8x8 2001 Annual Report Download - page 64

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CONSOLIDATED QUARTERLY FINANCIAL DATA
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
(UNAUDITED)
59
QUARTER ENDED
-----------------------------------------------------------------------------------------
MARCH 31, DEC. 31, SEPT. 30, JUNE 30, MARCH 31, DEC. 31, SEPT. 30, JUNE 30,
2001 2000 2000 2000 2000 1999 1999 1999
--------- -------- --------- -------- --------- -------- --------- --------
Total revenues........................ $ 4,409 $ 4,104 $ 3,892 $ 5,823 $ 6,542 $ 6,238 $ 6,710 $ 5,894
Cost of revenues...................... 1,695 1,948 1,765 1,578 1,806 1,993 1,446 3,353
-------- -------- -------- ------- ------- ------- ------- --------
Gross profit.......................... 2,714 2,156 2,127 4,245 4,736 4,245 5,264 2,541
-------- -------- -------- ------- ------- ------- ------- --------
Operating expenses:
Research and development............ 4,866 4,868 4,788 4,214 3,772 2,854 2,860 2,423
Selling, general, and
administrative.................... 5,189 4,497 4,728 3,699 10,389 3,545 3,786 3,587
In-process research and
development....................... -- -- 4,563 -- -- -- -- 10,100
Amortization of intangibles......... 3,612 3,612 3,573 190 190 189 185 50
Restructuring charge................ 33,316 -- -- -- -- -- -- --
-------- -------- -------- ------- ------- ------- ------- --------
Total operating expenses...... 46,983 12,977 17,652 8,103 14,351 6,588 6,831 16,160
-------- -------- -------- ------- ------- ------- ------- --------
Loss from operations.................. (44,269) (10,821) (15,525) (3,858) (9,615) (2,343) (1,567) (13,619)
Other income (expense), net........... (94) 67 554 645 231 109 195 1,881
-------- -------- -------- ------- ------- ------- ------- --------
Loss before income taxes.............. (44,363) (10,754) (14,971) (3,213) (9,384) (2,234) (1,372) (11,738)
Provision for income taxes............ 5 -- -- 12 54 -- 66 --
-------- -------- -------- ------- ------- ------- ------- --------
Net loss before cumulative effect of
change in accounting principle...... (44,368) (10,754) (14,971) (3,225) (9,438) (2,234) (1,438) (11,738)
Cumulative effect of change in
accounting principle................ -- (1,081) -- -- -- -- -- --
-------- -------- -------- ------- ------- ------- ------- --------
Net loss.............................. $(44,368) $(11,835) $(14,971) $(3,225) $(9,438) $(2,234) $(1,438) $(11,738)
======== ======== ======== ======= ======= ======= ======= ========
Net loss per share:
Basic and diluted................... $ (1.67) $ (0.47) $ (0.60) $ (0.14) $ (0.47) $ (0.12) $ (0.08) $ (0.72)
Shares used in per share calculations:
Basic and diluted................... 26,541 25,337 24,923 22,582 20,023 18,035 17,886 16,341