> l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1Courier New1Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)60%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0) + ) , * Ј ~~ ؈ ~~#؈ ~~"؈ ~~ ؈ ~~8#܈ ~~9"܈ ~~4#܈ ~~3#܈ ~~7#܈ ~~83ffff̙̙3f3fff3f3f33333f33%For the transition period fromTable of Contents-
Balance SheetYYIncome Statement&mCondensed Consolidated Statemen6
Cash Flows&u8 Cash Cash Equivalents and Inv&8 Cash Cash Equivalents and (1)11 Net Loss per Share 11 Net Loss per Share (1)'C Cost approachM;C Cost approach (1)!P13 Stockbased Compensation%a13 Stockbased Compensation (1)%|13 Stockbased Compensation (2)%G13 Stockbased Compensation (3)!ѝ16 Noncontrolling Interest$18 Related Party Transactions$018 Related Party Transact (1)JGeographic DataKey MetricsResults of Operations B!Results of Operations (1) 67Results of Operations (2) MResults of Operations (3) jResults of Operations (4) eResults of Operations (5) Results of Operations (6) Results of Operations (7) Results of Operations (8) 2Results of Operations (9)!Results of Operations (10)!Results of Operations (11)!Results of Operations (12)!D4Results of Operations (13)!2KResults of Operations (14)!bResults of Operations (15)!zResults of Operations (16)!/Results of Operations (17)!ӣResults of Operations (18)Cash Flows (1)ITEM 6 EXHIBITS
l A
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??)Table of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }
BRIGHTCOVE INC10-Q
08/03/2012&For the transition period from Delaware
20-1579162'
(State or other jurisdiction of
(I.R.S. Employer&incorporation or organization)Identification No.)
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@~rfBdXL$=PF0*8X>
@
l <%-
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period from
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }:}$ }}$
<
BRIGHTCOVE INC10-Q
08/03/2012Table of Contents Page %
PART I. FINANCIAL INFORMATION
0(Item 1. Financial Statements (Unaudited)~
-%Condensed Consolidated Balance Sheets~
1)as of June 30, 2012 and December 31, 2011,$Condensed Consolidated Statements of~
/'Operations for the three and six months$ended June 30, 2012 and 2011,$Condensed Consolidated Statements of~
0(Comprehensive Loss for the three and six+#months ended June 30, 2012 and 2011,$Condensed Consolidated Statements of~
4,Cash Flows for the six months ended June 30,
2012 and 20111)Notes to Condensed Consolidated Financial~
StatementsD.ls7,|d-P !"#$%&'()*+,-./0123456789:;4 ,Item 2. Management?s Discussion and Analysis ~
N -!%of Financial Condition and Results of"
Operations##8$0Item 3. Quantitative and Qualitative Disclosures$$~
$$%About Market Risk&&''Item 4. Controls and Procedures''~
''((")PART II. OTHER INFORMATION))))**!+Item 1. Legal Proceedings++~
++,,-Item 1A. Risk Factors--~
--..7//Item 2. Unregistered Sales of Equity Securities//~
//0and Use of Proceeds112Item 6. Exhibits22~
22334
Signatures44~
44556
Exhibit Index666678$9____________________________1:)Created by Morningstar Document Research.0;(http://documentresearch.morningstar.com/<eO77ZBjK3m$=PF0*8X>
@";;::99
l R0AQtX
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of ContentsIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }8}$ }
}$ }}$
R
BRIGHTCOVE INC10-Q
08/03/2012
Balance Sheet June 30, December 31,
~
r
~
nAssetsCurrent assets:
Cash and equivalents
~
~
.
Short-term investments~
n ?-%Accounts receivable, net of allowance~
~
7/of $468 and $266, at June 30, 2012 and December0(31, 2011, respectively (includes related2*party amounts of $605 and $667 at June 30,1)2012 and December 31, 2011, respectively)1)Prepaid expenses and other current assets~
9~
4Total current assets~
f~
&Long-term investments~
N ?#Property and equipment, net~
~
^Goodwill~
%~
%.&Deferred initial public offering costs ?~
'Restricted cash~
~
Other assets~
~
b
Total assets~
f~
DR
lwWjyu?
qz ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? +!#Liabilities, redeemable convertible!!!!!!!!0"(preferred stock and stockholders? equity# (deficit)$Current liabilities:$$$$$$$$%Accounts payable%~
%%%~
%%&Accrued expenses&&~
&.&&&~
&&)'!Current portion of long-term debt'' '?'''~
'
'(Deferred revenue((~
((((~
(()))))))))!*Total current liabilities**~
****~
*j*0+(Deferred revenue, net of current portion++~
++++~
++,Long-term debt,, ,?,,,~
,^`,-Other liabilities--~
----~
-6-..&Redeemable convertible preferred stock.. .?...~
../warrants0000000001Total liabilities11~
1111~
1"12Contingencies (Note 15)22222222.3&Redeemable convertible preferred stock33 3?333~
3~X3'4Stockholders? equity (deficit):44444444,5$Preferred stock-undesignated, $0.00155 5?555 5?5.6&par value; 5,000,000 shares authorized)7!at June 30, 2012; 0 shares issued38+Common stock, $0.001 par value; 100,000,00088~
8n888~
8809(and 68,000,000 shares authorized at June5:-30, 2012 and December 31, 2011, respectively;.;&27,329,950 and 5,224,532 shares issued5<-and outstanding at June 30, 2012 and December=31, 2011, respectively">Additional-paid-in-capital>>~
>f >>> >?>.?&Accumulated other comprehensive income??~
?
???~
??Dl
@zQQPPOOIIII%%%%
l Glv.
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance Sheet!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }I;}$ }}$ }y}
$ }}$ }
}$
G
BRIGHTCOVE INC10-Q
08/03/2012Income Statement
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
Revenue: (1)
( Subscription and support revenue~
C~
: ~
j
~
j/
'Professional services and other revenue
~
~
~
j
~
Total revenue~
Q~
~
r
~
Cost of revenue: (2)
0(Cost of subscription and support revenue~
Q~
:
~
~
m/'Cost of professional services and other~
~
b
~
2%
~
#revenue
Total cost of revenue~
d~
"M
~
"
~
Gross profit~
"~
~
R
~
)Operating expenses: (2)
Research and development~
RG~
:
~
~
zpSales and marketing~
F~
Z
~
%
~
2"General and administrative~
B~
2
~
{
~
j]Merger-related~
~ ?
~
~
?
Total operating expenses~
)~
~
0
~
Dlt |8X\aN
7Ii !"#$%&'()*+,-./0123456789:;<=>? Loss from operations ~
J ~
ʰ
~
~
zk !Other expense, net!!~
!!!!~
!!! !
~
!!!
!~
!!"""""""""" "
"""
"""4#,Loss before income taxes and non-controlling##~
####~
### #
~
#B##
#~
#Ni#+$#interest in consolidated subsidiary"%Provision for income taxes%%~
%v%%%~
%%% %
~
%%%
%~
%N%&&&&&&&&&& &
&&&
&&&'Consolidated net loss''~
''''~
''' '
~
'Z''
'~
'h'2(*Net income attributable to non-controlling((~
((((~
((( (
~
(((
(~
((+)#interest in consolidated subsidiary********** *
***
***0+(Net loss attributable to Brightcove Inc.++~
+:+++~
+++ +
~
+2++
+~
+e+8,0Accretion of dividends on redeemable convertible,, ,?,,,~
,,, ,
~
,,,
,~
,,-preferred stock.......... .
...
...4/,Net loss attributable to common stockholders/~
/://~
/// ~
/
x//
~
/9/0000000000 0
000
00011)Net loss per share attributable to common11{GzĿ111Q11 1
ٿ11
13333331(2 stockholders - basic and diluted3333333333 3
333
33304(Weighted-average number of common shares44~
4*444~
4&44 4
~
4G#44
4~
4°$4951used in computing net loss per share attributable26*to common stockholders ? basic and diluted7777777777 7
777
77708((1) Includes related party revenue (Note8~
888~
8b
88 ~
8
88
~
828~
9J-:%(2) Stock-based compensation included::::::::: :
:::
:::;in above line items:0<(Cost of subscription and support revenue<~
<<<~
<6<< ~
<
<<
~
<^</='Cost of professional services and other==~
=f===~
=== =
~
===
=~
==>revenue ?Research and development??~
?"???~
?n?? ?
~
?f??
?~
??D(l2ff7I}g<DH =/>RW@ABCDEF@Sales and marketing@@~
@@@@~
@@@ @
~
@ @@
@~
@@"AGeneral and administrativeAA~
AAAA~
Aj AA A
~
AAA
A~
AABC$D____________________________1E)Created by Morningstar Document Research.0F(http://documentresearch.morningstar.com/
x+=PF0*8X>
@FFEEDD<<<<<<
<<888888
88111111
11//////
//
l )
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }:}$ }U}$ }$}
$ }U}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012?7Condensed Consolidated Statements of Comprehensive Loss
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
Consolidated net loss~
~
~
Z
~
h*"Other comprehensive income (loss):
0
(Foreign currency translation adjustments
~
~
~
~
-%Change in market value of investments ?~
Z
?
?
Other comprehensive loss~
~
~
~
Comprehensive loss~
:~
Ϋ
~
~
g80Less: net income attributable to non-controlling~
Z~
2
~
*
~
F+#interest in consolidated subsidiary
5-Comprehensive loss attributable to Brightcove~
~
~
~
eInc.
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@[DqeYMU8RNSrf=PF0*8X>
@
l Rڿx
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }6}$ }
}$ }
}$
R
BRIGHTCOVE INC10-Q
08/03/2012
Cash Flows ! Six Months Ended June 30,
~
r
~
n
Operating activitiesNet loss~
Z~
h0
(Adjustments to reconcile net loss to net
*"cash used in operating activities:%Depreciation and amortization~
v~
z Stock-based compensation~
"~
( Change in fair value of warrants~
~
>-%Provision for (reduction of) reserves~
~
on accounts receivable.&Amortization of premium on investments~
?0(Amortization of deferred financing costs~
?%Loss on disposal of equipment~
N~
#Loss on sale of investments ?~
J*"Changes in assets and liabilities:Accounts receivable~
b~
z1)Prepaid expenses and other current assets~
~
Other assets~
~
vAccounts payable~
~
zAccrued expenses~
~~
j$Deferred revenue~
&~
CDflzm>&oC, ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? - %Net cash used in operating activities ~
" ~
!!!"Investing activities"""""""" #Purchases of investments##~
#6$### #?#+$#Purchases of property and equipment$$~
$$$$~
$$%Sales of investments%% %?%%%~
%*%/&'Capitalization of internal-use software&&~
&&&&~
&&
'costs#(Decrease in restricted cash(( (?(((~
(Z()))))))))0*(Net cash (used in) provided by investing**~
****~
*V
*+
activities,,,-Financing activities--------/.'Proceeds from exercise of stock options..~
.^...~
.../&Proceeds from issuance of common stock//~
/v/// /?/30+in connection with initial public offering,1net of offering costs'2Borrowings under line of credit22 2?222~
2B2"3Borrowings under term loan33 3?333~
3"N3 4Payments under term loan44~
4444 4?455555555516)Net cash provided by financing activities66~
6666~
6o6/7'Effect of exchange rate changes on cash77~
7777~
7788888888819)Net increase in cash and cash equivalents99~
9ҫ999~
9B9.:&Cash and cash equivalents at beginning::~
:.
:::~
:=:; of period<<<<<<<<<2=*Cash and cash equivalents at end of period=~
===~
==>>>>>>>>>5?-Supplemental disclosure of non-cash financing????????DlkG@*:(|w`@ A B C D E F G H I J K L M N O P Q @
activities/A'Conversion of preferred stock to commonA~
ANAA
A$?A
BstockCCCCCCCCC4D,Conversion of warrants to purchase preferredD~
D2DD
D$?D2E*stock to warrants to purchase common stockFFFFFFFFF4G,Accretion of Series A, B, C and D redeemableG~
GGG~
Gv.G,H$convertible preferred stock issuanceIcosts and dividendsJJJJJJJJJ#KVesting of restricted stockK~
KKK~
KKLLLLLLLLLMN$O____________________________1P)Created by Morningstar Document Research.0Q(http://documentresearch.morningstar.com/(gTkZj4Dj=PF0*8X>
@QQPPOOKKKKGGGGDDDDAAAA====
l "
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }}$ }}$ } }
$ }
}$
"
BRIGHTCOVE INC10-Q
08/03/20121)8. Cash, Cash Equivalents and Investments
June 30, 2012
Description
Contracted
Amortized
Fair Market
Balance Per
MaturityCost
Value
Balance
Sheet
Cash
Demand
~
E
~
E
~
E
Money market fundsDemand~
s~
s
~
s
'Total cash and cash equivalents~
~
~
Certificates of deposit
92 ? 367 days~
"~
~
"Commercial paper181 ? 360 days~
~
~
Corporate debentures179 ? 435 days~
Y~
6Z
~
Y
$Total short-term investments~
n~
~
n
Certificates of deposit488 ? 730 days~
~
~
~
Corporate debentures543 ? 721 days~
&8~
N8
~
&8
#Total long-term investments~
N~
N
~
N
$____________________________Dlsg[j
iC HlRV !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X>
@!!
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }}$ }
}
$ }
}$ }
}$
BRIGHTCOVE INC10-Q
08/03/20121)8. Cash, Cash Equivalents and Investments
December 31, 2011
Description
Contracted
Amortized
Fair Market
Balance Per
MaturityCost
Value
Balance
Sheet
Cash
Demand
~
r
~
r
~
r
Money market fundsDemand~
*
~
*
~
*
'Total cash and cash equivalents~
.
~
.
~
.
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2_
sg[N~e{
=PF0*8X>
@
l ^
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }1}$ }}$ }
}
$ }}$ }
}$
BRIGHTCOVE INC10-Q
08/03/201211. Net Loss per Share
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
/'Weighted-average shares of common stock~
~
M
~
Q
~
Loutstanding1
)Less: weighted-average number of unvested
~
~
~
~
,$restricted common shares outstanding
0(Weighted-average number of common shares~
~
K
~
P
~
J/'used in calculating net loss per common
share$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0 znv{dg7ko<+=PF0*8X>
@J
l &
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per ShareC Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }0.}$ }
}$ }}
$ }
}$ }}$
BRIGHTCOVE INC10-Q
08/03/201211. Net Loss per Share
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
.&Redeemable convertible preferred stock ?~
^
~
C
~
^Options outstanding~
?~
>=
~
>
~
>*
"Restricted stock units outstanding
~
r
?
~
?
"Unvested restricted shares~
~
~
~
Warrants~
~
~
~
Total~
JD~
;
~
~
=$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2Bznv}3'=PF0*8X>
@J
l R:
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }-}$ }U}$ }
}
$ }$}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012C. Cost approach
June 30, 2012
Level 1
Level 2
Level 3
Total
Assets:
-%Cash equivalents - money market funds~
s
$?
$?
~
s
Restricted cash
~
?
?
~
Certificates of deposit~
( ?
?
~
(Commercial paper ?~
?
~
Corporate debentures ?~
Ƒ
?
~
Ƒ
Total assets~
f~
r
$?
~
Q
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6^tk8Om?3'=PF0*8X>
@
l O
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approach13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }0.}$ }U}$ }$}
$ }$}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012C. Cost approach
December 31, 2011
Level 1
Level 2
Level 3
Total
Assets:
-%Cash equivalents - money market funds~
*
$?
$?
~
*
Restricted cash
~
?
?
~
Total assets~
b.
$?
$?
~
b.
Liabilities:
.&Redeemable convertible preferred stock
$?
$? ~
~
warrants
Total liabilities
$?
$? ~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<
tg4hJ6j=PF0*8X>
@
l `
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1) 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }-}$ }U}$}$ }U}$}
$ }U}$}
$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012$13. Stock-based Compensation
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
Expected life in years@333333@
@
333333@Risk-free interest rateGz? %Q@ %
p=
ף? %
q=
ףp@ %
Volatility
~
%
~
%
~
%
~
%Dividend yield ? ?
?
?-%Weighted-average fair value of grants=
ףp="@@
(\@
@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.o thpvw=PF0*8X>
@j
l {
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }$4}$ }y}$ }}$ }
}
$ }
}$
BRIGHTCOVE INC10-Q
08/03/2012$13. Stock-based Compensation
Weighted
Weighted
Average
Average
Exercise
Remaining Aggregate Number ofExercise Price Price Per
Contractual Intrinsic
Shares
Per Share
Share
Life (Years)
Value (1)
( Outstanding at December 31, 2011~
JT$ 0.13 ? 10.45Gz@
Granted~
11.00 ? 16.88 )\(-@
Exercised~
t0.13 ? 9.31 Q?
~
#Canceled~
u1.25 ? 16.88 Q @
$Outstanding at June 30, 2012~
$ 0.13 ? 16.88Q@
q=
ףp@~
$Exercisable at June 30, 2012~
:$ 0.13 ? 11.00
ףp=
@
{Gz@~
^
3+Vested or expected to vest at June 30, 2012~
$ 0.13 ? 16.88Gz@
ףp=
@~
6~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BmXth0Hk]]gg}h=PF0*8X>
@
l |
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }y#}$ }
}$ }
}$
BRIGHTCOVE INC10-Q
08/03/2012$13. Stock-based Compensation Weighted
Average
Grant DateShares
Fair Value%
Unvested by December 31, 2011
?
$?
Granted~
zG0@Vested and issued ? ?Canceled~
JzG0@!Unvested by June 30, 2012~
6zG0@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6ithE !4(=PF0*8X>
@R
l ޜ
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }y#}$ }}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012$13. Stock-based Compensation
Weighted
Average
Aggregate
Grant Date
IntrinsicShares
Fair Value
Value (1)%
Unvested by December 31, 2011
~
Q"@
Granted ? ?
Vested~
"6Q"@
Repurchased ? ?
!Unvested by June 30, 2012~
>Q"@ ~
F
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6u
thL9Nk(=PF0*8X>
@z
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }$}$ }U}$ }$}
$ }U}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012#16. Noncontrolling Interest
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
&Balance at beginning of period~
"~
~
R
~
Net income~
Z~
2
~
*
~
F
Balance at end of period~
z~
~
z
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.uiqI}qe==PF0*8X>
@
l e
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }a/}$ }$}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012&18. Related Party Transactions June 30, December 31,
~
r
~
n
J-Stream~
6 ~
Dentsu~
B~
V
/'Total related party accounts receivable~
v ~
n
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.@~rf:dy
=PF0*8X>
@Z
l O
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party TransactionsGeographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }!}$ }$}$ }U}
$ }U}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012&18. Related Party Transactions
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
J-Stream~
~
~
~
Dentsu~
~
~
~
V
#Total related party revenue~
~
b
~
~
2
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.~rfn]yQ=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }m}$ }
}$ }
}
$ }
}$ }
}$
BRIGHTCOVE INC10-Q
08/03/2012Geographic Data
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
Revenue:
North America~
~
~
~
2%
Europe
~
S
~
9
~
Z
~
h
Japan~
N~
&
~
*
~
!Asia Pacific~
f~
~
z"
~
Other~
z~
B
~
~
r
Total revenue~
Q~
~
r
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6Zu!}EeC7+=PF0*8X>
@
l 2
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic DataResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }+}$ }
}$}$ }
}$
BRIGHTCOVE INC10-Q
08/03/2012Key Metrics ! Six Months Ended June 30,
~
r
~
n
Key Metrics!Customers (at period end)
Express
~
2
~
"
Premium~
f~
b'Total customers (at period end)~
fI~
~3,$Average monthly year-to-date streams~
%)~
r%+(in thousands)'Recurring dollar retention rate~
~ %~
v %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8y
lpm=PF0*8X>
@2
l =
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }I;}$ }}$ }y}
$ }}$ }
}$
=
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30, !
Six Months Ended June 30,
~
r
~
n
~
r
~
n
Revenue:
( Subscription and support revenue~
C~
: ~
j
~
j/
'Professional services and other revenue
~
~
~
j
~
Total revenue~
Q~
~
r
~
Cost of revenue:
0(Cost of subscription and support revenue~
Q~
:
~
~
m/'Cost of professional services and other~
~
b
~
2%
~
#revenue
Total cost of revenue~
d~
"M
~
"
~
Gross profit~
"~
~
R
~
)Operating expenses:
Research and development~
RG~
:
~
~
zpSales and marketing~
F~
Z
~
%
~
2"General and administrative~
B~
2
~
{
~
j]Merger-related~
~ ?
~
~
?
Total operating expenses~
)~
~
0
~
Dl{ow7[_dQ%>Pp !"#$%&'()*+,-./0123456789:;< Loss from operations ~
J ~
ʰ
~
~
zk #!Other (expense) income, net!!~
!!!!~
!!! !
~
!!!
!~
!!"""""""""" "
"""
"""4#,Loss before income taxes and non-controlling##~
####~
### #
~
#B##
#~
#Ni#+$#interest in consolidated subsidiary"%Provision for income taxes%%~
%v%%%~
%%% %
~
%%%
%~
%N%&&&&&&&&&& &
&&&
&&&'Consolidated net loss''~
''''~
''' '
~
'Z''
'~
'h'2(*Net income attributable to non-controlling((~
((((~
((( (
~
(((
(~
((+)#interest in consolidated subsidiary********** *
***
***0+(Net loss attributable to Brightcove Inc.++~
+:+++~
+++ +
~
+2++
+~
+e+8,0Accretion of dividends on redeemable convertible,, ,?,,,~
,,, ,
~
,,,
,~
,,-preferred stock.......... .
...
...4/,Net loss attributable to common stockholders/~
/://~
/// ~
/
x//
~
/9/0000000000 0
000
00011)Net loss per share attributable to common11{GzĿ111Q11 1
ٿ11
13333331(2 stockholders - basic and diluted3333333333 3
333
33304(Weighted-average number of common shares44~
4*444~
4&44 4
~
4G#44
4~
4°$4951used in computing net loss per share attributable26*to common stockholders ? basic and diluted7777777777 7
777
77789$:____________________________1;)Created by Morningstar Document Research.0<(http://documentresearch.morningstar.com/>0)]].@t^x3;?=PF0*8X>
@<<;;::111111
11//////
//
l
6
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }U}$ }
}$ }$}$}
$ }
}$ }$}$}$ }U}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Percentage
PercentageRevenue by Product LineAmount
of Revenue
Amount
of RevenueAmount %
*
"(in thousands, except percentages)
Premium~
j5~
r % ~
~
r %~
Z~
%Express~
j~
"
~
~
"~
N~
Total~
Q~
% ~
~
%~
c~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{oC.6V8ymE=PF0*8X>
@
l K
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }U}$ }$}$}
$ }U}$ }$}$}$ }U}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Revenue by TypeAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
Subscription and support~
C~
% ~
:
~
~ %~
a~
%'Professional services and other~
~
~
~
~
~
2
Total~
Q~
% ~
~
%~
c~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4
{oC.Xk`=PF0*8X>
@
l {i
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }$}$ }
}$ }$}$}
$ }
}$ }$}$}$ }
}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Revenue by GeographyAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
North America~
~
% ~
~
%~
8~
%
Europe~
S~
f
~
9
~
b~
z~
Japan~
N~
~
&
~
"~
*~
^Asia Pacific~
f~
~
~
~
V
~
J
Other~
z~
~
B
?~
:
nm
International subtotal~
6}~
~
S
~
~
.*~
Total~
Q~
% ~
~
%~
c~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@D{oC.SqEJ\PD=PF0*8X>
@
l *
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }
}$ }$}$}
$ }
}$ }$}$}$ }$}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Cost of RevenueAmount
Percentage
Amount
PercentageAmount %
of Related
of Related
Revenue
Revenue*"(in thousands, except percentages) Subscription and support~
Q~
f % ~
:
~
j %~
~
%'Professional services and other~
~
~
b
~
N~
~
Total~
d~
z % ~
"M
~
%~
~
~ %
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6{oC.X^2=PF0*8X>
@
l ܖ
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ } }$ }$}$}
$ } }$ }$}$}$ }$}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Gross ProfitAmount
Percentage
Amount
PercentageAmount %
of Related
of Related
Revenue
Revenue*"(in thousands, except percentages) Subscription and support~
~
. % ~
z
~
* %~
~J~
%'Professional services and other~
.~
z
~
*
~
F~
~
F
Total~
"~
% ~
~
%~
K~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6{oC.[a5=PF0*8X>
@
l |
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }}$ }
}$ }$}$}
$ }
}$ }$}$}$ }
}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Operating ExpensesAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
Research and development~
RG~
V % ~
:
~
f %~
~
Z %Sales and marketing~
F~
~
Z
~
~
~
B"General and administrative~
B~
R
~
2
~
V~
~
~Merger-related~
~~
?
?~
~
nm
Total~
)~
b % ~
~
%~
9~
b %
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8{oC.Uh[?=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }}$ } }$ }$}$}
$ }$}$ }$}$}$ }}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
Other ExpenseAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
Interest income, net~
? % ~
? %~
nmInterest expense ? ?
~
?~
"~
Other expense, net~
&~
~
~
~
2~
Total~
~
% ~
~
%~
~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6,{oC.Zt/qeY1=PF0*8X>
@
l '
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }}$ }$} $ }$}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
"Provision for Income TaxesAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
"Provision for income taxes~
v ? % ~
? %~
~
V %
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.
{oC. M`4(=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }2}$ }$}$} $ }$}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
# Three Months Ended June 30,
~
r
~
n
Change
0(Non-Controlling Interest in ConsolidatedAmount
Percentage
Amount
PercentageAmount %
Subsidiary
of Revenue
of Revenue
*
"(in thousands, except percentages)
2*Net income attributable to non-controlling~
~
% ~
? %~
~
~ %+#interest in consolidated subsidiary
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0
{oC.5w7=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }U}$ }
}$ }$}$}
$ }
}$ }$}$}$ }
}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Revenue by Product LineAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
Premium~
Q~
n % ~
~
r %~
~
%Express~
7~
&
~
n%
~
"~
Z~
Total~
r~
% ~
~
%~
j~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4
{oC0Rv7=PF0*8X>
@
l }
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }
}$ }$}$}
$ }
}$ }$}$}$ }U}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Revenue by TypeAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
Subscription and support~
j~
~ % ~
j
~
~ %~
~
%'Professional services and other~
j~
~
~
~
~
Total~
r~
% ~
~
%~
j~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4
{oC0Zmb=PF0*8X>
@
l 3
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }$}$ }
}$ }$}$}
$ }
}$ }$}$}$ }
}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Revenue by GeographyAmount
Percentage
Amount
PercentageAmount %
of Revenue
of Revenue
*
"(in thousands, except percentages)
North America~
~
% ~
2%
~
%~
z~
%
Europe~
Z~
^
~
h
~
b~
/~
Japan~
*~
~
!
~
"~
~
nAsia Pacific~
z"~
~
~
~
n~
R
Other~
~
~
r
?~
nm
International subtotal~
z~
~
ڕ
~
~
S~
Total~
r~
% ~
~
%~
j~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@D{oC0UsG L ^RF=PF0*8X>
@
l I
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ }
}$ }$}$}
$ }
}$ }$}$}$ }U}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Percentage
PercentageCost of RevenueAmount
of Related
Amount
of RelatedAmount %
Revenue
Revenue*"(in thousands, except percentages) Subscription and support~
~
j % ~
m
~
j %~
4~
%'Professional services and other~
2%~
~
#
~
~
~
Total~
"~
~ % ~
~
%~
6~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6{oC08h{$p=PF0*8X>
@
l `
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }%}$ } }$ }$}$}
$ } }$ }$}$}$ }U}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Percentage
PercentageGross ProfitAmount
of Related
Amount
of RelatedAmount %
Revenue
Revenue*"(in thousands, except percentages) Subscription and support~
~
* % ~
n7
~
* %~
~
%'Professional services and other~
:~
~
~
~
~
Total~
R~
% ~
)
~
%~
ʗ~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6{oC08!k~'s=PF0*8X>
@
l y
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }}$ }}$ }$}$}
$ }}$ }$}$}$ }
}$ }$}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Percentage
PercentageOperating ExpensesAmount
of Revenue
Amount
of RevenueAmount %
*
"(in thousands, except percentages)
Research and development~
~
V % ~
zp
~
f %~
~
V %Sales and marketing~
%~
~
2
~
~
4~
Z"General and administrative~
{~
N
~
j]
~
V~
6~
Merger-related~
~~
?
?~
~
nm
Total~
0~
Z % ~
~
%~
r~
j %
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8{oC08].M!=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (17)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }}$ } }$ }$}$}
$ }$}$ }$}$ } }$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Percentage
Percentage
Other ExpenseAmount
of Revenue
Amount
of RevenueAmount %
*
"(in thousands, except percentages)
Interest income, net~
? % ~
J
? %~
v~
%Interest expense~
> ?
~
?~
^
nmOther expense, net~
~
~
?~
~
Total~
~
% ~
? %~
~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6f{oC08 b9~c7+=PF0*8X>
@
l Ȣ
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (18)Cash Flows (1)ITEM 6 EXHIBITSU }}$ }$} $ }$}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Percentage
Percentage"Provision for Income TaxesAmount
of Revenue
Amount
of RevenueAmount %
*
"(in thousands, except percentages)
"Provision for income taxes~
? % ~
N
? %~
~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.S
{oC08U&=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Cash Flows (1)ITEM 6 EXHIBITSU }2}$ }$} $ }$}$}$ }U}$
BRIGHTCOVE INC10-Q
08/03/2012Results of Operations
! Six Months Ended June 30,
~
r
~
n
Change
Percentage
Percentage0(Non-Controlling Interest in ConsolidatedAmount
of Revenue
Amount
of RevenueAmount %
Subsidiary*"(in thousands, except percentages)2*Net income attributable to non-controlling~
? % ~
~
%~
~
f %+#interest in consolidated subsidiary
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2
{oC081~V=PF0*8X>
@
l
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)ITEM 6 EXHIBITSU }2}$ }
}$ }
}$
BRIGHTCOVE INC10-Q
08/03/2012
Cash Flows ! Six Months Ended June 30, ,
$Condensed Consolidated Statements of
~
r
~
n
Cash Flow Data(in thousands)+
#Purchases of property and equipment
~
~
%Depreciation and amortization~
v~
z/'Cash flows used in operating activities~
"~
2*Cash flows (used in) provided by investing~
~
V
activities,$Cash flows from financing activities~
~
o$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{zI/vR=PF0*8X>
@J
l :/
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??) For the transition period fromTable of Contents
Balance SheetIncome Statement!Condensed Consolidated Statemen
Cash Flows!8 Cash Cash Equivalents and Inv!8 Cash Cash Equivalents and (1)11 Net Loss per Share11 Net Loss per Share (1)C Cost approachC Cost approach (1)13 Stockbased Compensation 13 Stockbased Compensation (1) 13 Stockbased Compensation (2) 13 Stockbased Compensation (3)16 Noncontrolling Interest18 Related Party Transactions18 Related Party Transact (1)Geographic Data
Key MetricsResults of OperationsResults of Operations (1)Results of Operations (2)Results of Operations (3)Results of Operations (4)Results of Operations (5)Results of Operations (6)Results of Operations (7)Results of Operations (8)Results of Operations (9)Results of Operations (10)Results of Operations (11)Results of Operations (12)Results of Operations (13)Results of Operations (14)Results of Operations (15)Results of Operations (16)Results of Operations (17)Results of Operations (18)Cash Flows (1)U }}$ }6
:
BRIGHTCOVE INC10-Q
08/03/2012ITEM 6. EXHIBITS Exhibits
@1)Agreement and Plan of Merger, dated as of3+July 26, 2012, by and among the Registrant,
/
'Zebra Acquisition Corporation, Zencoder4,Inc. and the Securityholders? Representativenamed therein.@1)Eleventh Amended and Restated Certificateof Incorporation @$Amended and Restated By-Lawsffffff@/'Form of Common Stock certificate of the
Registrant 31.1*0(Certification of Chief Executive Officer5-Pursuant to Section 302 of the Sarbanes-OxleyAct of 2002. 31.2*0(Certification of Chief Financial Officer5-Pursuant to Section 302 of the Sarbanes-OxleyAct of 2002.DOltP$j27 M !"#$%&'()*+,-./0123456789 ! 32.1*!0!(Certification of Chief Executive Officer""/"'and Chief Financial Officer Pursuant to##0#(Section 906 of the Sarbanes-Oxley Act of$$~
$J%%&101.INS+&&XBRL Instance Document.''(101.SCH+(0((XBRL Taxonomy Extension Schema Document.))*101.CAL+*4*,XBRL Taxonomy Extension Calculation Linkbase+++ Document.,,-101.DEF+-3-+XBRL Taxonomy Extension Definition Linkbase... Document.//0101.LAB+0.0&XBRL Taxonomy Extension Label Linkbase111 Document.223101.PRE+3,3$XBRL Taxonomy Extension Presentation444Linkbase Document.56$7____________________________18)Created by Morningstar Document Research.09(http://documentresearch.morningstar.com/8J}et\nA)c=PF0*8X>
@998877
Root Entry FBook
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~