Form 10-QSB/A
SECURITIES AND EXCHANGE COMMISSION
Washington D.C.
Quarterly Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
For the Quarterly Period Ended December 31, 1996 Commission File No. 0-26884
NETTER DIGITAL ENTERTAINMENT, INC.
(exact name of registrant as specified in charter)
Delaware 95-3392054
(State or other (I.R.S. Employer
jurisdiction of incorporation) Identification No.)
5200 Lankershim Blvd., Suite 280
No. Hollywood, California 91601
(Address of principal executive office)
Registrant's telephone number, including area code: 818/753-1990
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 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 X NO ___
As of February 13, 1997 the Registrant had 3,317,221 shares of its
Common Stock, $.01 par value, issued and outstanding.
SIGNATURE
Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NETTER DIGITAL ENTERTAINMENT, INC.
Registrant
Dated: February 28, 1997 By: /s/ Thomas Jorgenson
---------------------
Thomas Jorgenson
Chief Operating Officer
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<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-END> DEC-31-1996
<CASH> 1,089,890
<SECURITIES> 0
<RECEIVABLES> 1,225,555
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 2,506,196
<PP&E> 1,094,561
<DEPRECIATION> 115,679
<TOTAL-ASSETS> 4,212,053
<CURRENT-LIABILITIES> 838,233
<BONDS> 0
0
0
<COMMON> 27,950
<OTHER-SE> 3,345,370
<TOTAL-LIABILITY-AND-EQUITY> 4,212,053
<SALES> 0
<TOTAL-REVENUES> 9,421,612
<CGS> 0
<TOTAL-COSTS> 8,489,350
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (42,132)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (42,132)
<EPS-PRIMARY> (0.02)
<EPS-DILUTED> 0
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