Question-and-Answer Session
Operator
Thank you. (Operator Instructions). Your first question comes from the line Michael Coady with B. Riley. Sir, your line is open.
Michael Coady - B. Riley
Thanks. Thank you. Hey Jeff, hi Mark.
Mark Stubbs
Hey, Michael.
Michael Coady - B. Riley
Mark, I missed what you said about the legacy subscriber number?
Mark Stubbs
$485, 000 at the end of the quarter, Michael.
Michael Coady - B. Riley
Okay. I know that you are more excited about FUZE, of course going forward but, I think there have been some initiatives to try and scroll the churn there, stop the subscriber losses, is there been any success? Can you talk about that subscriber base over the next several quarters?
Mark Stubbs
Yes, we can. We have put some marketing initiatives and so forth, and as you know, we rolled some pricing increases to our legacy backspace. As we look at the base separately, the backspace has remained fairly stable quarter-over-quarter. However, the decline in the legacy internet answering machine has again remained fairly consistent, quarter-over-quarter the decline has come. So we have not seen any, we have not been successful in stopping that migration.
Michael Coady - B. Riley
Okay. The short-term debt on the balance sheet given in the cash position, what was the reason for that?
Mark Stubbs
It's basically an in and out, and it is the intelligent gadget. So that went out, that went off the balance sheet the day after the quarter closed.
Michael Coady - B. Riley
Got you, okay. Will WebMessenger and FUZE be sold separately? I assume they are going to be bundled and sold separately?
Jeff Cavins
Yes, of course at Web 2.0 we will introduce FUZE which has a lot of WebMessenger technology embedded in FUZE but WebMessenger will be relaunched as an independent product line as well. So we will have two parallel products, FUZE and WebMessenger, and FUZE will be an example of integrated collaboration using WebMessenger technology.
Michael Coady - B. Riley
Okay. Could you talk about success in the early access or early adaptor program for FUZE?
Jeff Cavins
Yes, as you know I think, we mentioned on our last call we had announced an early access program for FUZE designed for a select group of companies to commit to FUZE and start using it, and then to serve as reference accounts for us. So while we have not, and we are not on this call discussing or disclosing the early access program candidates and participants, our goal is at launch to come out and describe and disclose who they are. We have not, I am sorry, go ahead Mike.
- To read the full transcript on Seeking Alpha, click here »
