| |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Genus,
Inc. |
|
|
Exhibit
1 |
| Condensed
Consolidated Statement of Operations (Unaudited) |
|
|
|
|
|
| (Amounts
in thousands, except per share data) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three
Months Ended |
|
Six
Months Ended |
|
|
|
|
June
30, |
|
June
30, |
|
|
|
|
2001
|
|
2000
|
|
2001
|
|
2000
|
|
|
|
|
|
|
|
| Net
sales |
|
$13,659
|
|
$
6,586 |
|
$27,968
|
|
$
10,412 |
|
|
|
|
|
|
|
|
| Costs
and expenses: |
|
|
|
|
|
Cost
of goods sold |
|
8,620
|
|
4,175
|
|
17,223
|
|
7,019
|
|
|
|
|
Research
and development |
|
3,242
|
|
1,968
|
|
6,246
|
|
3,728
|
|
|
|
|
Selling,
general and administrative |
|
2,714 |
|
2,398 |
|
5,232 |
|
5,223 |
|
|
|
|
Loss from operations |
|
(917) |
|
(1,955) |
|
(733) |
|
(5,558) |
|
|
|
|
|
|
|
|
|
| Other,
net |
|
78
|
|
(4) |
|
80
|
|
282
|
|
|
|
|
Loss
before income taxes |
|
(839) |
|
(1,959) |
|
(653) |
|
(5,276) |
|
|
|
|
|
|
|
|
|
|
Provision
for income taxes |
|
14 |
|
100 |
|
69 |
|
350 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss
before cumulative |
|
|
|
|
|
|
|
|
|
|
|
effect
of change in accounting principle |
|
(853) |
|
(2,059) |
|
(722) |
|
(5,626) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative
effect of change in accounting principle |
|
|
|
|
|
(6,770) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss |
|
$ (853) |
|
$(2,059) |
|
$ (722) |
|
$(12,396) |
|
|
|
|
|
|
|
|
|
Loss
per common share and |
|
|
|
|
|
|
|
|
|
|
|
per
common share assuming basic shares |
|
$ (0.04) |
|
$ (0.11) |
|
$ (0.04) |
|
$ (0.66) |
|
|
|
|
|
|
|
|
Loss
per common share and |
|
|
|
|
|
|
|
|
|
|
per
common share assuming dilution |
|
$ (0.04) |
|
$ (0.11) |
|
$ (0.04) |
|
$ (0.66) |
|
|
|
|
|
|
|
|
Shares
used in per share calculations-basic
|
|
20,731
|
|
18,839
|
|
20,055
|
|
18,704
|
|
|
|
Shares
used in per share calculations-diluted |
|
20,731
|
|
18,839
|
|
20,055
|
|
18,704
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GENUS,
INC. |
|
|
Exhibit
2 |
|
Condensed
Consolidated Balance Sheets (Unaudited) |
|
|
|
|
(Amounts
in thousands) |
|
|
|
|
|
|
|
|
|
June
|
|
|
December
|
|
|
|
|
2001
|
|
|
2000
|
|
|
|
Assets |
|
|
|
|
|
|
Cash
and cash equivalents |
|
$
3,513 |
|
|
$
3,136
|
|
|
|
Accounts
receivable, net |
|
7,232
|
|
|
8,479
|
|
|
|
Inventories |
|
20,052
|
|
|
21,849
|
|
|
|
Other
current assets |
|
572
|
|
|
675
|
|
|
|
Total
current assets |
|
31,369
|
|
|
34,139
|
|
|
|
|
|
|
|
|
|
Equipment,
furniture and fixtures, net |
|
13,374
|
|
|
10,207
|
|
|
|
Other
assets, net |
|
181
|
|
|
189
|
|
|
|
Total
assets |
|
$44,924 |
|
|
$44,535
|
|
|
|
|
|
|
|
|
|
Liabilities,
redeemable preferred stock, |
|
|
|
|
|
|
and
shareholders' equity |
|
|
|
|
|
|
Deferred
revenue |
|
$
9,371 |
|
|
$18,562
|
|
|
|
Other
current liabilities |
|
17,382 |
|
|
14,681
|
|
|
|
Shareholders'
equity |
|
18,171
|
|
|
11,292
|
|
|
|
Total
liabilities, redeemable preferred stock, |
|
|
|
|
|
|
and
shareholders' equity |
|
$44,924 |
|
|
$44,535
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
