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Zix Corporation Reports Another Record-High Revenue Quarter as Company Announces Second Quarter 2009 Financial Results
Date:7/28/2009

non-current 250,000 - Deferred rent 267,000 300,000 ------- ------- Total long-term liabilities 3,405,000 2,784,000 --------- --------- Total liabilities 22,185,000 20,660,000 Total stockholders' deficit (3,401,000) (1,303,000) ----------- ---------- Total liabilities and stockholders' deficit $18,784,000 $19,357,000 =========== =========== ZIX CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended Six Months Ended June 30, June 30, ------------------ ---------------- 2009 2008 2009 2008 ---- ---- ---- ---- Revenues $7,371,000 $6,958,000 $14,627,000 $14,157,000 Cost of revenues 2,368,000 2,542,000 4,839,000 5,122,000 --------- --------- --------- --------- Gross profit 5,003,000 4,416,000 9,788,000 9,035,000 Operating expenses: Research and development 1,747,000 1,381,000 3,478,000 2,926,000 Selling, general and administrative 5,228,000 4,607,000 9,872,000 9,424,000 --------- --------- --------- --------- T
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