RADIUS INC
10-Q/A, 1996-04-24
COMPUTER PERIPHERAL EQUIPMENT, NEC
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<PAGE>   1
================================================================================
                       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 DECEMBER 30, 1995.

                                      OR

[ ]      TRANSITION REPORT PURSUANT TO SECTION 13(d) OR 15(d) OF THE SECURITIES 
         EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____ TO ____ .

                         COMMISSION FILE NUMBER: 0-18690

                                   RADIUS INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                CALIFORNIA                                     68-0101300
(STATE OR OTHER JURISDICTION OF INCORPORATION               (I.R.S. EMPLOYER   
              OR ORGANIZATION)                            IDENTIFICATION NUMBER)

                             215 MOFFETT PARK DRIVE
                               SUNNYVALE, CA 94089
              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)

                                 (408) 541-6100
              (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)

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 OF 1934 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
     ---         ---

THE NUMBER OF SHARES OUTSTANDING OF THE REGISTRANT'S COMMON STOCK ON FEBRUARY
10, 1996 WAS 17,401,611.


================================================================================

This report consists of 5 sequentially numbered pages. The exhibit index on this
report is located on sequentially numbered page 4.


<PAGE>   2
                                  RADIUS INC.

                                      INDEX


<TABLE>
<CAPTION>
PART II.  OTHER INFORMATION                                         PAGE
- ---------------------------                                         ----

<S>                                                                   <C>
Item 6.   Exhibits and Reports on Form 8-K                            3


SIGNATURES                                                            3
- ----------
</TABLE>



                                     - 2 -
<PAGE>   3
     The undersigned Registrant hereby amends the following items, exhibits and
other portions of its Quarterly Report on Form 10-Q, filed February 13, 1996,
for the quarterly period ended December 30, 1995, as set forth in the pages
attached hereto.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)      Exhibits

See attached exhibit index.

(b)      Reports on Form 8-K

No report on Form 8-K was filed during the three months ended December 31, 1995.

                                   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.

Dated:  April 23, 1996            RADIUS INC.

                                             By: /s/ Charles Berger
                                                 ------------------------------
                                                 Charles Berger
                                                 Chief Executive Officer and
                                                 Acting Chief Financial Officer



                                     - 3 -


<PAGE>   4
                                  EXHIBIT INDEX

<TABLE>
<CAPTION>
Exhibit                                                                                  Sequentially
Number                              Title                                                Numbered Page
- ------                              -----                                              ------------------

<S>         <C>                                                                             <C>                    
2.09        Merger Agreement Dated as of December 21, 1995 among Radius Inc.,
            Splash Technology, Inc., Summit Subordinated Debt Fund, L.P.,
            Summit Ventures IV, L.P., Summit Investors II, L.P., Splash
            Technology Holdings, Inc., and Splash Merger Company, Inc.*

2.10        Amendment No. 1 to Merger Agreement among Radius Inc., Splash
            Technology, Inc., Splash Technology Holdings, Inc., Splash Merger
            Company, Inc. et al., dated January 30, 1996.*

10.03   B   Form of Stock Option Grant as currently in effect under Registrant's
            1995 Stock Option Plan.*

10.04       Employee Stock Purchase Plan, as amended on July 20, 1995.*

11.01       Computation of per share earnings*

27          Financial Data Schedule                                                         5
</TABLE>




- -----------------

* Previously filed



                                     - 4 -




<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1995
<PERIOD-END>                               DEC-30-1995
<CASH>                                            6990
<SECURITIES>                                         0
<RECEIVABLES>                                    33730
<ALLOWANCES>                                      8422
<INVENTORY>                                      12564
<CURRENT-ASSETS>                                 12091
<PP&E>                                           37066
<DEPRECIATION>                                   34494
<TOTAL-ASSETS>                                   60554
<CURRENT-LIABILITIES>                           126645
<BONDS>                                            831
                                0
                                          0
<COMMON>                                        125854
<OTHER-SE>                                    (192776)
<TOTAL-LIABILITY-AND-EQUITY>                     60554
<SALES>                                          32652
<TOTAL-REVENUES>                                 32652
<CGS>                                            28607
<TOTAL-COSTS>                                    28607
<OTHER-EXPENSES>                                 13591
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                (46)
<INCOME-PRETAX>                                 (9592)
<INCOME-TAX>                                       191
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    (9783)
<EPS-PRIMARY>                                   (0.57)
<EPS-DILUTED>                                   (0.57)
        

</TABLE>


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