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STVI > SEC Filings for STVI > Form 8-K/A on 3-May-2013All Recent SEC Filings

Show all filings for SNAP INTERACTIVE, INC | Request a Trial to NEW EDGAR Online Pro



Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition.

On May 1, 2013, Snap Interactive, Inc. (the "Company") issued a press release reporting its financial results for the quarter ended March 31, 2013 and certain other information. The Company determined that the press release contained errors in the amounts reported on the Consolidated Balance Sheets, the Consolidated Statements of Cash Flows and the reconciliation of Non-GAAP Financial Measures.

Balance Sheet Information. For the Consolidated Balance Sheets, the amount under "Cash and cash equivalents" at March 31, 2013 was $4,164,286 instead of the $4,364,286 that was included in the press release. In addition, the amount under "Restricted cash" on the Consolidated Balance Sheets at March 31, 2013 was $305,211 instead of $105,211 that was included in the press release. While the amounts reported for "Cash and cash equivalents" and "Restricted cash" were reported incorrectly, the amount under "Overall liquidity" of $4,469,497 remains unchanged. The corrected information for the Consolidated Balance Sheets is reported in the table below:

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