Stamps.com 2006 Annual Report Download - page 42

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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,
2006
2005
ASSETS
Current assets:
Cash and cash equivalents
$
11,740
$
20,768
Restricted cash
554
554
Short-term investments
21,314
19,450
Trade accounts receivable, net
2,365
2,131
Other accounts receivable
671
628
Other current assets
2,095
1,278
Total current assets
38,739
44,809
Property and equipment, net
5,084
4,492
Intangible assets, net
1,956
3,666
Long-term investments
72,466
63,207
Other assets
3,305
2,280
Total assets
121,550
$
118,454
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses
$
11,015
$
8,514
Total current liabilities
11,015
8,514
Commitments and contingencies
Stockholders’ equity:
Common stock, $.001 par value
Authorized shares 47,500 in 2006 and 2005
Issued shares of 24,082 in 2006 and 23,372 in 2005
Outstanding shares of 22,185 in 2006 and 23,063 in 2005
Additional paid-in capital
618,664
607,869
Accumulated deficit
(477,221
)
(493,683
)
Treasury stock, at cost, 1,897 shares in 2006 and 309 shares in 2005
(30,429
)
(3,737
)
Accumulated other comprehensive loss
(526
)
(555
)
Total stockholders’ equity
110,535
109,940
Total liabilities and stockholders’ equity
$
121,550
$
118,454