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SEC FILE NUMBER | ||
0-28252 |
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CUSIP NUMBER | ||
111412 10 2 |
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(Check one): | o Form 10-K o Form 20-F o Form 11-K þ Form 10-Q o Form 10-D o Form N-SAR o Form N-CSR | |||||
For Period Ended: | June 30, 2006 | |||||
o Transition Report on Form 10-K | ||||||
o Transition Report on Form 20-F | ||||||
o Transition Report on Form 11-K | ||||||
o Transition Report on Form 10-Q | ||||||
o Transition Report on Form N-SAR | ||||||
For the Transition Period Ended: | ||||||
o |
|||||
(a) | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense | ||||
(b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and | ||||
(c) | The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
SEC 1344 (03-05) | Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
(1) | Name and telephone number of person to contact in regard to this notification |
Kent Liu | 650 | 542-5100 | ||
(Name) |
(Area Code) | (Telephone Number) |
(2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). | |
Yes þ No o | ||
(3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | |
Yes þ No o | ||
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. | ||
We currently anticipate that our results of operations for the quarter ended June 30, 2006, to
be reported in the Quarterly Report on Form 10-Q to which this filing relates, will reflect
significant changes from the prior year, unrelated to the causes for the delay described in Part
III. We currently expect to report that our total revenues for the quarter ended June 30, 2006
were approximately $12.7 million, compared with approximately $15.5 million for the quarter
ended June 30, 2005. The anticipated decrease in total revenues was due primarily to a decline
in services revenue. We currently expect to report that our total operating expenses for the
quarter ended June 30, 2006 were approximately $7.6 million, compared with approximately $12.2 million for the quarter ended June 30, 2005. The anticipated decrease in operating expenses was
due primarily to reduced headcount. This Notification of Late filing on Form 12b-25 contains forward-looking statements, including statements regarding our financial results for the quarter ended June 30, 2006. These statements are based on current expectations as of the date of this filing and involve a number of risks and uncertainties, which results may differ materially from those indicated by these forward-looking statements. These risks include, without limitation, risks related to our ability to complete our quarter-end financial statement preparation and other risks detailed in our filings with the Securities and Exchange Commission. |
Date
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September 22, 2006 | By | /s/ Pehong Chen | |||