<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A-2
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 28, 1999
AGATE TECHNOLOGIES, INC.
(Exact name of registrant as specified in charter)
<TABLE>
<CAPTION>
<S> <C> <C>
Delaware 333-5278-NY 94-3334052
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
</TABLE>
46783 Lakeview Boulevard
Fremont, California 94538
(Address of principal executive offices)
Registrant's telephone number, including area code (510) 492-5430
<PAGE>
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
27.1 Financial Data Schedule for the three months ended March 31, 1999 is
attached as Exhibit 27.1.
27.2 Financial Data Schedule for the year ended December 31, 1998 is attached
as Exhibit 27.2.
27.3 Financial Data Schedule for the year ended December 31, 1997 is attached
as Exhibit 27.3.
SIGNATURES
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 hereunto duly authorized.
AGATE TECHNOLOGIES, INC.
/s/ Francis CS Khoo
DATED: August 17, 1999
By: Francis CS Khoo
Chairman of the Board and CEO
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF AGATE TECHNOLOGIES, INC. FOR THE THREE
MONTHS ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> MAR-31-1999
<CASH> 2,162,500
<SECURITIES> 0
<RECEIVABLES> 222,532
<ALLOWANCES> (27,999)
<INVENTORY> 395,279
<CURRENT-ASSETS> 2,652,461
<PP&E> 288,837
<DEPRECIATION> (168,425)
<TOTAL-ASSETS> 2,950,696
<CURRENT-LIABILITIES> 745,641
<BONDS> 0
0
7,256,589
<COMMON> 1,188,068
<OTHER-SE> (6,244,400)
<TOTAL-LIABILITY-AND-EQUITY> 2,950,696
<SALES> 405,870
<TOTAL-REVENUES> 405,870
<CGS> 163,438
<TOTAL-COSTS> 163,438
<OTHER-EXPENSES> 811,305
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,919
<INCOME-PRETAX> (541,272)
<INCOME-TAX> 5,839
<INCOME-CONTINUING> (547,111)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (547,111)
<EPS-BASIC> (0.08)
<EPS-DILUTED> (0.08)
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATMENTS OF AGATE TECHNOLOGIES, INC. FOR THE YEAR ENDED
DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<CASH> 2,491,305
<SECURITIES> 0
<RECEIVABLES> 258,590
<ALLOWANCES> (27,999)
<INVENTORY> 319,279
<CURRENT-ASSETS> 3,071,004
<PP&E> 284,113
<DEPRECIATION> (145,498)
<TOTAL-ASSETS> 3,376,498
<CURRENT-LIABILITIES> 619,655
<BONDS> 0
0
7,256,589
<COMMON> 1,188,068
<OTHER-SE> (5,697,289)
<TOTAL-LIABILITY-AND-EQUITY> 3,376,498
<SALES> 947,543
<TOTAL-REVENUES> 947,543
<CGS> 304,849
<TOTAL-COSTS> 304,849
<OTHER-EXPENSES> 2,831,876
<LOSS-PROVISION> 19,475
<INTEREST-EXPENSE> 4,051
<INCOME-PRETAX> (2,090,588)
<INCOME-TAX> 11,903
<INCOME-CONTINUING> (2,102,491)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,102,491)
<EPS-BASIC> (0.30)
<EPS-DILUTED> (0.30)
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLDATED FINANCIAL STATEMENTS OF AGATE TECHNOLOGIES, INC. FOR THE YEAR ENDED
DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<CASH> 4,615,242
<SECURITIES> 0
<RECEIVABLES> 60,814
<ALLOWANCES> (14,745)
<INVENTORY> 92,775
<CURRENT-ASSETS> 4,855,504
<PP&E> 293,967
<DEPRECIATION> (63,431)
<TOTAL-ASSETS> 5,131,809
<CURRENT-LIABILITIES> 265,821
<BONDS> 0
0
7,256,589
<COMMON> 1,188,068
<OTHER-SE> (3,627,517)
<TOTAL-LIABILITY-AND-EQUITY> 5,131,809
<SALES> 36,443
<TOTAL-REVENUES> 36,443
<CGS> 8,854
<TOTAL-COSTS> 8,854
<OTHER-EXPENSES> 2,615,249
<LOSS-PROVISION> 14,745
<INTEREST-EXPENSE> 4,408
<INCOME-PRETAX> (2,436,000)
<INCOME-TAX> 800
<INCOME-CONTINUING> (2,436,800)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,436,800)
<EPS-BASIC> (0.35)
<EPS-DILUTED> (0.35)
</TABLE>
