-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N7gBG7Xe7Tfz52yET6Ibw2XNGnzmQaj5HW2F/jbhycWix7KQyjx1XQ9k/zJrgkXy MAjZZ7wPlsUf3u+VN9l/4g== 0000912057-00-025348.txt : 20000518 0000912057-00-025348.hdr.sgml : 20000518 ACCESSION NUMBER: 0000912057-00-025348 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000331 FILED AS OF DATE: 20000517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INFONAUTICS INC CENTRAL INDEX KEY: 0000909494 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 232707366 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 000-28284 FILM NUMBER: 638742 BUSINESS ADDRESS: STREET 1: 900 W VALLEY RD STREET 2: STE 1000 CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 6109718840 MAIL ADDRESS: STREET 1: 900 W VALLEY ROAD STREET 2: SUITE 1000 CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: INFONAUTICS CORP DATE OF NAME CHANGE: 19960315 10-Q/A 1 10-Q/A SECURITIES AND EXCHANGE COMMISSION Washington, DC FORM 10-Q/A X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES - ----- EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2000 --------------- or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES - ----- EXCHANGE ACT OF 1934 For the transition period from _____________ to ________________ Commission file number 0-28284 INFONAUTICS, INC. (exact name of registrant as specified in its charter) Pennsylvania 23-2707366 ------------ ---------- (State or other jurisdiction (IRS Employer ID No.) of incorporation of organization) 900 West Valley Road, Suite 1000, Wayne, Pa 19087 -------------------------------------------------- (Address of principal executive offices) (610) 971-8840 -------------- (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No ----- ----- Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.
Class Outstanding at March 31, 2000 ----- ----------------------------- Class A Common Stock, no par value 12,075,483 Class B Common Stock, no par value 100,000
DOCUMENTS INCORPORATED BY REFERENCE None. PRELIMINARY NOTE: This Form 10-Q/A is being filed to report a correction in Part I, Item 1, Note 3 of the Notes to Consolidated Financial Statements to the Form 10-Q filed on May 15, 2000. No other changes to the Form 10-Q filed on May 15, 2000 are made by this filing. PART I: FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS 3. INVESTMENT IN AFFILIATES: During January 2000, the Company's equity interest in bigchalk.com was diluted from 30.89% to 30.28% of the outstanding common stock as a result of a private financing closed by bigchalk.com. For the three months ended March 31, 2000, the Company expensed $2,499,000 as its equity in the unaudited losses of bigchalk.com for the corresponding quarter. The Company also incurred $696,241 of content royalties and $240,083 of technical services fees to bigchalk.com during the three months ended March 31, 2000. These costs were the result of our content and technical services agreements with bigchalk.com. At March 31, 2000, $646,695 is due to bigchalk.com for these content royalties and technical services fees. The unaudited statement of operations of bigchalk.com for the three months ended March 31, 2000 is as follows, in millions:
Net revenues $ 8 Gross profit 5 Loss from continuing operations (7) Net loss available to common shareholders (8)
SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
INFONAUTICS, INC. (Registrant) Dated: May 16, 2000 By:/s/GERARD J. LEWIS, JR. ------------------------------ Gerard J. Lewis, Jr. Vice President & General Counsel, Secretary
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