Earthlink 2008 Annual Report Download - page 268

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HELIO, INC. and HELIO LLC
COMBINED STATEMENTS OF CASH FLOWS
(In thousands)
The accompanying notes are an integral part of these combined financial statements.
8
Period of
Inception
(January 27,
2005) to
December 31,
Year ended
December
Year ended
December
2005
31, 2006
31, 2007
Supplemental Disclosure on Non
-
cash Operating, Investing and Financing Activities:
Non
-
cash operating activities
Supplemental compensation paid by a Partner to certain employees
$
1,621
$
1,213
$
1,498
Non
-
cash investing activities
Assets and goodwill contributed by a Partner in conjunction with the Company
s formation
$
40,000
$
$
Accrued property and equipment purchases
9,566
1,193
Non
-
cash financing activities
Warrants issued to a Partner to purchase common stock in exchange for services
$
43
$
628
$
222
Exchange of Partner convertible notes payable in the aggregate principal amount of
$70,000 principal and accrued interest of $478 into Preferred Membership Units
70,478
Issuance of common stock to a Partner in exchange for services
1,112
263
Issuance of a warrant to purchase common stock to a third party in exchange for services
396