Monthly Operating Report for Calico Commerce, Inc. (July 2003) – Chapter 11 Bankruptcy Case No. 01-56101-MSJ

Summary

This report is submitted by Calico Commerce, Inc., as debtor in possession under Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Northern District of California. It provides a summary of the company's financial status for July 2003, including assets, liabilities, cash flow, and profit/loss. The report confirms compliance with court requirements, such as payment of taxes and fees, and discloses any payments to professionals or insiders. The responsible individual certifies the accuracy of the information provided.

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EX-2.3 5 f92707exv2w3.txt EXHIBIT 2.3 EXHIBIT 2.3 UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA In re: Calico Commerce, Inc. CASE NO. 01-56101-MSJ CHAPTER 11 MONTHLY OPERATING REPORT (GENERAL BUSINESS CASE) SUMMARY OF FINANCIAL STATUS MONTH ENDED: 7/31/03 PETITION DATE: 12/14/01 1. Debtor in possession (or trustee) hereby submits this Monthly Operating Report on the Accrual Basis of accounting (or if checked here the Office of the U.S. Trustee or the Court has approved the Cash Basis of Accounting for the Debtor). Dollars reported in $1
END OF CURRENT END OF PRIOR AS OF PETITION 2. ASSET AND LIABILITY STRUCTURE MONTH MONTH FILING -------------- ------------ -------------- a. Current Assets $27,867,686 $27,334,775 ----------- ----------- b. Total Assets $28,147,091 $27,614,180 $30,613,285 ----------- ----------- ----------- c. Current Liabilities $ 1,346,078 $ 1,165,157 ----------- ----------- d. Total Liabilities $ 4,918,172 $ 4,737,251 $ 4,959,705 ----------- ----------- -----------
CUMULATIVE 3. STATEMENT OF CASH RECEIPTS & DISBURSEMENTS FOR MONTH CURRENT MONTH CURRENT MONTH (CASE TO DATE) ------------- ------------- -------------- a. Total Receipts $ 670,562 $ 184,914 $10,087,888 ----------- ----------- ----------- b. Total Disbursements $ 134,733 $ 10,316 $ 4,848,340 ----------- ----------- ----------- c. Excess (Deficiency) of Receipts Over Disbursements (a - b) $ 535,828 $ 174,598 $ 5,239,548 ----------- ----------- ----------- d. Cash Balance Beginning of Month $26,726,808 $26,552,210 $22,023,089 ----------- ----------- ----------- e. Cash Balance End of Month (c + d) $27,262,637 $26,726,808 $27,262,637 ----------- ----------- -----------
CUMULATIVE CURRENT MONTH CURRENT MONTH (CASE TO DATE) ------------- ------------- -------------- 4. PROFIT/(LOSS) FROM THE STATEMENT OF OPERATIONS ($286,790) $ 111,681 ($1,300,462) ----------- ----------- ----------- 5. ACCOUNT RECEIVABLES (PRE AND POST PETITION) $ 0 $ 0 ----------- ----------- 6. POST-PETITION LIABILITIES $ 1,346,078 $ 1,165,157 ----------- ----------- 7. PAST DUE POST-PETITION ACCOUNT PAYABLES (OVER 30 DAYS) $ 952,849 $ 943,834 ----------- -----------
AT THE END OF THIS REPORTING MONTH: YES NO ----------- ----------- 8. Have any payments been made on pre-petition debt, other than payments in the normal X course to secured creditors or lessors? (if yes, attach listing including date of ----------- ----------- payment, amount of payment and name of payee) SEE DETAIL SCHEDULE 9. Have any payments been made to professionals? (if yes, attach listing including date of X payment, amount of payment and name of payee) ----------- ----------- 10. If the answer is yes to 8 or 9, were all such payments approved by the court? X ----------- ----------- 11. Have any payments been made to officers, insiders, shareholders, relatives? (if yes, X attach listing including date of payment, amount and reason for payment, and name of payee) ----------- ----------- 12. Is the estate insured for replacement cost of assets and for general liability? X ----------- ----------- 13. Are a plan and disclosure statement on file? X ----------- ----------- 14. Was there any post-petition borrowing during this reporting period? X ----------- -----------
15. Check if paid: Post-petition taxes____; U.S. Trustee Quarterly Fees X; Check if filing is current for: Post-petition tax reporting and tax returns: X. (Attach explanation, if post-petition taxes or U.S. Trustee Quarterly Fees are not paid current or if post-petition tax reporting and tax return filings are not current.) I declare under penalty of perjury I have reviewed the above summary and attached financial statements, and after making reasonable inquiry believe these documents are correct. Date: 8/22/2003 /s/ H. Michael Hogan III ------------------------------ Responsible Individual Revised 1/1/98