8x8 2014 Annual Report Download - page 49

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8X8, INC.
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)
The accompanying notes are an integral part of these consolidated financial statements.
45
March 31,
2014
2013
ASSETS
Current assets:
Cash and cash equivalents
$
59,159
$
50,305
Short
-
term investments
47,181
1,964
Accounts receivable, net
5,503
3,880
Inventory
811
511
Deferred cost of goods sold
263
182
Deferred tax asset
2,065
6,096
Other current assets
1,951
732
Total current assets
116,933
63,670
Long
-
term investments
72,021
-
Property and equipment, net
7,711
6,673
Intangible assets, net
15,095
10,194
Goodwill
38,461
25,150
Non
-
current deferred tax asset
47,797
46,352
Other assets
1,185
572
Total assets
$
299,203
$
152,611
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
$
6,789
$
5,644
Accrued compensation
4,583
3,629
Accrued warranty
660
452
Accrued taxes
2,323
1,912
Deferred revenue
1,857
1,236
Other accrued liabilities
1,909
862
Total current liabilities
18,121
13,735
Non
-
current liabilities
1,619
1,843
Non
-current deferred revenue
1,285
-
Total liabilities
21,025
15,578
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, 2014 and 2013
-
-
Common stock, $0.001 par value:
Authorized: 200,000,000 shares;
Issued and outstanding: 88,525,015 shares and 72,108,980 shares
at March 31, 2014 and 2013, respectively
88
72
Additional paid
-
in capital
384,325
246,176
Accumulated other comprehensive gain (loss)
430
(36)
Accumulated deficit
(106,665)
(109,179)
Total stockholders' equity
278,178
137,033
Total liabilities and stockholders' equity
$
299,203
$
152,611