Attached files
| file | filename |
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| 8-K/A - 8-K/A - GLOBALSCAPE INC | globalscape8ka020515.htm |
Exhibit 99.1
GlobalSCAPE, Inc.
Consolidated Statements of Operations and Comprehensive Income
(in thousands, except per share amounts)
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For the Year Ended December 31,
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2014
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As Previously
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As
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Reported
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Reclassification
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Corrected
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2013
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Operating Revenues:
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Software licenses
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$ | 9,168 | $ | 9,168 | $ | 8,086 | |||||||||
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Maintenance and support
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15,033 | 15,033 | 13,650 | ||||||||||||
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Professional services
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1,445 | 1,445 | 1,479 | ||||||||||||
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Other
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1,124 | 1,124 | 1,124 | ||||||||||||
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Total revenues
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26,770 | 26,770 | 24,339 | ||||||||||||
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Operating Expenses:
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Cost of revenues
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1,018 | 1,018 | 1,011 | ||||||||||||
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Selling, general and administrative
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15,224 | 2,853 | 18,077 | 14,881 | |||||||||||
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Research and development
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5,030 | (2,853 | ) | 2,177 | 3,766 | ||||||||||
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TappIn intangible asset impairment and earnout liability elimination
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- | - | (128 | ) | |||||||||||
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Depreciation and amortization
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883 | 883 | 908 | ||||||||||||
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Total operating expenses
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22,155 | 22,155 | 20,438 | ||||||||||||
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Income (loss) from operations
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4,615 | 4,615 | 3,901 | ||||||||||||
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Other income (expense):
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Interest expense
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(105 | ) | (105 | ) | (227 | ) | |||||||||
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Interest income
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63 | 63 | 62 | ||||||||||||
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Total other income (expense)
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(42 | ) | (42 | ) | (165 | ) | |||||||||
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Income (loss) before income taxes
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4,573 | 4,573 | 3,736 | ||||||||||||
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Provision for income taxes
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1,547 | 1,547 | (104 | ) | |||||||||||
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Net income (loss)
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$ | 3,026 | $ | 3,026 | $ | 3,840 | |||||||||
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Comprehensive income (loss)
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$ | 3,026 | $ | 3,026 | $ | 3,840 | |||||||||
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Net income (loss) per common share - basic
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$ | 0.15 | $ | 0.15 | $ | 0.21 | |||||||||
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Net income (loss) per common share - diluted
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$ | 0.15 | $ | 0.15 | $ | 0.20 | |||||||||
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Weighted average shares outstanding:
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Basic
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20,163 | 20,163 | 18,626 | ||||||||||||
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Diluted
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20,693 | 20,693 | 19,082 | ||||||||||||