Stamps.com 2005 Annual Report Download - page 43

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STAMPS.COM INC.
BALANCE SHEETS
(in thousands, except per share data)
The accompanying notes are an integral part of these financial statements.
F-2
December 31,
2005
2004
Assets
Current assets:
Cash and cash equivalents
$
20,768
$
11,198
Restricted cash
554
554
Short-term investments
19,450
18,295
Trade accounts receivable, net
2,131
1,534
Other accounts receivable
628
170
Other current assets
1,278
701
Total current assets
44,809
32,452
Property and equipment, net
4,492
3,473
Intangible assets, net
3,666
4,765
Long-term investments
63,207
57,160
Other assets
2,280
2,578
Total assets
$
118,454
$
100,428
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses
$
8,514
$
5,541
Total current liabilities
8,514
5,541
Commitments and contingencies
Stockholders’ equity:
Common stock, $.001 par value
Authorized shares 47,500 in 2005 and 2004
Issued shares of 23,372 in 2005 and 22,633 in 2004
Outstanding shares of 23,063 in 2005 and 22,463 in 2004
46
45
Additional paid-in capital
607,869
601,064
Accumulated deficit
(493,683
)
(504,112
)
Treasury stock, at cost, 309 shares in 2005 and 170 shares in 2004
(3,737
)
(1,411
)
Accumulated other comprehensive loss
(555
)
(699
)
Total stockholders’ equity
109,940
94,887
Total liabilities and stockholders’ equity
$
118,454
$
100,428