| YEAR ENDED DECEMBER 31. |
2000 |
|
1999 |
|
1998 |
|
1997 |
|
1996 |
|
CONSOLIDATED STATEMENTS OF OPERATIONS DATA (in thousands, except per share data)
|
| Revenue |
$ 36,024 |
|
$ 27,187 |
|
$ 11,238 |
|
$ 3,068 |
|
$ 1,389 |
|
| Gross profit |
24,745 |
|
17,863 |
|
5,358 |
|
(534 |
) |
293 |
|
| Gross profit percentage |
68.7 |
% |
65.7 |
% |
47.7 |
% |
(17.4 |
)% |
21.1 |
% |
| Expenses: |
| Research & development |
5,713 |
|
4,847 |
|
4,042 |
|
2,603 |
|
2,338 |
|
| Sales & marketing |
21,979 |
|
16,543 |
|
10,354 |
|
4,813 |
|
1,561 |
|
| General & administrative |
6,390 |
|
4,829 |
|
4,254 |
|
2,358 |
|
1,871 |
|
|
|
|
|
|
|
|
|
|
|
| Total expenses |
34,082 |
|
26,219 |
|
18,650 |
|
9,774 |
|
5,770 |
|
| Loss from operations |
(9,337 |
) |
(8,356 |
) |
(13,292 |
) |
(10,308 |
) |
(5,477 |
) |
| Interest income, net |
3,993 |
|
1,317 |
|
459 |
|
422 |
|
81 |
|
| Other expense |
- |
|
- |
|
(774 |
) |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
$ (5,344 |
) |
$ (7,039 |
) |
$ (13,607 |
) |
$ (9,886 |
) |
$ (5,396 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss per share: |
| Basic and diluted |
$ (0.34 |
) |
$ (4.57 |
) |
$ (11.70 |
) |
$ (15.63 |
) |
$ (57.76 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares used in computing net |
| loss per share: |
| Basic and diluted |
15,755 |
|
1,539 |
|
1,163 |
|
632 |
|
93 |
|
| |
CONSOLIDATED BALANCE SHEET DATA (in thousands)
|
| Cash, cash eguivalents |
| and marketable securities |
$ 58,489 |
|
$ 14,535 |
|
$ 21,273 |
|
$ 4,981 |
|
$ 2,231 |
|
| Working capital |
58,455 |
|
12,279 |
|
19,104 |
|
3,572 |
|
1,334 |
|
| Total assets |
79,411 |
|
29,402 |
|
28,589 |
|
7,603 |
|
3,973 |
|
| Long-term debt |
2,617 |
|
3,872 |
|
1,441 |
|
118 |
|
270 |
|
| Total stockholders' equity |
63,974 |
|
13,079 |
|
19,688 |
|
4,067 |
|
1,066 |
|
|