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Table of Contents
Carbonite, Inc.
Consolidated Statements of Redeemable and Convertible Preferred Stock and Stockholders’ Equity (Deficit) and Comprehensive Loss
Series A
-
2
Redeemable
Convertible
Preferred Stock
Convertible
Preferred
Stock
Common Stock
Additional
Paid-in
Capital
Accumulated
Deficit
Treasury
Stock
Accumulated
Other
Comprehensive
Income
Total
Stockholders’
Equity (Deficit)
Comprehensive
Loss
Number of
Shares
Amount
Number of
Shares
Amount
Number of
Shares
Amount
(In thousands, except share and per share data)
Balance at December 31, 2008
502,874
3,984
3,405,827
44,403
3,978,204
40
661
(32,397
)
—
—
(
31,696
)
Issuance of common stock
—
—
—
—
55,500
1
70
—
—
—
71
Issuance of Series D
convertible preferred
stock, net of issuance costs
of $76
—
—
563,822
19,173
—
—
—
—
—
—
Issuance of common stock in
connection with stock
option exercises
—
—
—
—
232,374
2
182
—
—
—
184
Accretion of redeemable
convertible preferred stock
to redemption value
—
210
—
—
—
—
—
(
210
)
—
—
(
210
)
Share-based compensation
expense
—
—
—
—
—
—
390
—
—
—
390
Comprehensive loss:
Net loss
—
—
—
—
—
—
—
(
19,225
)
—
—
(
19,225
)
$
(19,225
)
Total
comprehensive
loss
$
(19,225
)
Balance at December 31, 2009
502,874
4,194
3,969,649
63,576
4,266,078
43
1,303
(51,832
)
—
—
(
50,486
)
Issuance of Series D
convertible preferred stock
—
—
21,968
750
—
—
—
—
—
—
—
Issuance of common stock in
connection with stock
option exercises
—
—
—
—
260,525
2
289
—
—
—
291
Accretion of redeemable
convertible preferred stock
to redemption value
—
210
—
—
—
—
—
(
210
)
—
—
(
210
)
Share-based compensation
expense
—
—
—
—
—
—
542
—
—
—
542
Comprehensive loss:
Foreign currency
translation
adjustment
—
—
—
—
—
—
—
—
—
3
3
$
3
Net loss
—
—
—
—
—
—
—
(
25,763
)
—
—
(
25,763
)
(25,763
)
Total
comprehensive
loss
$
(25,760
)
Balance at December 31, 2010
502,874
4,404
3,991,617
64,326
4,526,603
45
2,134
(77,805
)
—
3
(75,623
)
Issuance of common stock in
connection with stock
option exercises
—
—
—
—
825,302
8
982
—
—
—
990
Accretion of redeemable
convertible preferred stock
to redemption value
—
128
—
—
—
—
—
(
128
)
—
—
(
128
)
Repurchase of common stock
—
—
—
—
(
2,009
)
—
—
—
(
22
)
—
(
22
)
Share-based compensation
expense
—
—
—
—
—
—
1,357
—
—
—
1,357
Issuance of common stock in
connection with initial
public offering, net of
issuance costs of $2,995
—
—
—
—
6,303,973
63
55,569
—
—
—
55,632
Conversion of redeemable and
convertible preferred stock
into common stock
(502,874
)
(4,532
)
(3,991,617
)
(64,326
)
13,483,473
135
67,691
1,032
—
—
68,858
Reclassification of a warrant
to purchase shares of
redeemable and
convertible preferred stock
into a warrant to purchase
common stock
—
—
—
—
—
—
74
—
—
—
74
Comprehensive loss:
Unrealized loss on
available-for-sale
marketable
securities
—
—
—
—
—
—
—
—
—
(
2
)
(2
)
$
(2
)
Foreign currency
translation
adjustment
—
—
—
—
—
—
—
—
—
2
2
2
Net loss
—
—
—
—
—
—
—
(
23,536
)
—
—
(
23,536
)
(23,536
)
Total
comprehensive
loss
$
(23,536
)
Balance at December 31, 2011
—
$
—
—
$
—
25,137,342
251
$
127,807
$
(100,437
)
$
(22
)
$
3
$
27,602