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Our product portfolio consists of multimedia learning platforms and related content and learning toys. (“LeapFrog,” “we,” “us” or “our”), founded in 1995 and incorporated in 1997 in the State of Delaware, is a leading developer of educational entertainment for children. Unless otherwise noted, all financial information is presented in thousands except for per share data and percentages. This Annual Report on Form 10-K also presents future financial obligations for the fiscal years ending March 31, 2016 through the fiscal year ending March 31, 2025. For purposes of comparison, we have included the unaudited financial results for the year ended Ma(which reflects the combined results for the nine months from Apthrough Decemand the three-month transition period from Januthrough March 31, 2014). LEAPFROG CONNECT LEAPBAND BATTERY STATUS ICONS FULLIn connection with this change, this Annual Report on Form 10-K presents information regarding LeapFrog’s performance during the fiscal year ended Ma(our first full fiscal year since the change, which we also refer to as “fiscal 2015”), the three-month transition period ended March 31, 2014, and the years ended Decemand 2012. ![]() On May 13, 2014, our board of directors approved a change in our fiscal year end from December 31 to March 31. LEAPFROG CONNECT LEAPBAND BATTERY STATUS ICONS UPDATELeapFrog assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law. Factors that might cause such differences include, but are not limited to, those discussed in the subsection entitled “Risk Factors” under Part I, Item 1A of this Annual Report on Form 10-K. Forward-looking statements are not guarantees of future performance and actual results may differ significantly from the results discussed in the forward-looking statements. Forward-looking statements can also be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” and similar terms. ![]() Many of the forward-looking statements are located in “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. This Annual Report on Form 10-K contains forward-looking statements that involve risks and uncertainties. SPECIAL NOTE ON FORWARD-LOOKING STATEMENTS The registrant has incorporated by reference in Part III of this Annual Report on Form 10-K portions of its definitive proxy statement for the 2015 annual meeting of stockholders, to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year ended March 31, 2015. The number of shares of Class A common stock and Class B common stock, outstanding as of May 29, 2015, was 66,271,180 and 4,394,354 respectively. This determination of affiliate status is not a conclusive determination for other purposes. Shares of common stock held by each executive officer and director of the registrant and by each person who is known by the registrant to own 5% or more of the outstanding voting power of the registrant’s common stock have been excluded from this computation in that such persons may be deemed to be affiliates of the registrant. The aggregate market value of the common stock held by non-affiliates of the registrant as of September 30, 2014, calculated using the closing sale price as of that day, was approximately $270.1 million. ![]()
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