<PAGE>
Exhibit 99.1
Commerce One, Inc.
Consolidated Statements of Operations
(In thousands, except per share data)
(unaudited)
<TABLE>
<CAPTION>
Three months Six months
ended June 30, ended June 30,
2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
Revenues:
License fees $ 40,953 $ 2,270 $ 68,074 $ 3,726
Services 21,751 1,932 29,639 2,580
-------- -------- --------- --------
Total revenues 62,704 4,202 97,713 6,306
Costs and expenses:
Cost of license fees 973 - 2,072 -
Cost of services 20,327 3,096 31,143 4,764
Sales and marketing 31,230 6,319 50,434 10,397
Product development 20,769 3,609 34,923 6,971
General and administrative 5,628 923 9,314 1,750
-------- -------- --------- --------
Total costs and expenses 78,927 13,947 127,886 23,882
Loss before interest,
income tax, purchased
in-process research
and development -------- -------- --------- --------
and amortization (16,223) (9,745) (30,173) (17,576)
-------- -------- --------- --------
Purchased in-process
research and development - - 5,142 3,037
Amortization of deferred
stock compensation 4,127 663 8,326 1,247
Amortization of goodwill
and other intangible
assets 22,509 1,049 44,404 1,924
-------- -------- --------- --------
26,636 1,712 57,872 6,208
-------- -------- --------- --------
Loss before interest and
income tax (42,859) (11,457) (88,045) (23,784)
-------- -------- --------- --------
Interest income, net 1,182 217 2,723 233
Provision for income taxes 1,470 586 1,470 586
-------- -------- --------- --------
Net loss $(43,147) $(11,826) $(86,792) $(24,137)
======== ======== ========= ========
Basic and diluted
net loss per share $ (0.28) $ (0.11) $ (0.57) $ (0.26)
======== ======== ========= ========
Shares used in calculation
of net loss per share 155,064 103,410 153,250 94,314
======== ======== ========= ========
Net loss per share before
interest, income tax,
purchased in-process
research and development
and amortization $ (0.10) $ (0.09) $ (0.20) $ (0.19)
======== ======== ========= ========
</TABLE>
-1-
<PAGE>
Commerce One, Inc.
Consolidated Balance Sheets
(In thousands)
ASSETS
<TABLE>
<CAPTION>
June 30, December 31,
2000 1999
---- ----
(unaudited)
<S> <C> <C>
Current assets:
Cash and cash equivalents $ 244,825 $ 124,606
Accounts receivable, net 48,090 15,845
Prepaid expenses and
other current assets 10,801 4,656
--------- ---------
Total current assets 303,716 145,107
Property and equipment, net 38,205 11,892
Intangible assets, net 325,139 227,611
Investments and other assets 9,750 -
--------- ---------
Total assets $ 676,810 $ 384,610
========= =========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 12,442 $ 6,885
Accrued compensation
and related expenses 14,925 3,972
Deferred revenue 62,293 40,414
Other current liabilities 24,708 16,356
--------- ---------
Total current liabilities 114,368 67,627
Notes payable 104 262
Stockholders' equity 562,338 316,721
--------- ---------
Total liabilities and
stockholders' equity $ 676,810 $ 384,610
========= =========
</TABLE>
-2-
