SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 12, 2003
VIRAGE LOGIC CORPORATION
| Delaware | 000-31089 | 77-0416232 | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
| 47100 Bayside Parkway, Fremont, CA | 94538 | |||
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (510) 360-8000
| Item 7. Financial Statements and Exhibits. | ||||||||
| Item 5. Other Events and Required FD Disclosure | ||||||||
| SIGNATURE | ||||||||
| EXHIBIT INDEX | ||||||||
| EXHIBIT 99.1 | ||||||||
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1. Revised Consolidated Statements of Operations, Reconciliation of Pro Forma Net Income to Reported Results, Pro Forma Consolidated Statements of Operations and Consolidated Balance Sheets originally furnished as part of the company’s press release dated July 24, 2003.
Item 5. Other Events and Required FD Disclosure
On July 24, 2003, Virage Logic Corporation (the “Company”) announced its financial results for the three months ended June 30, 2003, which included a $550,000 loan loss reserve in connection with a past due loan made as an investment in a private company, and furnished the press release announcing those financial results as an exhibit to a Current Report on Form 8-K. On August 12, 2003 and prior to the issuance of its financial statements for the three months ended June 30, 2003, the Company was repaid in full a previously past due loan. As a result, the Company reversed the $550,000 loan loss reserve related to such loan reflected in the financial statements attached to the July 24, 2003 press release. The reversal of the loan loss reserve caused the Company’s net loss for the three months ended June 30, 2003 to change from $1.6 million, or $0.08 per share, to $1.2 million, or $0.06 per share. This Current Report on Form 8-K is being filed solely to furnish the revised financial results of the Company for the three months ended June 30, 2003, which are attached as Exhibit 99.1.
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SIGNATURE
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 herewith duly authorized.
| Date: August 14, 2003 | VIRAGE LOGIC CORPORATION | |||
| By: | /s/JAMES R. PEKARSKY James R. Pekarsky, Vice President, Finance and Chief Financial Officer | |||
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EXHIBIT INDEX
| Exhibit | Description | |
| 99.1 | Revised Consolidated Statements of Operations, Reconciliation of Pro Forma Net Income to Reported Results, Pro Forma Consolidated Statements of Operations and Consolidated Balance Sheets originally furnished as part of the company’s press release dated July 24, 2003. |
