Exhibit 99.2 ALIGN TECHNOLOGY, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Three Months Ended Year Ended ------------------------ ------------------------ (in thousands, except per Dec. 31, Dec. 31, Dec. 31, Dec. 31, share data) 2004 2003 2004 2003 - ------------------------------------------- ---------- ---------- ---------- ---------- Revenues $ 43,655 $ 36,502 $ 172,830 $ 122,725 Cost of revenues 14,578 12,926 57,143 51,565 Gross profit 29,077 23,576 115,687 71,160 Operating expenses: Sales and marketing 15,377 11,138 55,932 43,689 General and administrative 8,655 8,666 33,851 34,296 Research and development 4,006 3,302 15,756 13,112 Total operating expenses 28,038 23,106 105,539 91,097 Profit (loss) from operations 1,039 470 10,148 (19,937) Interest and other income (expense), net 616 28 (3) (101) Provision for income taxes (151) (46) (994) (84) Net profit (loss) $ 1,504 $ 452 $ 9,151 $ (20,122) Net profit (loss) per share - basic $ 0.02 $ 0.01 $ 0.15 $ (0.35) Weighted-average shares used in computing basic net profit (loss) per share 60,744 58,398 59,963 57,758 Net profit (loss) per share - diluted $ 0.02 $ 0.01 $ 0.14 $ (0.35) Weighted-average shares used in computing diluted net profit (loss) per share 63,560 63,704 64,089 57,758 ALIGN TECHNOLOGY, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) December 31, December 31, (in thousands) 2004 2003 - --------------------------------------- ------------ ------------ ASSETS Current assets: Cash and cash equivalents $ 69,659 $ 44,939 Restricted cash 303 439 Marketable securities, short-term -- 2,292 Accounts receivable, net 28,809 21,265 Inventories, net 2,852 2,334 Other current assets 5,211 5,845 Total current assets 106,834 77,114 Property and equipment, net 22,085 23,121 Other long-term assets 2,176 1,967 Total assets $ 131,095 $ 102,202 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 3,361 $ 3,095 Accrued liabilities 23,481 19,180 Deferred revenue 16,257 13,113 Debt, current portion 1,849 1,989 Total current liabilities 44,948 37,377 Debt, long-term portion 25 1,849 Total liabilities 44,973 39,226 Total stockholders' equity 86,122 62,976 Total liabilities and stockholders' equity $ 131,095 $ 102,202