8x8 2013 Annual Report Download - page 44

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42
8X8, INC.
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)
2013
2012
ASSETS
Current assets:
Cash and cash equivalents
$
50,305
$
22,426
Short-term investments
1,964
1,942
Accounts receivable, net
3,880
2,279
Inventory
511
581
Deferred cost of goods sold
182
122
Deferred tax asset
6,096
7,730
Other current assets
732
806
Total current assets 63,670 35,886
Property and equipment, net
6,673
3,820
Intangible assets, net
10,194
11,622
Goodwill
25,150
25,150
Non-current deferred tax asset
46,352
53,977
Other assets 572 278
Total assets $ 152,611 $ 130,733
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
$
5,644
$
5,476
Accrued compensation
3,629
3,105
Accrued warranty
452
387
Accrued taxes
1,912
1,472
Deferred revenue
1,236
891
Other accrued liabilities
862
884
Total current liabilities
13,735
12,215
Non-current liabilities
1,843
68
Total liabilities
15,578
12,283
Commitments and contingencies (Note 4)
Stockholders' equity:
Preferred stock, $0.001 par value:
Authorized: 5,000,000 shares;
Issued and outstanding: no shares at March 31, 2013 and 2012
-
-
Common stock, $0.001 par value:
Authorized: 200,000,000 shares;
Issued and outstanding: 72,108,980 shares and 70,679,493 shares
at March 31, 2013 and 2012, respectively
72
71
Additional paid-in capital
246,176
241,555
Accumulated other comprehensive loss
(36)
(58)
Accumulated deficit (109,179) (123,118)
Total stockholders' equity 137,033 118,450
Total liabilities and stockholders' equity $ 152,611 $ 130,733
March 31,
The accompanying notes are an integral part of these consolidated financial statements.