8x8 2004 Annual Report Download - page 44

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41
8X8, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(IN THOUSANDS, EXCEPT SHARES)
Notes Accumulated
Receivable other
Additional from Deferred Comprehen-
Common St oc k Paid-in Stoc k- Compensa- sive Ac cumulate d
Shar e s A mount C apit a l ho lde r s t ion Loss De f ic it To tal
Balance at March 31, 2001........................... 26,680,726 $ 27 $ 150,015 $ (1) $ (174) $ (89) $ (128,146) $ 21,632
Redem ption of convertible -- -- -- -- -- -- -- --
subordinated debentures.............................
.
1,000,000 -- 321 -- -- -- (25) 296
Issuance of common stock under
stock plans.................................................... 457,346 -- 335 -- -- -- -- 335
Issuance of common stock to debt
holde rs to satisfy interest
obligations.................................................... 95,699 -- 97 -- -- -- -- 97
Forgiveness of note receivable..................... (5,556) -- (1) 1 -- -- -- --
Deferred compensation related
to stock options............................................. -- -- (155) -- 144 -- -- (11)
Cum ulative translation
adjustment................................................... -- -- -- -- -- (10) -- --
Net loss......................................................... -- -- -- -- -- -- (9,105) --
Total com prehensive loss.............................
.
-- -- -- -- -- -- -- (9,115)
Balance at March 31, 2002........................... 28,228,215 $ 27 150,612 -- (30) (99) (137,276) 13,234
Issuance of common stock under
stock plans.................................................... 242,772 1 88 -- -- -- -- 89
Common stock no longer
contingently redeemable............................ -- -- 144 -- -- -- -- 144
Deferred compensation related
to stock options............................................. -- -- (17) -- 18 -- -- 1
Cum ulative translation
adjustment................................................... -- -- -- -- -- 99 -- --
Net loss......................................................... -- -- -- -- -- -- (11,403) --
Total com prehensive loss.............................
.
-- -- -- -- -- -- -- (11,304)
Balance at March 31, 2003........................... 28,470,987 $ 28 150,827 -- (12) -- (148,679) 2,164
Issuance of common stock under
stock plans.................................................... 1,445,438 2 1,880 -- -- -- -- 1,882
Sale of comm on stock and warrants in -- -- --
financing transactions.................................
.
4,899,773 4 7,896 -- -- -- -- 7,900
Issuance of common stock on exercise
of warrants..................................................
.
3,499,571 4 1,895 -- -- -- -- 1,899
Stock com pensation charge..........................
.
-- -- 1,308 -- -- -- -- 1,308
Common stock no longer
contingently redeemable............................ -- -- 669 -- -- -- -- 669
Deferred compensation related
to stock options............................................. -- -- (6) -- 9 -- -- 3
Net loss......................................................... -- -- -- -- -- -- (3,039)
Total com prehensive loss.............................
.
-- -- -- -- -- -- -- (3,039)
Balance at March 31, 2004........................... 38,315,769 $ 38 $ 164,469 $ -- $ (3) $ -- $ (151,718) $ 12,786
The accompanying notes are an integral part of these consolidated financial statements.