Nextwave wireless files fiscal year 2010 financial results

San diego--(business wire)--nextwave wireless inc. (otcqb: wave) today announced that it has filed its annual report on form 10-k with the securities and exchange commission for the fiscal year 2010, which ended january 1, 2011. the form 10-k is available on the website maintained by the securities and exchange commission at www.sec.gov and on the nextwave website at www.nextwave.com under the heading - financial information - sec filings. the financial information accompanying this press release should be reviewed together with the notes to condensed consolidated financial statements, management’s discussion and analysis of financial condition and results of operations and risk factors contained in the form 10-k. about nextwave wireless nextwave wireless inc. is a wireless technology company that manages and maintains worldwide wireless spectrum licenses. additional information this press release contains forward-looking statements for purposes of the private securities litigation reform act of 1995 that involve risks and uncertainties. there can be no assurances that forward-looking statements will be achieved. actual events or results could differ materially from the events or results predicted by such statements. important factors that could cause actual events or results to differ materially are discussed in greater detail in the filings of nextwave with the securities and exchange commission. all such documents are available through the sec's website at www.sec.gov. nextwave makes no commitment to update any forward-looking statements in order to reflect subsequent changes in events or circumstances except as may be required pursuant to applicable law. nextwave wireless inc. consolidated balance sheets (in thousands, except par value data) cash and cash equivalents $ 42,528 $ 15,056 the accompanying notes are an integral part of these consolidated financial statements. nextwave wireless inc. consolidated statements of operations and other comprehensive loss (in thousands, except per share data) january 1,2011 january 2,2010 the accompanying notes are an integral part of these consolidated financial statements. nextwave wireless inc. consolidated statements of cash flows (in thousands) january 1,2011 january 2,2010 $ (120,398 ) 35,008 the accompanying notes are an integral part of these consolidated financial statements.
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