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Sirius XM Radio (SIRI)
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SIRI
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(Dollars in thousands, unless otherwise stated) (Unaudited)
This excerpt taken from the
SIRI 8-K
filed May 1, 2007.
(Dollars in thousands, unless otherwise stated)
(Unaudited)
Condensed Consolidated Statements of Operations:
For the Three Months
Ended March 31,
2007
2006
Total revenue
$
204,037
$
126,664
Operating expenses:
Satellite and transmission
7,330
7,301
Programming and content
57,063
49,934
Revenue share and royalties
27,134
13,527
Customer service and billing
21,654
17,618
Cost of equipment
9,292
3,465
Sales and marketing
32,518
32,279
Subscriber acquisition costs
98,237
109,144
General and administrative
23,403
17,367
Engineering, design and development
11,405
12,679
Depreciation
26,786
24,933
Stock-based compensation
24,260
284,586
Total operating expenses
339,082
572,833
Loss from operations
(135,045)
(446,169)
Other income (expense)
(9,145)
(11,622)
Loss before income taxes
(144,190)
(457,791)
Income tax expense
(555)
(753)
Net loss
$
(144,745)
$
(458,544)
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