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The following is an excerpt from a S-1/A SEC Filing, filed by REPLAYTV INC on 3/3/2000.
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REPLAYTV INC - S-1/A - 20000303 - FINANCIAL_DATA

SELECTED FINANCIAL DATA

The following selected financial data should be read in conjunction with our financial statements and related notes included elsewhere in this prospectus and "Management's Discussion and Analysis of Financial Condition and Results of Operations." The statement of operations data for the period from August 27, 1997 (inception) to December 31, 1997, for the year ended December 31, 1998 and 1999 and for the period from August 27, 1997 (inception) to December 31, 1999 and the balance sheet data as of December 31, 1998 and 1999, are derived from the audited financial statements included elsewhere in this prospectus. The historical results are not necessarily indicative of results to be expected for future periods.

                               Period from                        Period from
                             August 27, 1997    Year Ended      August 27, 1997
                             (Inception) to    December 31,     (Inception) to
                              December 31,   -----------------   December 31,
                                  1997        1998      1999         1999
                             --------------- -------  --------  ---------------
                                  (in thousands, except per share data)
Statement of Operations
 Data:
Costs and expenses:
  Research and development
   (excludes stock-based
   compensation of $0, $163,
   $1,588 and $1,751).......     $  136      $ 1,961  $  7,980     $ 10,077
  Programming and content
   (excludes stock-based
   compensation of $0, $15,
   $2,179 and $2,194).......        --           --      1,029        1,029
  Sales and marketing
   (excludes stock-based
   compensation of $0, $15,
   $755 and $770)...........         10          764    14,586       15,360
  General and administrative
   (excludes stock-based
   compensation of $0, $13,
   $2,959 and $2,972).......          9          325     3,271        3,605
  Hardware distribution
   costs, net (excludes
   stock-based compensation
   of $0, $0, $333 and
   $333)....................        --           --      2,030        2,030
  Stock-based compensation..        --           206     7,814        8,020
                                 ------      -------  --------     --------
      Total costs and
       expenses.............        155        3,256    36,710       40,121
                                 ------      -------  --------     --------
Operating loss..............       (155)      (3,256)  (36,710)     (40,121)
Interest income (expense),
 net........................        --           (28)      960          932
                                 ------      -------  --------     --------
Net loss....................     $ (155)     $(3,284) $(35,750)    $(39,189)
                                 ======      =======  ========     ========
Basic and diluted net loss
 per share..................     $(0.08)     $ (0.48) $  (4.73)    $  (5.48)
Basic and diluted weighted
 average shares used in
 computation of net loss per
 share......................      2,026        6,889     7,565        7,157
Pro forma basic and diluted
 net loss per share.........                          $  (1.35)
Pro forma basic and diluted
 weighted average shares....                            26,476

Please see note 1 to our financial statements for the determination of the number of shares used in computing actual and pro forma basic and diluted net loss per share.

                                                           As of December 31,
                                                           --------------------
                                                           1997  1998    1999
                                                           ---- ------  -------
                                                             (in thousands)
Balance Sheet Data:
Cash, cash equivalents and short-term investments......... $103 $  711  $36,150
Working capital (deficit).................................   94   (392)  33,606
Total assets..............................................  144  1,068   43,499
Total stockholders' equity (deficit)......................  125   (260)  36,698

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