Support.com 2008 Annual Report Download - page 53

Download and view the complete annual report

Please find page 53 of the 2008 Support.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 116

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116

Table of Contents
SUPPORTSOFT, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in thousands, except share data)
Common Stock
Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Income (Loss)
Accumulated
Deficit
Total
Stockholders’
Equity
Shares Amount
Balances at December 31, 2005 43,627,075 $ 4 $ 195,990 $ (645) $ (60,955) $ 134,394
Components of comprehensive income:
Net loss — — — — (8,235) (8,235)
Unrealized gain on investments — — — 63 — 63
Foreign currency translation adjustment — — — (169) — (169)
Comprehensive loss (8,341)
Issuance of common stock upon exercise of stock options for cash 3,338 3,338
Issuance of common stock under employee stock purchase plan 807,967 — 2,600 — — 2,600
Repurchase of common stock 152,678 — 512 — — 512
Balances at December 31, 2006 44,587,720 $ 4 $ 202,440 $ (751) $ (69,190) $ 132,503
Components of comprehensive income:
Net loss — — (21,369) (21,369)
Unrealized gain on investments — — — 75 — 75
Foreign currency translation adjustment — — — (96) — (96)
Comprehensive loss (21,390)
Stock-based compensation expense — — 4,943 — — 4,943
Issuance of common stock upon exercise of stock options for cash 1,292,953 1 4,298 — — 4,299
Issuance of common stock under employee stock purchase plan 131,436 — 507 — — 507
Balances at December 31, 2007 46,012,109 $ 5 $ 212,188 $ (772) $ (90,559) $ 120,862
Components of comprehensive income:
Net loss — — (19,106) (19,106)
Unrealized gain on investments — — — (1,600) — (1,600)
Foreign currency translation adjustment — — — (169) — (169)
Comprehensive loss (20,875)
Stock-based compensation expense — — 5,078 — — 5,078
Issuance of common stock upon exercise of stock options for cash 2,333 — 1 — — 1
Issuance of common stock under employee stock purchase plan 127,301 — 380 — — 380
Balances at December 31, 2008 46,141,743 $ 5 $ 217,647 $ (2,541) $ (109,665) $ 105,446
See accompanying notes.
50
Source: SUPPORTSOFT INC, 10-K, March 11, 2009