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VONAGE HOLDINGS CORP. CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT
(
In thousands
)
C
ommon
S
toc
k
Addi
t
i
ona
l
P
a
id
-
i
n
C
apita
l
S
tock
S
ubscriptio
n
R
ece
i
va
ble
A
ccumu
l
ate
d
D
e
fi
c
it
T
reasur
y
S
toc
k
A
ccumu
l
ate
d
O
ther
C
omprehensiv
e
Income
(
Loss
)
Total
Balance at December 31, 2007 157 930,600 (5,266) (988,285) (12,499) 166 (75,127
)
S
tock o
p
tion exercises 1 46 4
7
S
hare-based ex
p
ense 12,238 12,238
Share-based award activity
y
(
205) (205)
Premium attributed to notes payable 37,884 37,884
y
Directed share program transactions, net 62 62
g
Stock subscription receivable payments 9 9
y
C
omprehensive loss
:
C
han
g
e in unrealized loss o
n
a
v
a
il
ab
l
e
-f
o
r-
sa
l
e
inv
es
tm
e
nt
s
(
1
)(
1
)
Foreign currency translation adjustment
gy
(
1,073
)(
1,073
)
N
et
l
oss
(
64,576) (64,576
)
Total comprehensive loss – – –
(
64,576
)
–
(
1,074
)(
65,650
)
Balance at December 31, 2008 158 980,768 (5,195) (1,052,861) (12,704) (908) (90,742
)
O
pening adjustment due to separat
e
valuation of embedded derivative (37,884) 7,223 (30,661
)
S
tock o
p
tion exercises 1 58 59
S
hare-based ex
p
ense 8,473 8,47
3
Share-based award activity
y
(
174
)(
174
)
C
onvertible notes conversion 43 62
,
327 62
,
370
Uncollected stock subscri
p
tion receivable
(
5,195
)
5,195
–
C
om
p
rehensive income
(
loss
):
Foreign currency translation adjustment
gy
1,364 1,364
Ne
tl
oss
(
42,598
)(
42,598
)
Total comprehensive loss – – – (42,598) – 1,364 (41,234
)
Balance at December 31, 2009
$
202
$
1,008,547
$
–
$(
1,088,236
)$(
12,878
)$
456
$(
91,909
)
S
tock option exercises 1 1,619 1,62
0
S
hare-based expense 8,255 8,255
Share-based award activity
y
(
261
)(
261
)
C
onvertible notes conversion 20 35,384 35,40
4
C
omprehensive income (loss)
:
Foreign currency translation adjustment
gy
909 909
N
et
l
oss
(
83,665) (83,665
)
Total comprehensive income (loss) – – – (83,665) – 909 (82,756)
Balance at December 31, 2010
$
223
$
1,053,805
$
–
$(
1,171,901
)$(
13,139
)$
1,365
$(
129,647
)
T
he accompanyin
g
notes are an inte
g
ral part o
f
these
f
inancial statement
s
F
-
7