UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
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FORM 10-Q/A
Amendment No. 1
to Form 10-Q
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(Mark One)
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 27, 1997
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from _____ to _____.
Commission File Number: 000-21067
TRUSTED INFORMATION SYSTEMS, INC.
(Exact Name of Registrant as specified in its charter)
Delaware 51-0375640
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3060 Washington Road (Rt. 97)
Glenwood, Maryland 21738
(Address of Principal Executive Offices and Zip Code)
(301) 854-6889
(Registrant's telephone number, including area code)
Indicate by check mark whether the issuer (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Exchange Act 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 last 90
days.
Yes X No
Indicate the number of shares of the issuer's classes of common stock
outstanding as of the latest practicable date: 11,611,851 shares of common stock
were outstanding as of July 31, 1997.
<PAGE>
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
TRUSTED INFORMATION SYSTEMS, INC.
Date: August 13, 1997 By: /s/ Stephen T. Walker
--------------------------
Stephen T. Walker,
President and CEO
Date: August 13, 1997 By: /s/ Ronald W. Kaiser
--------------------------
Ronald W. Kaiser,
Chief Financial Officer
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
EXHIBIT 27
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE SIX MONTH PERIOD
ENDED JUNE 27, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-26-1997
<PERIOD-START> DEC-28-1996
<PERIOD-END> JUN-27-1997
<CASH> 2,709,429
<SECURITIES> 32,529,229
<RECEIVABLES> 8,081,741
<ALLOWANCES> 416,589
<INVENTORY> 0
<CURRENT-ASSETS> 48,709,017
<PP&E> 9,433,097
<DEPRECIATION> 2,365,644
<TOTAL-ASSETS> 56,089,180
<CURRENT-LIABILITIES> 9,737,065
<BONDS> 2,343,378
0
0
<COMMON> 116,078
<OTHER-SE> 43,845,966
<TOTAL-LIABILITY-AND-EQUITY> 56,089,180
<SALES> 17,492,587
<TOTAL-REVENUES> 17,492,587
<CGS> 6,089,346
<TOTAL-COSTS> 6,089,346
<OTHER-EXPENSES> 16,913,427
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 106,316
<INCOME-PRETAX> (4,610,894)
<INCOME-TAX> (1,479,724)
<INCOME-CONTINUING> (3,131,170)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (3,131,170)
<EPS-PRIMARY> (.27)
<EPS-DILUTED> (.27)
</TABLE>
