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ITEM 6
.
Se
l
ec
t
ed
Fin
a
n
c
i
a
lD
a
t
a
The
f
ollowing table sets
f
orth our selected historical
f
inancial in
f
ormation. The statement o
f
operations and cash
f
low data
f
or the
y
ears ended December 31, 2008, 2007 and 2006 and the balance sheet data as of December 31, 2008 and 2007 are derived from ou
r
audited consolidated financial statements and related notes included elsewhere in this Annual Re
p
ort on Form 10-K. The statement o
f
operations and cash
f
low data
f
or the
y
ears ended December 31, 2005 and 2004 and the balance sheet data as o
f
December 31, 2006
,
2005 and 2004 are derived from our audited consolidated financial statements and related notes not included in this Annual Re
p
ort o
n
Form 10-K. The results included below and elsewhere are not necessarily indicative of our future performance. You should read this
i
nformation to
g
ether with “Mana
g
ement’s Discussion and Analysis of Financial Condition and Results of Operations” and our con-
s
olidated
f
inancial statements and the related notes included elsewhere in this Annual Re
p
ort on Form 10-K.
For the Years Ended December 31
,
(
in thousands, except per share amounts
)
2008 200
7
2006 200
5
2004
S
tatement of
O
perations Data:
Operatin
g
Revenues:
T
elephony services
$
865,765
$
803,522
$
581,806
$
258,165
$
75,864
C
ustomer equipment and shippin
g
34,355 24,706 25,591 11,031 3,844
900
,
120 828
,
228 607
,
397 269
,
196 79
,
708
O
perating Expenses:
Direct cost of telephon
y
services
(
1
)
226,210 216,831 171,958 84,050 23,209
R
o
y
a
l
t
y
–32
,
606 51
,
345 – –
Total direct cost of telephon
y
services 226,210 249,437 223,303 84,050 23,209
Direct cost of goods sold 79,382 59,117 62,730 40,441 18,878
S
elling, general and administrative 298,985 461,768 272,826 154,716 49,18
6
M
ar
k
et
i
ng
2
5
3,3
7
0 283,968 36
5
,349 243,404
5
6,0
7
5
D
eprec
i
at
i
on an
d
amort
i
zat
i
on 48,612 35,718 23,677 11,122 3,907
906,
55
9 1,090,008 94
7
,88
55
33,
7
33 1
5
1,2
5
5
L
oss from operations (6,439) (261,780) (340,488) (264,537) (71,547
)
N
et
l
os
s
$
(64,576) $ (267,428) $(338,573) $(261,334) $ (69,921
)
N
et
l
oss per common s
h
are ca
l
cu
l
at
i
on
:
N
et
l
os
s
$
(64,576) $ (267,428) $(338,573) $(261,334) $ (69,921
)
Imputed dividend on preferred shares – – –
(
605
)
–
Net loss attributable to common shareholders $ (64,576) $ (267,428) $(338,573) $(261,939) $ (69,921
)
Net loss
p
er common share
:
B
asic and diluted $
(
0.41
)
$
(
1.72
)
$
(
3.59
)
$
(
189.67
)
$
(
51.41
)
W
e
igh
te
d
-avera
g
e common s
h
ares outstan
di
n
g
:
Basic a
n
d dilu
t
ed
1
5
6
,
2
5
81
55,5
93 94
,
20
7
1
,
381 1
,
360
Statement of Cash Flow Data
:
Net cash provided by (used in) operatin
g
activities
$
655
$
(270,926)
$
(188,898)
$
(189,765)
$
(38,600)
Net cash provided by
(
used in
)
investin
g
activities 40,486 131,457
(
210,798
)(
154,638
)(
73,707
)
Net cash provided by
(
used in
)
financin
g
activities
(
65,470
)
245 477,429 434,006 141,09
4
2
5