8x8 2001 Annual Report Download - page 40

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The accompanying notes are an integral part of these consolidated financial statements.
35
stock options................... -- -- 416
Change in unrealized loss on
investments..................... (148) --
Net loss.......................... -- (19,224)
Total comprehensive loss.......... -- -- (19,372)
----- --------- --------
Balance at March 31, 1999......... (193) (28,899) 18,823
Acquisition of Odisei S.A. ....... -- -- 13,191
Issuance of common stock to
STMicroelectronics, net......... -- -- 35,093
Issuance of warrants with
convertible subordinated
debentures...................... -- -- 2,467
Issuance of common stock under
stock plans..................... -- -- 2,080
Repayment of notes receivable from
stockholders.................... -- -- 240
Repurchase of common stock........ -- -- (10)
Deferred compensation related to
stock options................... -- -- 161
Realized loss on investments...... 193 --
Net loss.......................... -- (24,848)
Total comprehensive loss.......... -- -- (24,655)
----- --------- --------
Balance at March 31, 2000......... -- (53,747) 47,390
Acquisition of UForce, Inc. ...... -- -- 44,588
Issuance of common stock under
stock plans..................... -- -- 2,762
Repayment of notes receivable from
stockholders.................... -- -- 60
Repurchase of common stock and
Exchangeable Shares............. -- -- (514)
Deferred compensation related to
stock options................... -- -- 753
Value of beneficial conversion
feature associated with the
convertible subordinated
debentures...................... -- -- 1,081
Change in unrealized loss on
investments..................... (24) --
Cumulative translation
adjustment...................... (65) --
Net loss.......................... -- (74,399)
Total comprehensive loss.......... -- -- (74,488)
----- --------- --------
Balance at March 31, 2001......... $ (89) $(128,146) $ 21,632
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