8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 15, 2008

GoAmerica, Inc.

(Exact name of registrant as specified in its charter)

Delaware	0-29359	22-3693371
(State or Other Jurisdiction of InCompany)	(Commission File Number)	(I.R.S. Employer Identification No.)

433 Hackensack Avenue

Hackensack, NJ 07601

(Address of principal executive offices) (Zip code)

(201) 996-1717

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

INFORMATION TO BE INCLUDED IN THE REPORT

Item 2.02. Results of Operations and Financial Condition

On August 15, 2008, GoAmerica, Inc. issued a press release announcing its financial results for the quarter ended June 30, 2008. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this report, including the exhibit attached hereto, is intended to be furnished and shall not be deemed “filed” for the purposes of or otherwise subject to liabilities under Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed to be incorporated by reference into the filings of the company under the Securities Act of 1933, as amended.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99.1	Press Release dated August 15, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GoAmerica, Inc.
(Registrant)
By:	/s/    Michael J. Pendergast
Name:	Michael J. Pendergast
Title:	General Counsel & Corporate Secretary

Date: August 15, 2008

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release dated August 15, 2008.

EX-99.1

Exhibit 99.1

CONTACTS:

John Ferron

GoAmerica

CFO and COO

jferron@goamerica.com

707-658-4690

Laura Kowalcyk

CJP Communications

lkowalcyk@cjpcom.com

212-279-3115 x209

GOAMERICA® ANNOUNCES SECOND QUARTER 2008 RESULTS

Continues Business Integration and Synergistic Revenue Growth

HACKENSACK, N.J., August 15, 2008 — GoAmerica, Inc. (NASDAQ: GOAM), a provider of relay and wireless communications and professional interpreter services for deaf, hard-of-hearing, and speech-impaired persons, today announced unaudited results for the quarter ended June 30, 2008 and the filing of its Quarterly Report on Form 10-Q with the Securities and Exchange Commission (“SEC”).

Total revenue for the three months ended June 30, 2008 was $30.6 million, compared to $4.3 million for the three months ended June 30, 2007, and total revenue for the six months ended June 30, 2008 was $59.7 million, compared to $8.6 million for the six months ended June 30, 2007. The revenue growth is primarily attributable to the Company’s first quarter purchase of the telecommunications relay services business of Verizon and its merger with Hands on Video Relay Services, Inc., as well as organic growth in the Company’s video relay services business.

Income from operations for the three months ended June 30, 2008 was approximately $1.2 million compared with a loss from operations of $810,000 for the three months ended June 30, 2007. Income from operations, when adjusting for approximately $2.0 million of non-cash employee compensation charges and integration costs related to the acquisitions, was $3.2 million for the three months ended June 30, 2008. Net loss for the three months ended June 30, 2008 was approximately $201,000 compared with a net loss of $786,000 for the three months ended June 30, 2007. Net loss available to common stockholders, when taking into account the $813,000 of accrued preferred stock dividends, was $1.0 million, or $0.11 per common share, for the three months ended June 30, 2008 compared with a net loss $786,000, or $0.36 per common share, for the three months ended June 30, 2007.

Income from operations for the six months ended June 30, 2008 was approximately $3.4 million compared with a loss from operations of $1.5 million for the six months ended June 30, 2007. Net income for the six months ended June 30, 2008 was approximately $357,000 compared with a net loss of $1.6 million for the six months ended June 30, 2007.

Cash provided from operations, when adjusting for the effects of the transactions, was $1.8 million, principally resulting from income from operations. Capital expenditures for the six months ended June 30, 2008 were $1.5 million, used primarily to fund capacity expansion and call center operations.

As of June 30, 2008, GoAmerica had approximately $24.4 million in unrestricted cash and cash equivalents as well as $0.5 million in restricted cash. Additionally, the Company has $15.0 million of borrowing capacity under its revolving line of credit.

“Today’s results demonstrate our continued emphasis on operational performance while maintaining our focus on integration activities, building operational capacity, and delivering a high quality of service to our customers,” said John Ferron, CFO and COO of GoAmerica.

“Strategically, the company is where we wanted to be at this point in the year,” said Dan Luis, CEO of GoAmerica. “Our focus on integration continues at a rapid pace, our management team is in place, and we’re excited about creating an operational platform that will enable us to continue to grow capacity and services, as we strive to be the preferred communications provider to the communities we serve.”

Summary of Recent Activities

— On June 26, 2008, the Company became the first relay provider in the nation to complete a video call between a hearing person and a deaf person using a real, 10-digit phone number. For more information and call transcripts, visit www.goamerica.com/10digit.

— On July 1, 2008, the Company announced it had merged with two of the nation’s premier sign language interpreting services firms: Sign Language Associates (SLA) and Visual Language Interpreting (VLI), both of which are based in the Washington, D.C. metro area. The SLA and VLI transactions made GoAmerica the nation’s leading provider of on-site sign language interpreting services, and will provide broader access to Video Remote Interpreting (VRI) services for its customers. The transactions also expand the availability of certified, high-quality interpreters and transcriptionists for the Company’s other products and services.

— On July 7, 2008, the Company provided attendees of the 49^th biennial National Association of the Deaf (NAD) Conference with the first public demonstration of the upcoming Hands On VRS® Mobile Video Phone™ (MVP™) and VideoSign software.

— On July 11, 2008, the Company named Ahmet Corapcioglu as its Chief Information Officer. As Chief Information Officer, Mr. Corapcioglu is responsible for upgrading the Company’s network and technology infrastructure to ensure a best-of-breed service in order to enhance our customers’ experience. Mr. Corapcioglu most recently served as Partner, IBM, Global Services and previous to that was Vice President, Information Technology, Qwest Communications.

— On August 11, 2008, the Company announced the appointment of Kathleen Abernathy to its Board of Directors. Ms. Abernathy is currently a partner with Akin

Gump Strauss Hauer & Feld LLP. From June 2001 to December 2005, she served as commissioner to the Federal Communications Commission. Prior to that time, Ms. Abernathy was Vice president, Public Policy at Broadband Office Communications, Inc., a provider of commercial communications services and director of Frontier Communications, Inc.

“We are now positioned to be the leading, end-to-end service provider to the deaf and hard of hearing community,” said Ed Routhier, President and Vice-Chairman of GoAmerica. “The additions of SLA and VLI diversify our revenue and service offerings, but equally important, they strengthen our position as the employer of choice, offering interpreters who join our company greater diversity in the practice of the profession.”

About GoAmerica

GoAmerica is one of the nation’s largest providers of communication services for the deaf, hard of hearing, and speech-disabled communities. As a leading provider of onsite interpreting services, video relay and text relay services, and video remote interpreting, the Company delivers a wide array of options designed to meet the varied communication needs of its customers. The Company’s vision is to improve the quality of life of its customers by being their premier provider of high quality, innovative communication services that break down communications barriers. For more information on the Company or its services, visit http://www.goamerica.com or contact GoAmerica directly at TTY 201-527-1520, voice 201-996-1717, Internet Relay by visiting http://www.i711.com or http://www.ip-relay.com, or video phone by connecting to hovrs.tv.

Safe Harbor

The statements contained in this news release that are not based on historical fact — including statements regarding the anticipated results of the transactions described in this press release — constitute “forward-looking statements” that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “estimate”, “anticipate”, “continue”, or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve risks and uncertainties, including, but not limited to: (i) our ability to integrate the businesses and technologies we have acquired; (ii) our ability to respond to the rapid technological change of the wireless data industry and offer new services; (iii) our dependence on wireless carrier networks; (iv) our ability to respond to increased competition in the wireless data industry; (v) our ability to generate revenue growth; (vi) our ability to increase or maintain gross margins, profitability, liquidity and capital resources; and (vii) difficulties inherent in predicting the outcome of regulatory processes. Such risks and others are more fully described in the Risk Factors set forth in our filings with the Securities and Exchange Commission. Our actual results could differ materially from the results expressed in, or implied by, such forward-looking statements. GoAmerica is not obligated to update and does not undertake to update any of its forward

looking statements made in this press release. Each reference in this news release to “GoAmerica”, the “Company” or “We”, or any variation thereof, is a reference to GoAmerica, Inc. and its subsidiaries.

“GoAmerica”, the “GoAmerica” logo, “i711”, and the “i711.com” logo, “Relay and Beyond”, and “Hands On VRS” are registered trademarks of GoAmerica. “i711.com”, “i711 Wireless”, “Mobile Video Phone”, and “MVP” are trademarks and service marks of GoAmerica. Other names may be trademarks of their respective owners.

GOAMERICA, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

	June 30, 2008		December 31, 2007
Assets
Current assets:
Cash and cash equivalents	$	24,410	$	2,368
Accounts receivable, net		13,390		1,960
Merchandise inventories, net		303		206
Prepaid expenses and other current assets		1,476		220
Total current assets		39,579		4,754
Goodwill		61,194		6,000
Identifiable intangible assets, net		58,586		—
Other assets		8,189		7,544
Total assets	$	167,548	$	18,298
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$	4,176	$	1,285
Accrued expenses		11,371		3,623
Deferred revenue		40		94
Loan payable		—		3,532
Current portion of long term debt		400		—
Other current liabilities		124		88
Total current liabilities		16,111		8,622
Long term debt less current portion, net of discount of $2,170 at June 30, 2008		67,230		—
Other liabilities		1,909		124
Stockholders’ equity		82,298		9,552
	$	167,548	$	18,298

GOAMERICA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except share and per share data)

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2008			2007			2008			2007
Revenues:
Relay services	$	29,861		$	3,834		$	57,704		$	7,494
Interpreting		627			—			1,261			—
Other		161			471			747			1,118
		30,649			4,305			59,712			8,612
Costs and expenses:
Cost of relay services		16,528			2,670			31,635			5,075
Cost of interpreting		681			—			1,239			—
Cost of other		242			476			894			949
Sales and marketing		3,531			479			5,712			1,003
General and administrative		6,108			1,257			11,972			2,613
Research and development		565			143			1,411			257
Depreciation and amortization		227			90			430			163
Amortization of intangible assets		1,601			—			3,030			—
		29,483			5,115			56,323			10,060
Income (loss) from operations		1,166			(810	)		3,389			(1,448	)
Other income (expense):
Settlement losses		—			—			—			(162	)
Gain on interest rate cap agreement		241			—			241			—
Interest income (expense), net		(1,608	)		24			(3,273	)		59
Total other income (expense), net		(1,367	)		24			(3,032	)		(103	)
Income (loss) before income taxes		(201	)		(786	)		357			(1,551	)
Income tax provision		—			—			—			—
Net income (loss)		(201	)		(786	)		357			(1,551	)
Preferred dividends		(813	)		—			(1,527	)		—
Net loss applicable to common stockholders	$	(1,014	)	$	(786	)	$	(1170	)	$	(1,551	)
Loss per common share:
Basic	$	(0.11	)	$	(0.36	)	$	(0.13	)	$	(0.70	)
Diluted	$	(0.11	)	$	(0.36	)	$	(0.13	)	$	(0.70	)
Weighted average shares outstanding
Basic and Diluted		9,159,071			2,204,097			9,152,203			2,203,793