Fourth-quarter 2001 revenues were $10.8 million, compared with $10.0 million for the third quarter of 2001 and with $11.3 million for the fourth quarter of 2000. Pro forma net loss for the fourth quarter of 2001 was $987,000, or a diluted net loss per share of 4 cents, excluding $535,000 of amortization expense for deferred stock compensation. Pro forma net loss for the third quarter of 2001 was $2.7 million, or a diluted net loss per share of 11 cents, excluding $572,000 of amortization expense for deferred stock compensation.
Including the non-cash charge, net loss for the fourth quarter of 2001 was $1.5 million, or a diluted net loss per share of 6 cents. This compared sequentially with a net loss of $3.3 million, or a loss of 14 cents per diluted share, and year-over-year with a net loss of $2.3 million, or a net loss of 10 cents per diluted share. At December 31, 2001, the company’s total cash and investments were $60.6 million, compared with $61.4 million at September 30, 2001.
We narrowed Marimba’s pro forma net loss to less than a $1 million on solid license revenue growth and achieved additional operational efficiencies during the fourth quarter, said Rich Wyckoff, the company’s president and chief executive officer.License revenues were up 13 percent from the prior quarter, led by a resurgence of Marimba’s business in the eastern U.S., as well as improved results by our European operations.We’ve ended the year on a positive note and believe the progress made during 2001 positions Marimba well for a successful 2002.
Full-year 2001 revenues were $44.0 million, comparable with revenues for full-year 2000 of $44.0 million. Pro forma net loss for 2001 was $10.3 million, or a diluted net loss per share of 43 cents, excluding $2.2 million of amortization expense for deferred stock compensation and a second-quarter restructuring charge of $789,000. Pro forma net loss for 2000 was $8.0 million or a diluted net loss per share of 34 cents, excluding $1.7 million of amortization expense for deferred stock compensation. Including these charges, net loss for 2001 was $13.3 million, or 56 cents per diluted share. This compared with a net loss of $9.7 million, or 42 cents per diluted share, for 2000.