| |
| Genus,
Inc. |
| Condensed
Consolidated Statement of Operations (Unaudited) |
| (Amounts
in thousands, except per share data) |
| |
| |
Three Months
Ended
|
|
Twelve Months
Ended
|
| |
December
31,
|
|
December
31,
|
| |
2001
|
|
2000
|
|
2001
|
|
2000
|
| |
| Net
sales |
$ 5,677
|
|
$ 15,683
|
|
$ 48,739
|
|
$ 40,638
|
| |
| Costs
and expenses: |
|
|
|
|
|
|
|
| Cost
of goods sold |
4,977
|
|
9,322
|
|
32,500
|
|
24,385
|
| Research
and development |
3,280
|
|
2,897
|
|
12,118
|
|
8,659
|
| Selling,
general and administrative |
2,410
|
|
2,050
|
|
10,381
|
|
10,093
|
| Income(loss)
from operations |
(4,990)
|
|
1,414
|
|
(6,260)
|
|
(2,499) |
| |
| Other,
net |
(209) |
|
(275)
|
|
(336)
|
|
108
|
| Income(loss)
before income taxes |
(5,199)
|
|
1,139 |
|
(6,596)
|
|
(2,391) |
| |
| Provision
for Income Taxes |
1 |
|
40 |
|
70 |
|
490 |
| |
| Income
(loss) before cumulative effect of change in accounting principle |
(5,200)
|
|
1,099
|
|
(6,666)
|
|
(2,881) |
| |
| Cumulative
effect of change in accouting principle |
0
|
|
0
|
|
0 |
|
(6,770) |
| |
| Net
income (loss) attributable to common sharholders |
$(5,200)
|
|
$
1,099 |
|
$
(6,666) |
|
$
(9,651) |
| |
Income (loss) per share before cumulative
effect of change in accounting principle |
| Basic |
$(0.23)
|
|
$0.06
|
|
$(0.31)
|
|
$(0.15)
|
| Diluted |
$(0.23)
|
|
$0.06
|
|
$(0.31)
|
|
$(0.15)
|
| |
|
|
|
|
|
|
|
| Net Income (loss) per share |
|
|
|
|
|
|
|
| Basic |
$(0.23)
|
|
$0.06
|
|
$(0.31)
|
|
$(0.51)
|
| Diluted |
$(0.23)
|
|
$0.06
|
|
$(0.31)
|
|
$(0.51)
|
| |
|
|
|
|
|
|
|
| Shares
used in per share calculations-basic |
22,275 |
|
19,213 |
|
21,163
|
|
18,937
|
| Shares
used in per share calculations-diluted |
22,275
|
|
19,943
|
|
21,163
|
|
18,937
|
| |
|
| |
| Condensed
Consolidated Balance Sheets (Unaudited) |
| (Amounts
in thousands) |
| |
| |
December
31, 2001
|
|
December
31, 2000
|
| |
| Assets |
| Cash
and cash equivalents |
$ 3,043
|
|
$ 3,136
|
| Accounts
receivable, net |
4,262
|
|
8,479
|
| Inventories |
12,918
|
|
21,849
|
| Other
current assets |
1,221 |
|
675
|
| Total
current assets |
21,444
|
|
34,139
|
| |
| Equipment,
furniture and fixturest, net |
14,303
|
|
10,207 |
| Other
assets, net |
155 |
|
189 |
| Total
assets |
$ 35,902
|
|
$ 44,535
|
| |
| Liabilities
and shareholders' equity |
| Deferred
revenue |
$ 7,388 |
|
$ 18,562
|
| Other current liabilities |
16,386 |
|
14,681 |
| Shareholders'
equity |
12,128 |
|
11,292 |
| Total
liabilities abd shareholders' equity |
$ 35,902
|
|
$ 44,535 |
|
|
