<PAGE>
AMENDMENT #1
- --------------------------------------------------------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-QSB
(Mark One)
/x/ Quarterly report under Section 13 or 15(d) of the Securities Exchange
Act of 1934
For the quarterly period ended August 31, 1997
/ / Transition report under Section 13 or 15(d) of the Exchange Act
For the transition period from ______________ to ____________
Commission File Number 0-11791
GREENTREE SOFTWARE, INC.
------------------------
(Name of Small Business Issuer as Specified in Its Charter)
NEW YORK 13-2897997
- -------------------------------- -----------------------------------
(State or Other Jurisdiction (I.R.S. Employer Identification No.)
of Incorporation or Organization)
7901 FLYING CLOUD DRIVE
SUITE 150
EDEN PRAIRIE, MN 55344
----------------------------------------
(Address of Principal Executive Offices)
(612) 941-1500
--------------
(Issuer's Telephone Number, Including Area Code)
Check whether the issuer: (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 / /
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date.
Class Outstanding at October 15, 1997
- ---------------------------------------- -------------------------------
COMMON SHARES, PAR VALUE 2,564,803 SHARES
$0.01 PER SHARE
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Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits
EXHIBIT 27 FINANCIAL DATA SCHEDULE FILED HEREWITH.
(b) Reports on Form 8-K
None
12
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SIGNATURES
In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
GREENTREE SOFTWARE, INC.
Date: JANUARY 12, 1998 By:
--------------------------------
Name: Joseph D. Mooney
Title: Chairman of the Board of Directors
and Chief Executive Officer
By:
--------------------------------
Name: Philip D. Wolf
Title: Treasurer and Chief Financial Officer
Signatures on file at the Company.
13
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<PAGE>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAY-31-1998
<PERIOD-START> JUN-01-1997
<PERIOD-END> AUG-31-1997
<CASH> 1,349
<SECURITIES> 0
<RECEIVABLES> 141,470
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 170,454
<PP&E> 45,071
<DEPRECIATION> 0
<TOTAL-ASSETS> 703,748
<CURRENT-LIABILITIES> 785,425
<BONDS> 0
0
0
<COMMON> 25,648
<OTHER-SE> (107,325)
<TOTAL-LIABILITY-AND-EQUITY> 703,748
<SALES> 125,042
<TOTAL-REVENUES> 125,042
<CGS> 127,206
<TOTAL-COSTS> 127,206
<OTHER-EXPENSES> 537,430
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 4,410
<INCOME-PRETAX> (544,004)
<INCOME-TAX> 0
<INCOME-CONTINUING> (544,004)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (544,004)
<EPS-PRIMARY> (.21)
<EPS-DILUTED> (.21)
</TABLE>
