
Balance at March 31, 1997.... 3,726,373 $4 6,990,286 $ 7 $ 23,291 $(1,078) $(2,781) --
Issuance of common stock
upon initial public
offering, net of issuance
costs of $2,231........... -- -- 4,140,000 4 24,675 -- -- --
Issuance of common stock
upon exercise of options
and purchases under the
employee stock purchase
plan...................... -- -- 483,593 -- 597 -- -- --
Conversion of convertible
noncumulative preferred
stock to common stock..... (3,726,373) (4) 3,726,373 4 -- -- -- --
Issuance of warrant......... -- -- -- -- 17 -- -- --
Repayment of notes
receivable from
stockholders.............. -- -- -- -- -- 162 -- --
Repurchase of unvested
common stock.............. -- -- (46,638) -- (23) 23 -- --
Deferred compensation
related to stock
options................... -- -- -- -- (772) -- 2,037 --
Unrealized loss on
investments............... -- -- -- -- -- -- -- (45)
Net income.................. -- -- -- -- -- -- -- --
Total comprehensive
income.................... -- -- -- -- -- -- -- --
---------- -- ---------- --- -------- ------- ------- -----
Balance at March 31, 1998.... -- -- 15,293,614 15 47,785 (893) (744) (45)
Issuance of common stock
upon exercise of options
and purchases under the
employee stock purchase
plan...................... -- -- 389,823 -- 838 -- -- --
Repayment of notes
receivable from
stockholders.............. -- -- -- -- -- 498 -- --
Repurchase of unvested
common stock.............. -- -- (257,685) -- (129) 129 -- --
Deferred compensation
related to stock
options................... -- -- -- -- (131) -- 547 --
Unrealized loss on
investments............... -- -- -- -- -- -- -- (148)
Net loss.................... -- -- -- -- -- -- -- --
Total comprehensive loss.... -- -- -- -- -- -- -- --
---------- -- ---------- --- -------- ------- ------- -----
Balance at March 31, 1999.... -- -- 15,425,752 15 48,363 (266) (197) (193)
Issuance of common stock in
conjunction with the
acquisition of Odisei
S.A. ..................... -- -- 2,988,646 3 13,264 (76) -- --
Issuance of common stock to
STMicroelectronics, net of
issuance costs............ -- -- 3,700,000 4 35,089 -- -- --
Issuance of warrants with
convertible debentures.... -- -- -- -- 2,467 -- -- --
Issuance of common stock
upon exercise of options
and purchases under the
employee stock purchase
plan...................... -- -- 906,119 1 2,079 -- -- --
Repayment of notes
receivable from
stockholders.............. -- -- -- -- -- 240 -- --
Repurchase of common stock.. -- -- (61,596) -- (43) 33 -- --
Deferred compensation
related to stock
options................... -- -- -- -- 340 -- (179) --
Realized loss on
investments............... -- -- -- -- -- -- -- 193
Net loss.................... -- -- -- -- -- -- -- --
Total comprehensive loss..... -- -- -- -- -- -- -- --
---------- -- ---------- --- -------- ------- ------- -----
Balance at March 31, 2000.... -- $-- 22,958,921 $23 $101,559 $ (69) $ (376) $ --
========== == ========== === ======== ======= ======= =====
ACCUMULATED
DEFICIT TOTAL