Facebook on Monday filed an amendment to its S-1 documents originally submitted to the U.S. Securities and Exchange Commission on February 1.
With its IPO date reportedly set for May 17, the social networking giant has published new stats that reflect growth and revenue over the last fiscal quarter, which ended on March 31. In addition, Facebook recently announced plans to acquire photo-sharing app Instagram and to purchase a large number of AOL patents from Microsoft.
Here are some key stats from the amendment:
(As pointed out by TechCrunch, the total value of Facebook's Instagram deal -- cash and shares included -- totals $1,010,470,000.)
The company also added some new risk factors to its S-1, including one outlining the inherent risks of Facebook's ongoing patent battle with Yahoo.
From the filing:
[O]n March 12, 2012, Yahoo filed a lawsuit against us in the U.S. District Court for the Northern District of California that alleges that a number of our products infringe the claims of ten of Yahoo’s patents that Yahoo claims relate to “advertising,” “social networking,” “privacy,” “customization,” and “messaging.” Yahoo is seeking unspecified damages, a damage multiplier for alleged willful infringement, and an injunction. We intend to vigorously defend this lawsuit, and on April 3, 2012, we filed our answer with respect to this complaint and asserted counterclaims that Yahoo’s products infringe ten of our patents. This litigation is still in its early stages and the final outcome, including our liability, if any, with respect to Yahoo’s claims, is uncertain. If an unfavorable outcome were to occur in this litigation, the impact could be material to our business, financial condition, or results of operations.
Facebook expects to raise $5 billion in its IPO, which may value the company at close to $100 billion. The company will trade on the NASDAQ under the ticker symbol "FB."
The company now employs 3,539 people full time, according to its S-1 amendment.
Check out the slideshow (below) to see how tweeters reacted to the new data.