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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(Mark One)
/X/ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934
For the Quarterly Period Ended September 30, 1997
or
/ / 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 000-22765
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EXCELSIOR-HENDERSON MOTORCYCLE
MANUFACTURING COMPANY
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(Exact name of registrant as specified in its charter)
Minnesota 41-1771946
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(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
805 Hanlon Drive
Belle Plaine, Minnesota 56011
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(Address of principal executive offices) (Zip code)
(612) 873-5700
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Registrant's telephone number
Former Address: 607 West Travelers Trail, Burnsville, Minnesota 55337
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(Former name, former address and former fiscal year, if changed since last
report)
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
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 / /
State the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practical date: Common Stock, $.01 par value --
13,020,159 issued and outstanding as of November 7, 1997.
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EXCELSIOR-HENDERSON MOTORCYCLE MANUFACTURING COMPANY
(A DEVELOPMENT STAGE COMPANY)
PART I -- FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
(This Quarterly Report on Form 10-Q/A amends and replaces in its
entirety the Statements of Operations for the Three Months Ended
September 30, 1996 and 1997 appearing in the Company's Quarterly
Report on Form 10-Q filed November 14, 1997 (File No. 000-22765).
Other than such change, no other changes are being made by this
Quarterly Report on Form 10-Q/A.)
Statements of Operations
(Unaudited)
Three Months Ended
September 30
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1996 1997
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PREOPERATING EXPENSES:
Research and development $351,691 $620,633
Marketing 170,013 628,624
General and administrative 243,554 505,633
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Total preoperating expenses 765,258 1,754,890
INTEREST INCOME 25,299 298,186
INTEREST EXPENSE (1,205) (6,016)
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NET LOSS $(741,164) $(1,462,720)
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NET LOSS PER COMMON SHARE $(0.12) $(0.13)
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WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 6,003,731 11,341,095
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Please see the notes to the Company's financial statements
in the Company's quarterly report on Form 10-Q filed
November 14, 1997 (File No. 000-22765),
which are an integral part of these financial statements.
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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, thereunto duly authorized.
EXCELSIOR-HENDERSON MOTORCYCLE
MANUFACTURING COMPANY
DATE: November 14, 1997 By: /s/ Thomas M. Rootness
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Thomas M. Rootness,
Senior Vice President of Finance and
Administration and Chief Financial Officer
(Duly authorized officer and Principal
Financial Officer)
