Delaware
|
001-34796
|
71-1033391
|
(State or Other Jurisdiction of Incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification No.)
|
Unaudited Consolidated Balance Sheet
|
March 31, 2010
|
March 31, 2010
|
||||||
As Reported
|
As Adjusted
|
|||||||
Total current assets
|
$
|
16,789
|
$
|
16,319
|
||||
Total assets
|
32,242
|
31,772
|
||||||
Total current liabilities
|
10,035
|
9,933
|
||||||
Total liabilities
|
16,193
|
15,975
|
||||||
Total stockholders’ equity
|
16,049
|
15,797
|
||||||
Total liabilities and stockholders’ equity
|
|
32,242
|
31,772
|
Unaudited Consolidated Statement of Operations
|
Three Months Ended March 31, 2010
|
Three Months Ended March 31, 2010
|
||||||
As Reported
|
As Adjusted
|
|||||||
Revenue
|
$
|
17,132
|
|
16,662
|
||||
Cost of goods sold
|
13,515
|
12,930
|
||||||
Gross profit
|
3,617
|
3,732
|
||||||
Selling and marketing
|
836
|
1,116
|
||||||
Total operating expenses
|
2,941
|
3,221
|
||||||
Income from operations
|
676
|
511
|
||||||
Interest expense
|
(253
|
)
|
(456
|
)
|
||||
Income from operations before income taxes
|
423
|
55
|
||||||
Income tax expense
|
133
|
(17
|
)
|
|||||
Net income
|
|
290
|
|
38
|
||||
Basic net income per common share
|
$
|
0.26
|
$
|
0.03
|
||||
Diluted net income per common share
|
$
|
0.10
|
$
|
0.01
|
Unaudited Consolidated Balance Sheet
|
June 30, 2010
|
June 30, 2010
|
||||||||||||||
As Reported
|
As Adjusted
|
|||||||||||||||
Total current assets
|
$
|
17,304
|
$
|
16,772
|
||||||||||||
Total assets
|
33,125
|
32,593
|
||||||||||||||
Total current liabilities
|
13,628
|
14,273
|
||||||||||||||
Total liabilities
|
17,435
|
17,667
|
||||||||||||||
Total stockholders’ equity
|
15,690
|
14,926
|
||||||||||||||
Total liabilities and stockholders’ equity
|
|
33,125
|
|
32,593
|
||||||||||||
Unaudited Consolidated Statement of Operations
|
Three Months Ended June 30, 2010
|
Three Months Ended June 30, 2010
|
Six Months Ended June 30, 2010
|
Six Months Ended June 30, 2010
|
||||||||||||
As Reported
|
As Adjusted
|
As Reported
|
As Adjusted
|
|||||||||||||
Revenue
|
$
|
10,470
|
$
|
9,776
|
$
|
27,602
|
$
|
26,438
|
||||||||
Cost of goods sold
|
7,957
|
7,907
|
21,472
|
20,838
|
||||||||||||
Gross profit
|
2,513
|
1,869
|
6,130
|
5,601
|
||||||||||||
Selling and marketing
|
1,217
|
1,233
|
2,053
|
2,349
|
||||||||||||
Total operating expenses
|
2,898
|
2,914
|
5,839
|
6,135
|
||||||||||||
(Loss) income from operations
|
(385
|
)
|
(1,045
|
)
|
291
|
(534
|
)
|
|||||||||
Interest expense
|
(368
|
)
|
(517
|
)
|
(621
|
)
|
(973
|
)
|
||||||||
Loss from operations before income taxes
|
(753
|
)
|
(1,562
|
)
|
(330
|
)
|
(1,507
|
)
|
||||||||
Income tax benefit
|
277
|
575
|
144
|
557
|
||||||||||||
Net loss
|
|
(476
|
)
|
|
(987
|
)
|
|
(186
|
)
|
|
(950
|
)
|
||||
Basic and diluted net loss per common share
|
$
|
(0.11
|
)
|
$
|
(0.22
|
)
|
$
|
(0.07
|
)
|
$
|
(0.34
|
)
|
Unaudited Consolidated Balance Sheet
|
September 30, 2010
|
September 30, 2010
|
||||||||||||||
As Reported
|
As Adjusted
|
|||||||||||||||
Total current assets
|
$
|
33,638
|
$
|
32,778
|
||||||||||||
Total assets
|
48,190
|
47,330
|
||||||||||||||
Total current liabilities
|
21,611
|
22,256
|
||||||||||||||
Total liabilities
|
24,467
|
24,586
|
||||||||||||||
Total stockholders’ equity
|
23,723
|
22,744
|
||||||||||||||
Total liabilities and stockholders’ equity
|
|
48,190
|
|
47,330
|
||||||||||||
Unaudited Consolidated Statement of Operations
|
Three Months Ended September 30, 2010
|
Three Months Ended September 30, 2010
|
Nine Months Ended September 30, 2010
|
Nine Months Ended September 30, 2010
|
||||||||||||
As Reported
|
As Adjusted
|
As Reported
|
As Adjusted
|
|||||||||||||
Revenue
|
$
|
17,581
|
$
|
17,253
|
$
|
45,183
|
$
|
43,691
|
||||||||
Cost of goods sold
|
13,894
|
13,579
|
35,366
|
34,417
|
||||||||||||
Gross profit
|
3,687
|
3,674
|
9,817
|
9,275
|
||||||||||||
Selling and marketing
|
1,307
|
1,307
|
3,360
|
3,656
|
||||||||||||
Total operating expenses
|
2,865
|
2,865
|
8,704
|
9,000
|
||||||||||||
Income from operations
|
822
|
809
|
1,113
|
275
|
||||||||||||
Interest expense
|
(343
|
)
|
(658
|
)
|
(964
|
)
|
(1,631
|
)
|
||||||||
Income (loss) from operations before income taxes
|
479
|
151
|
149
|
(1,356
|
)
|
|||||||||||
Income tax (expense) benefit
|
(165
|
)
|
(52
|
)
|
(21
|
)
|
505
|
|||||||||
Net income (loss)
|
|
314
|
|
99
|
|
128
|
|
(851
|
)
|
|||||||
Basic net income (loss) per common share
|
$
|
0.05
|
$
|
0.02
|
$
|
0.03
|
$
|
(0.22
|
)
|
|||||||
Diluted net income (loss) per common share
|
$
|
0 04
|
$
|
0.01
|
$
|
0.02
|
$
|
(0.22
|
)
|
ZOO ENTERTAINMENT, INC.
|
|||
Date: April 27, 2011
|
By:
|
/s/ David Fremed | |
Name:
|
David Fremed
|
||
Title:
|
Chief Financial Officer
|
||