Digital River 2001 Annual Report Download - page 26

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24
Selected Financial Data
Digital River 2001 Annual Report
R evenue $ 57,825 $ 31,181 $ 14,507 $ 3,424 $ ,420
Costs and expenses (exclusive of
depreciation and amortization expense
shown separately below):
Direct cost of services 2,710 1,477 ,801 ,116 ,023
Network and infrastructure 10,200 7,867 4,434 1,836 ,580
Sales and marketing 27,489 25,693 17,383 9,310 1,446
Product research and development 11,192 13,063 10,251 3,140 ,877
General and administrative 4,701 4,628 4,001 3,111 ,837
Depreciation and amortization 4,627 3,178 1,552 ,604 ,195
Amortization of goodwill and
other intangibles and acquisition
related costs 17,009 15,387 6,886 ,–,–
Total costs and expenses 77,928 71,293 45,308 18,117 183,958
Loss from operations (20,103) (40,112) (30,801) (14,693) (3,538)
Interest income ,881 1,966 3,148 ,895 ,053
Net loss $(19,222) $(38,116) $(27,653) $(13,798) $ (3,485)
Basic and diluted net loss per share $ (0.79) $ (1.78) $ (1.36) $ (1.01) $ (0.46)
Shares used in per share computation 24,285 21,413 20,312 13,691 7,514
Cash and cash equivalents $ 21,677 $ 16,920 $ 15,120 $ 63,503 $ 2,126
Short-term investments 9,978 14,977 24,387 10,894 ,–
Working capital 14,024 17,038 28,777 70,563 1,244
Total assets 78,227 69,403 87,142 80,328 3,405
Accumulated deficit (103,114) (83,892) (45,776) (18,123) (4,325)
Total stockholders’ equity $ 50,422 $ 48,518 $ 73,077 $ 74,587 $ 2,329
Year Ended December 31,
(In thousands, except per share data) 2001 2000 1999 1998 1997
December 31,
(In thousands) 2001 2000 1999 1998 1997