<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended April 5, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from _________________ to _________________
Commission file number 0-16172
COMPUTONE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 23-2472952
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1100 Northmeadow Parkway, Suite 150, Roswell, Georgia 30076
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (770) 475-2725
Securities registered pursuant to Section 12(b) of the Act: None.
Securities registered pursuant to Section 12(g) of the Act:
COMMON STOCK, $.01 PAR VALUE
----------------------------
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 .
----- -----
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]
On July 5, 1996, the aggregate market value (based on the closing sales price on
that date) of the voting stock held by non-affiliates of the Registrant was
$6,946,510.
Indicate the number of shares outstanding of each of the Registrant's classes of
common stock, as of the latest practicable date: 6,357,184 shares of Common
Stock outstanding on July 5, 1996.
DOCUMENTS INCORPORATED BY REFERENCE:
None
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SIGNATURES
----------
Pursuant to the requirements of Section 13 or 15(d) 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.
COMPUTONE CORPORATION
By: /s/ Thomas J. Anderson
------------------------------------
Thomas J. Anderson, President,
Chief Executive Officer & a Director
Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.
Signatures Capacity Date
---------- -------- ----
/s/ Richard A. Hansen Chairman of the Board August 21, 1996
- --------------------------
Richard A. Hansen
/s/ Thomas J. Anderson President, Chief Executive
- -------------------------- Officer and a Director August 21, 1996
Thomas J. Anderson (principal executive officer)
/s/ Gregory A. Alba Vice President, Finance and August 21, 1996
- -------------------------- Administration and
Gregory A. Alba Chief Financial Officer
(principal financial and
accounting officer)
/s/ William C. Lovely Director August 21, 1996
- --------------------------
William C. Lovely
Director August , 1996
- --------------------------
John D. Freitag
31
<PAGE>
SUBSIDIARIES OF REGISTRANT
Subsidiary State of Incorporation
- ---------- ----------------------
Princeton Graphic Systems, Inc. Delaware
56
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<PAGE>
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<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-05-1996
<PERIOD-START> APR-08-1995
<PERIOD-END> APR-05-1996
<CASH> 143
<SECURITIES> 0
<RECEIVABLES> 2,040
<ALLOWANCES> 476
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<DEPRECIATION> 3,140
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<BONDS> 0
0
0
<COMMON> 64
<OTHER-SE> 1,820
<TOTAL-LIABILITY-AND-EQUITY> 5,763
<SALES> 9,665
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<CGS> 6,640
<TOTAL-COSTS> 11,868
<OTHER-EXPENSES> 8
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> (112)
<INCOME-PRETAX> (2,307)
<INCOME-TAX> 0
<INCOME-CONTINUING> (2,307)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,307)
<EPS-PRIMARY> (.36)
<EPS-DILUTED> (.36)
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