EFTA00292114.pdf

CONFIDENTIAL DO NOT DISTRIBUTE AliphCom Financial Statements Year Ended December 31, 2011 Preliminary and Unaudited EFTA00292114 CONFIDENTIAL DO NOT DISTRIBUTE AliphCom Balance Sheet ($s in 000s) Preliminary and Unaudited 12/31/11 ASSE Curr nt Cash & Restricted C Accounts receitaljelnd other receivables 18,689 Inventory Prepaids and other ci‘eienets Total current assets enit Property and equipment, net,Neec $ 77,066 Other assets TOTAL ASSETS O 14,175 2,341 112,271 5,538 7,399 $ 125,208 LIABILITIES AND STOCKHOLDEIWE ITY Current liabilities: Accounts payable L e 29,865 Accrued expenses A\ 25,329 Deferred revenues v an 3,109 Other current liabilities 1/43 Igkin Total current liabilities , ThISP TOTAL LIABILITIES Stockholders' equity: Common stock, preferred stock, & addl paid in capital 165,321 Retained earnings (retained loss) (113,552) Accumulated other comprehensive income (loss) 9 TOTAL EQUITY 51,778 TOTAL LIABILITIES AND EQUITY $ 125,208 / (Z s O UNAUDITED EFTA00292115 CONFIDENTIAL DO NOT DISTRIBUTE AliphCom Income Statement Preliminary and unaudited ($s in 000s) t Cost of goods sold. COGS depreciation Total cost of goods sol Gross profit Gross margin (%) Selling and marketing General and administrative Research and development Depreciation and amortization Total operating expenses Operating loss Operating margin (%) Stock based compensation Interest income (expense) Other income (expense) Income before provision for income taxes Provision for income taxes Net revenue mgrtization 7.1\ FY 2011 $ 128,876 122,081 1,602 123,683 5,193 4.0% 24,989 18,639 30,353 1,832 (71,916) 66 Net loss $ (71,982) Net margin (%) -55.8% UNAUDITED EFTA00292116 CONFIDENTIAL DO NOT DISTRIBUTE AliphCom Statement of Cash Flows ($s in 000s) Preliminary and Unaudited Fiscal Year Cash Flow F Net income/loss Depreciation & amortizajte Share-based compensatio Effects of exchange rate c monetary assets and liabilities Changes in operating assets ties: Accounts receivable Inventory ating Activities 12/31/2011 (71,982) 3,434 1,160 rfr, Other current assets and non-current Alb I Accounts payable Deferred revenue Other current and non-current liabilities Net cash used in o ratio activities 52.016 Cash flow from investing activities A Capital expenditures Net cash used in investing activities e1 ‘rn L. I, 9 (11,736) 1,062 (6,176) 8,495 (269) 23,987 Cash Flow From Financing Activities Proceeds from option and warrant exercises Proceeds from issuance of common stock Proceeds from issuance of preferred stock Net cash provided by financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period (6,154) (6,154) Ve i LS")1% 664 O 11,846 43 43 48,0(3 28,99 (..9 77.066 UNAUDITED EFTA00292117