<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 10-Q/A
AMENDMENT NO. 2
(Mark One)
( x ) QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1995
OR
( ) TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from _______________ to _____________
Commission file number 1-4324
------
ANDREA ELECTRONICS CORPORATION
--------------------------------------------
(Exact name of registrant as specified in its charter)
New York 11-0482020
- -------------------------- -----------------------------------
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
11-40 45th Road, Long Island City, New York 11101
- ------------------------------------------- ------------
(Address of principal executive offices) (Zip Code)
1-800-442-7787
---------------------------------------------------
Registrant's telephone number, including area code)
Indicate by check mark whether the registrant: (1) filed all reports
required to be filed by Section 13 or 15(d) of the Exchange Act during the
past 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 ----
-----
Indicate the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date. 3,016,360.
Reason for Filing Form 10-Q/A (Amendment No. 2):
This Form 10-Q/A (Amendment No. 2) is being filed for the purpose of filing
Exhibit 27 - Financial Data Schedule in respect of the quarterly period ended
June 30, 1995.
1
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PART II---OTHER INFORMATION
ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K.
(a) Exhibits.
Exhibit Page
Number Description Number
------ ----------- ------
10.1* Procurement Agreement, dated June 16, 1995, by and
between
International Business Machines Corporation and the Company
11** Computation of Fully Diluted Earnings Per Common Share
27 Financial Data Schedule 4
_____________________
* Previously filed with the Registrant's Report on Form 10-Q for the
quarterly period ended June 30, 1995. The Registrant has requested
confidential treatment of certain portions of this Agreement.
** Previously filed with the Registrant's Report on Form 10-Q for the
quarterly period ended June 30, 1995.
2
<PAGE>
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 thereto duly authorized.
ANDREA ELECTRONICS CORPORATION
(Registrant)
/s/ Frank A.D. Andrea, Jr. Chairman of the Board November 13, 1995
- -------------------------- and Chief Executive Officer
Frank A.D. Andrea, Jr.
/s/ Patrick D. Pilch Executive Vice President, November 13, 1995
- -------------------------- and Chief Financial Officer
Patrick D. Pilch
3
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<CASH> $2,338,160
<SECURITIES> 89,125
<RECEIVABLES> 1,133,082
<ALLOWANCES> 2,183
<INVENTORY> 397,198
<CURRENT-ASSETS> 4,180,828
<PP&E> 663,246
<DEPRECIATION> 789,889
<TOTAL-ASSETS> 4,845,225
<CURRENT-LIABILITIES> 243,344
<BONDS> 0
<COMMON> 1,508,180
0
0
<OTHER-SE> 3,043,758
<TOTAL-LIABILITY-AND-EQUITY> 4,845,225
<SALES> 2,660,951
<TOTAL-REVENUES> 2,660,951
<CGS> 1,417,793
<TOTAL-COSTS> 1,417,793
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,006
<INCOME-PRETAX> (137,427)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (137,427)
<EPS-PRIMARY> (.05)
<EPS-DILUTED> (.04)
</TABLE>
