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Online Resources Posts Third Quarter Results
Consolidated Balance Sheets
(In thousands)
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SEPTEMBER 30, 2005 |
DECEMBER 31, 2004 |
ASSETS
Current assets: |
| Cash, Cash Equivalents and Short-term
Investments |
$ 51,529 |
$ 4,640 |
| Restricted Cash
Investments |
$ 2,220 |
$ 1,651 |
| Accounts Receivable, Net |
7,291 |
8,433 |
| Deferred Implementation Costs |
562 |
461 |
| Prepaid Expenses and Other Current
Assets |
1,205 |
2,635 |
| Total Current Assets |
62,807 |
17,820 |
| Property and Equipment, Net |
14,657 |
13,100 |
| Goodwill |
16,369 |
11,273 |
| Intangible Assets |
2,468 |
1,570 |
| Deferred Implementation Costs, Less Current
Portion |
525 |
420 |
| Other Assets |
587 |
351 |
| Total Assets |
$ 97,413 |
$ 44,534 |
LIABILITIES AND STOCKHOLDERS'
EQUITY
Current Liabilities: |
| Accounts Payable, Accrued Expenses
and Other Current Liabilities |
$ 4,534 |
$ 4,972 |
| Deferred Revenues |
2,419 |
973 |
| Deferred Rent Obligation |
158 |
158 |
| Capital Lease Obligation |
16 |
11 |
| Total Current Liabilities |
7,127 |
6,114 |
| Deferred Revenues, Less Current Portion |
1035 |
379 |
| Deferred Rent Obligation, Less Current Portion |
1,780 |
1,525 |
| Other Long Term Liabilities |
2,220 |
1,745 |
| Total Liabilities |
12,162 |
9,763 |
| Stockholders' Equity |
85,251 |
34,771 |
| Total Liabilities
and Stockholders' Equity |
$ 97,413 |
$ 44,534 |
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Back
Media Contact: Beth Halloran,
Director, Corporate Communications
Online Resources Corporation
703.653.2248
bhalloran@orcc.com
Investor Contact: Catherine Graham,
EVP & Chief Financial Officer
703.653.3155
cgraham@orcc.com
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