Preferred stock: Preferred stock is a little more exotic than common stock in this way:
preferred stockholders generally have no voting rights; however they generally profit more based on the fact that dividend payments are somewhat more structured than common stock.
To be clear though,
preferred stockholders generally don't have a preference over traditional debt or convertible notes (another form of short - term debt), so don't forget to check whether a company has outstanding debt obligations.
Not exact matches
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, redeemable non-controlling interest, redeemable convertible
preferred stock and
stockholder's deficit and cash flows present fairly, in all material respects, the financial position of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2009 in conformity with accounting principles
generally accepted in the United States of America.
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, comprehensive loss, redeemable convertible
preferred stock, convertible
preferred stock and
stockholders» deficit, and cash flows present fairly, in all material respects, the financial position of Twitter, Inc. and its subsidiaries (the «Company») at December 31, 2012 and 2011, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2012 in conformity with accounting principles
generally accepted in the United States of America.