Forum Moderators: open
Cash operating losses (excluding the effects of non-cash compensation and intangible amortization charges) of $12.9 million for the fourth quarter 2000 narrowed 33 percent from the fourth quarter of 1999 loss of $19.3 million. Full year 2000 cash operating losses of $37.5 million narrowed 28 percent from the full year 1999 loss of $51.8 million.LookSmart had a balance of $98.9 million in cash and short-term investments at the end of the fourth quarter of 2000. Cash used in the fourth quarter of 2000 was $14.0 million.
The way I read it, they have a shot at making it. The article also contains some details about banner revenues, etc.
