Table of Contents 
  
ITEM 6.    Selected Consolidated Financial Data 
  
The following selected consolidated financial data should be read in conjunction with  Management's Discussion and Analysis of 
Financial Condition and Results of Operations,  our consolidated financial statements and notes thereto and other financial information 
included elsewhere in this report. The selected consolidated statements of operations data for the years ended December 31, 1997, 1998, 1999, 
2000 and 2001 are derived from our audited consolidated financial statements which have been audited by Deloitte & Touche LLP, 
independent auditors, as stated in their reports. The consolidated financial statements give retroactive effect to the acquisitions of Go2Net, Inc., 
Prio, Inc., and INEX Corp. which have been accounted for on a pooling of interests basis as described in Note 7 to our consolidated financial 
statements.  
  
Year Ended December 31, 
  
   
  
1997 
1998 
1999 
2000 
2001 
  
   
     
     
     
     
  
  
   
(In thousands, except per share data) 
  
Consolidated Statements of Operations Data: 
   
     
     
     
     
     
     
     
     
     
  
Revenues 
   
$  3,445   
   
$  18,490   
   
$  71,980   
   
$  214,530   
   
$ 161,921   
Cost of revenues 
   
  
865   
   
   4,919   
   
   13,472   
   
  
35,627   
   
   41,841   
  
   
   
   
   
   
Gross profit 
   
   2,580   
   
   13,571   
   
   58,508   
   
   178,903   
   
   120,080   
Operating expenses: 
   
     
     
     
     
     
     
     
     
     
  
Product development 
   
   5,358   
   
   9,005   
   
   15,580   
   
  
40,624   
   
   39,341   
Sales, general and administrative 
   
   8,860   
   
   23,893   
   
   77,777   
   
   131,081   
   
   118,333   
Amortization of intangibles 
   
  
64   
   
  
710   
   
   42,761   
   
   171,336   
   
   236,714   
Impairment of intangibles 
   
     
     
  
398   
   
  
      
   
  
8,952   
   
   107,729   
Acquisition and related charges 
   
  
137   
   
   4,486   
   
   13,574   
   
   123,998   
   
   (3,504 ) 
Other charges 
   
  
      
   
   4,500   
   
   11,360   
   
  
4,732   
   
   11,505   
Restructuring charges 
   
  
      
   
  
      
   
  
      
   
  
2,322   
   
   17,392   
  
   
   
   
   
   
Total operating expenses 
   
   14,419   
   
   42,992   
   
   161,052   
   
   483,045   
   
   527,510   
  
   
   
   
   
   
Loss from operations 
   
   (11,839 ) 
   
   (29,421 ) 
   
  (102,544 ) 
   
   (304,142 ) 
   
  (407,430 ) 
Loss on investments 
   
  
      
   
  
      
   
  
      
   
  
(588 ) 
   
  (108,158 ) 
Other income, net 
   
  
288   
   
  
946   
   
   22,342   
   
  
27,682   
   
   17,361   
Minority interest 
   
  
      
   
  
      
   
  
      
   
  
(3,171 ) 
   
  
(17 ) 
Income tax expense 
   
  
(67 ) 
   
  
(64 ) 
   
  
      
   
  
(137 ) 
   
  
(664 ) 
Cumulative effect of change in accounting principle(1) 
   
  
      
   
  
      
   
  
      
   
  
(2,056 ) 
   
   (3,171 ) 
Preferred stock dividend 
   
  
      
   
  
      
   
  (159,931 ) 
   
  
      
   
  
      
  
   
   
   
   
   
Net loss applicable to common stockholders 
   
$ (11,618 ) 
   
$ (28,539 ) 
   
$ (240,133 ) 
   
$  (282,412 ) 
   
$ (502,079 ) 
  
   
   
   
   
   
Basic and diluted net loss per share 
   
$  (0.10 ) 
   
$  (0.19 ) 
   
$ 
(0.93 ) 
   
$ 
(0.93 ) 
   
$ 
(1.58 ) 
  
   
   
   
   
   
Shares used in computing basic and diluted net loss per share 
   
  120,044   
   
  152,655   
   
   257,752   
   
   304,480   
   
   318,395   
  
   
   
   
   
   
December 31, 
  
   
  
1997 
1998 
1999 
2000 
2001 
  
   
     
     
     
     
  
  
   
(in thousands) 
  
Consolidated Balance Sheet Data: 
   
     
     
     
     
     
     
     
     
     
  
Cash, cash equivalents and short term investments 
   
$  23,032   
   
$ 123,152   
   
$ 414,661   
   
$  370,148   
   
$ 198,880   
Working capital 
   
   21,650   
   
  118,064   
   
   418,297   
   
   366,875   
   
   199,897   
Total assets 
   
   27,689   
   
  146,205   
   
   953,919   
   
  1,272,110   
   
   837,005   
Total stockholders' equity 
   
   23,882   
   
  130,702   
   
   909,020   
   
  1,168,572   
   
   782,588   
(1) 
  
See note 1 to our consolidated financial statements. 
30  
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