SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q/A
(Amendment No. 1)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR QUARTER ENDED June 30, 2005
Commission File Number: 0-31226
INVESTOOLS INC.
(Exact name of Registrant as specified in its charter)
Delaware |
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76-0685039 |
(State or other jurisdiction of
incorporation or |
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(I.R.S. Employer Identification No.) |
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13947 South
Minuteman Drive |
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84020 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code:
(801) 816-6913
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes ý |
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No o |
Indicate by check mark whether the Registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act).
Yes ý |
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No o |
Indicate the number of shares outstanding of each of the issuers classes of common stock, as of the latest practicable date:
$.01 par value per share Common Stock: 45,035,190 as of Aug 2, 2005
Explanatory Note
This Form 10-Q/A (Amendment No. 1) amends our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2005, as initially filed with the Securities and Exchange Commission (the SEC) on August 9, 2005, and is being filed to correct the percentages disclosed in the Cost of Revenue as a Percent of Total Sales Transaction Volume table under Item 2 on Page 18. These amounts were miscalculated in the original Form 10-Q. We have included in this Form 10-Q/A the amended Cost of Revenue as a Percent of Total Sales Transaction Volume table from Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations on Page 18 of the original Form 10-Q. No other revisions were made to the original Form 10-Q filed on August 9, 2005.
2
Cost of Revenue as a Percent of Total Sales Transaction Volume
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Three Months Ended |
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Six Months Ended |
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2005 |
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2004 |
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2005 |
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2004 |
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Partner commissions |
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17 |
% |
27 |
% |
20 |
% |
26 |
% |
Payroll costs |
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20 |
% |
14 |
% |
19 |
% |
13 |
% |
Other |
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18 |
% |
13 |
% |
19 |
% |
14 |
% |
Total cost of revenue |
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55 |
% |
54 |
% |
58 |
% |
53 |
% |
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31.1 |
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Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
31.2 |
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Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
32.1 |
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Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
32.2 |
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Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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INVESTools Inc. |
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/s/ IDA K. KANE |
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Ida K. Kane |
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Date: August 17, 2005 |
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