Amended Current Report Filing (8-k/a)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

FORM 8-K/A

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

February 6, 2015

Date of Report (Date of earliest event reported)

GlobalSCAPE, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-33601	74-2785449
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

4500 Lockhill Selma Road, Suite 150

San Antonio, Texas 78249

(210) 308-8267

(Address of principal executive offices and Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02

Results of Operations and Financial Condition

On February 5, 2015, GlobalSCAPE, Inc. issued a press release announcing financial results for the Company’s fourth quarter of fiscal year 2014 and for fiscal year 2014. Subsequent to issuing the press release, the Company corrected certain of the information in the financial statements included as part of the press release. These corrections related to the classification of certain expenses on the Consolidated Statement of Operations and Comprehensive Income. These corrections did not affect the Company’s total revenues, total operating expenses, income before income taxes, net income or earnings per share as announced on February 5, 2015.

The Company has included with this amended Report the corrected versions of the Consolidated Statement of Operations and Comprehensive Income with the corrections indicated as Exhibit 99.1. The information included in this amended Report, including the Exhibit attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01

Financial Statements and Exhibits

(d) Exhibit

99.1 Consolidated Statements of Operations and Comprehensive Income for the Years Ended December 31, 2014 and 2013

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 hereunto duly authorized.

	GLOBALSCAPE, INC.

	By:	/s/ James W. Albrecht, Jr.
		James W. Albrecht, Jr., Chief Financial Officer
		Dated: February 6, 2015

EXHIBIT INDEX

Exhibit Number	Document Description
99.1	99.1 Consolidated Statements of Operations and Comprehensive Income for the Years Ended December 31, 2014 and 2013

Exhibit 99.1

GlobalSCAPE, Inc.

Consolidated Statements of Operations and Comprehensive Income

(in thousands, except per share amounts)

	For the Year Ended December 31,
	2014
	As Previously					As
	Reported			Reclassification		Corrected			2013
Operating Revenues:
Software licenses	$	9,168				$	9,168		$	8,086
Maintenance and support		15,033					15,033			13,650
Professional services		1,445					1,445			1,479
Other		1,124					1,124			1,124
Total revenues		26,770					26,770			24,339
Operating Expenses:
Cost of revenues		1,018					1,018			1,011
Selling, general and administrative		15,224		2,853			18,077			14,881
Research and development		5,030		(2,853	)		2,177			3,766
TappIn intangible asset impairment and earnout liability elimination		-					-			(128	)
Depreciation and amortization		883					883			908
Total operating expenses		22,155					22,155			20,438

Income (loss) from operations		4,615					4,615			3,901

Other income (expense):
Interest expense		(105	)				(105	)		(227	)
Interest income		63					63			62
Total other income (expense)		(42	)				(42	)		(165	)
Income (loss) before income taxes		4,573					4,573			3,736
Provision for income taxes		1,547					1,547			(104	)
Net income (loss)	$	3,026				$	3,026		$	3,840
Comprehensive income (loss)	$	3,026				$	3,026		$	3,840

Net income (loss) per common share - basic	$	0.15				$	0.15		$	0.21

Net income (loss) per common share - diluted	$	0.15				$	0.15		$	0.20

Weighted average shares outstanding:
Basic		20,163					20,163			18,626

Diluted		20,693					20,693			19,082