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| eSpeed,
Inc. and Subsidiaries |
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| CONSOLIDATED
STATEMENT OF FINANCIAL CONDITION |
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| September
30, 2001 and December 31, 2000 |
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September 30, 2001 |
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December 31, 2000 |
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(unaudited) |
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Assets |
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| Cash and
cash equivalents |
$ 3,078,316 |
|
$ 161,463 |
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| Reverse
repurchase agreements with related parties |
146,037,161 |
|
122,002,249 |
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| Total cash and cash equivalents |
149,115,477
|
|
122,163,712
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| Fixed
assets, net |
14,992,679 |
|
23,441,365 |
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| Investments |
|
8,718,271 |
|
5,833,679 |
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| Intangible
assets |
6,563,927 |
|
-
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|
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| Insurance
claim receivable, due from parent |
17,690,289 |
|
-
|
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| Other
assets |
|
7,250,280 |
|
3,683,507 |
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Total assets |
$
204,330,923 |
|
$
155,122,263 |
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|
Liabilities and Stockholders' Equity |
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Liabilities |
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| Payable to
related parties, net |
$ 4,613,040 |
|
$ 11,370,248 |
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| Accounts
payable and accrued liabilities |
34,443,260 |
|
11,494,262 |
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Total liabilities |
39,056,300
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|
22,864,510
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Stockholders' equity: |
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| Preferred
stock, par value $0.01 per share; 50,000,000 shares authorized; |
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|
8,000,750 and 8,000,000 shares
issued and outstanding |
80,008 |
|
80,000 |
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| Class A
common stock, par value $0.01 per share; 200,000,000 shares |
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|
authorized; 26,449,042 and
16,342,202 shares issued and outstanding |
264,490 |
|
163,422 |
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| Class B
common stock, par value $0.01 per share; 100,000,000 shares |
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|
authorized; 28,524,737 and
35,520,480 shares issued and outstanding |
285,247 |
|
355,205 |
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| Additional
paid in capital |
268,044,692 |
|
205,908,024 |
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| Subscription
receivable |
(1,250,000) |
|
(1,250,000) |
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| Unamortized
expense of restricted stock awards |
(45,853) |
|
-
|
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| Unamortized
expense of business partner securities |
(2,991,000) |
|
-
|
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| Accumulated
deficit |
(99,112,961) |
|
(72,998,898) |
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Total stockholders' equity |
165,274,623
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|
132,257,753
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| Total
liabilities and stockholders' equity |
$ 204,330,923 |
|
$ 155,122,263 |
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