EX-99.1 2 f10699exv99w1.txt EXHIBIT 99.1 EXHIBIT 99.1 UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA In re: SONICblue Inc CASE NO. 03-51775 msj, 03-51776 Diamond Multimedia Systems, Inc msj, 03-51777 msj, 03-51778 msj ReplayTV, Inc Sensory Science Corporation CHAPTER 11 MONTHLY OPERATING REPORT (GENERAL BUSINESS CASE) SUMMARY OF FINANCIAL STATUS MONTH ENDED: May-05 PETITION DATE: 03/21/03 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

15. Check if paid: Post-petition taxes [X]; U.S. Trustee Quarterly Fees [X]; Check if filing is current for: Post-petition tax reporting and tax returns: 2002 tax return preparation is in progress (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: _____________ ___________________________ Responsible Individual BALANCE SHEET (GENERAL BUSINESS CASE) FOR THE MONTH ENDED 05/31/05

NOTE: Indicate the method used to estimate the market value of assets (e.g., appraisals; familiarity with comparable market prices, etc.) and the date the value was determined. LIABILITIES AND EQUITY (GENERAL BUSINESS CASE) LIABILITIES FROM SCHEDULES POST-PETITION CURRENT LIABILITIES 30 Salaries and wages ------------- 31 Payroll taxes ------------- 32 Real and personal property taxes ------------- 33 Income taxes ------------- 34 Sales taxes ------------- 35 Notes payable (short term) ------------- 36 Accounts payable (trade) A $ 0 ------------- 37 Real property lease arrearage ------------- 38 Personal property lease arrearage ------------- 39 Accrued professional fees $ 1,045,888 ------------- 40 Current portion of long-term post-petition debt (due within 12 months) ------------- 41 Other: ---------------------------------------------- ------------- 42 ------------------------------------------------------ ------------- 43 ------------------------------------------------------ ------------- 44 TOTAL CURRENT LIABILITIES $ 1,045,888 ------------- 45 LONG-TERM POST-PETITION DEBT, NET OF CURRENT PORTION ------------- 46 TOTAL POST-PETITION LIABILITIES $ 1,045,888 ------------- PRE-PETITION LIABILITIES (ALLOWED AMOUNT) 47 Secured claims F $ 0 ------------- 48 Priority unsecured claims F $ 0 ------------- 49 General unsecured claims F $ 0 ------------- 50 TOTAL PRE-PETITION LIABILITIES $ 236,904,166 ------------- 51 TOTAL LIABILITIES $ 237,950,054 ------------- EQUITY (DEFICIT) 52 Retained Earnings/(Deficit) at time of filing ($644,469,546) ------------- 53 Capital Stock $ 419,094,388 ------------- 54 Additional paid-in capital $ 156,761,274 ------------- 55 Cumulative profit/(loss) since filing of case ($ 90,120,637) ------------- 56 Post-petition contributions/(distributions) or (draws) ------------- 57 ------------------------------------------------------ ------------- 58 Market value adjustment ------------- 59 TOTAL EQUITY (DEFICIT) ($ 158,734,521) ------------- 60 TOTAL LIABILITIES AND EQUITY (DEFICIT) $ 79,215,533 =============

SCHEDULES TO THE BALANCE SHEET (GENERAL BUSINESS CASE) SCHEDULE A ACCOUNTS RECEIVABLE AND (NET) PAYABLE

SCHEDULE B INVENTORY/COST OF GOODS SOLD

SCHEDULE C REAL PROPERTY

SCHEDULE D OTHER DEPRECIABLE ASSETS

STATEMENT OF OPERATIONS (GENERAL BUSINESS CASE) For the Month Ended 05/31/05

Attach an Explanation of Variance to Statement of Operations (For variances greater than +/- 10% only): SCHEDULE E AGING OF POST-PETITION TAXES (AS OF END OF THE CURRENT REPORTING PERIOD)

SCHEDULE F PRE-PETITION LIABILITIES

(a) List total amount of claims even it under secured. (b) Estimated amount of claim to be allowed after compromise or litigation. As an example, you are a defendant in a lawsuit alleging damage of $10,000,000 and a proof of claim is filed in that amount. You believe that you can settle the case for a claim of $3,000,000. For Schedule F reporting purposes you should list $10,000,000 as the Claimed Amount and $3,000,000 as the Allowed Amount. SCHEDULE G RENTAL INCOME INFORMATION NOT APPLICABLE TO GENERAL BUSINESS CASES SCHEDULE H RECAPITULATION OF FUNDS HELD AT END OF MONTH

Attach copies of the month end bank statement(s), reconciliation(s), and the check register(s) to the Monthly Operating Report. STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS FOR THE MONTH ENDED _______________

STATEMENT OF CASH FLOWS (OPTIONAL) INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS FOR THE MONTH ENDED 05/31/05

Exhibit 1 SONICblue, Inc Professional Payments

Exhibit 2 SONICblue, Inc Payments to Officers

SONICBLUE INC 8-K