EX-99.2 8 persistence_8kex99-2.txt EXHIBIT 99.2 PERSISTENCE SOFTWARE, INC. PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands - Unaudited) AS OF SEPT 30, 2002 ------------------- BEFORE AFTER FINANCING FINANCING --------- --------- Assets: Current assets: Cash, cash equivalents and short-term investments $ 6,809 $ 8,809 Accounts receivable, net 2,516 2,516 Prepaids and other current assets 530 530 --------- --------- Total current assets 9,855 11,855 Property and equipment, net 484 484 Purchased technology, net 412 412 Deposits and other assets 66 66 --------- --------- Total assets $ 10,817 $ 12,817 ========= ========= Liabilities and Stockholders' Equity: Current liabilities: Accounts payable $ 567 $ 622 Accrued liabilities 1,731 1,731 Deferred revenues 2,534 2,534 Current portion of long-term obligations 799 799 --------- --------- Total current liabilities 5,631 5,686 Long-term liabilities: Long-term obligations 151 151 Long-term portion of deferred revenues 396 396 --------- --------- Total long-term liabilities 547 547 --------- --------- Total liabilities 6,178 6,233 --------- --------- Stockholders' equity: Common stock, net 64,103 66,048 Accumulated deficit (59,473) (59,473) Other 9 9 --------- --------- Total stockholders' equity 4,639 6,584 --------- --------- Total liabilities and stockholders' equity $ 10,817 $ 12,817 ========= ========= ###