Support.com 2007 Annual Report Download - page 53

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SUPPORTSOFT, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands except share and per share data)
December 31,
2007
2006
ASSETS
Current assets:
Cash and cash equivalents $ 12,926 $ 15,369
Marketable securities 100,014 104,522
Accounts receivable, less allowance of $310 and $373 at December 31, 2007 and 2006,
respectively 10,087 15,144
Prepaid expenses and other current assets 2,531 2,894
Total current assets 125,558 137,929
Property and equipment, net 2,086 937
Goodwill 9,792 9,792
Intangible assets, net 340 3,155
Other assets 682 792
Total assets $ 138,458 $ 152,605
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 461 $ 331
Accrued compensation 2,320 2,112
Other accrued liabilities 3,421 3,813
Deferred revenue, less long-term portion 10,076 13,435
Total current liabilities 16,278 19,691
Deferred revenue—long-term portion 426 178
Other long-term liabilities 892 233
Total liabilities 17,596 20,102
Commitments and contingencies
Stockholders' equity:
Preferred stock; par value $0.0001, 5,000,000 shares authorized; no shares issued or
outstanding — —
Common stock; par value $0.0001, 150,000,000 shares authorized; 46,012,109 issued and
outstanding at December 31, 2007 and 44,587,720 issued and outstanding at December 31,
2006 5 4
Additional paid-in capital 212,188 202,440
Accumulated other comprehensive loss (772) (751)
Accumulated deficit (90,559) (69,190)
Total stockholders' equity 120,862 132,503
Total liabilities and stockholders' equity $ 138,458 $ 152,605
See accompanying notes.
49
Source: SUPPORTSOFT INC, 10-K, March 13, 2008