Jamba Juice 2008 Annual Report Download - page 61
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Table of Contents
Balance as of January 6, 2005 (inception) — $ — $ — $ — $ —
Common shares issued 3,750,000 4 25 — 29
Sale of 15,000,000 shares, net of underwriters’ discount and offering expenses
(including 2,998,500 shares subject to possible redemption) 15,000,000 15 110,903 — 110,918
Sale of 2,250,000 shares through the over-allotment option offering, net of
underwriters’ discount (including 449,775 shares subject to possible
redemption) 2,250,000 2 16,918 — 16,920
Proceeds subject to possible redemption (3,448,275 shares) — — (25,241) — (25,241)
Reclassification to derivative liabilities (warrants) for part of proceeds from the
sale of shares — — (16,112) — (16,112)
Net income — — — 3,296 3,296
Balance as of December 31, 2005 21,000,000 21 86,493 3,296 89,810
Net income — — — 297 297
Balance as of January 10, 2006 21,000,000 21 86,493 3,593 90,107
Issuance of shares in private placement 30,879,999 31 231,569 — 231,600
Private placement fees — — (6,750) — (6,750)
Reclass of common stock subject to redemption — — 25,241 — 25,241
Exercise of warrants 1,617 — 7 — 7
Stock-based compensation expense — — 427 — 427
Assumption of Jamba Juice Company options and warrants at fair value — — 4,269 — 4,269
Net loss — — — (59,026) (59,026)
Balance as of January 9, 2007 51,881,616 52 341,256 (55,433) 285,875
Exercise of warrants 669,500 1 6,500 — 6,501
Exercise of stock options 51,640 — 214 — 214
Stock-based compensation expense — — 4,214 — 4,214
Restricted shares vested in 2007 34,375 — — — —
Net loss — — — (113,296) (113,296)
Balance as of January 1, 2008 52,637,131 $ 53 $ 352,184 $(168,729) $ 183,508
See Notes to Consolidated Financial Statements.
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