<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION

                                Washington, DC

                                FORM 10-QSB/A


              X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
             ---     
                  OF THE SECURITIES AND EXCHANGE ACT OF 1934


               For the quarterly period ended September 30, 1996
                                --------------
                                      or

      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
                             EXCHANGE ACT OF 1934


       For the transition period from _____________ to ________________


                        Commission file number 0-28728

                         NETLIVE COMMUNICATIONS, INC.
------------------------------------------------------------------------------
            (exact name of registrant as specified in its charter)


             Delaware                                13-3848652
         ----------------                     --------------------------
     (State or other jurisdiction                (IRS Employer ID No.)
    of incorporation of organization)


                       584 Broadway, New York, NY 10012
              --------------------------------------------------
                   (Address of principal executive offices)

                                (212) 343-7082
                              -------------------
             (Registrant's telephone number, including area code)


     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes _X_ No __

     Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date.

            Class                            Outstanding at February 20, 1997
           -------                          ----------------------------------
  Common Stock, $0.0001 par value                       2,650,000







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                         NETLIVE COMMUNICATIONS, INC.
                         (a development stage company)

                                     INDEX





                                                                   Page Number
                                                                   -----------

PART I:   FINANCIAL INFORMATION                                       3

PART II:  OTHER INFORMATION                                           3

          Signatures                                                  3











                                   2


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PART I: FINANCIAL INFORMATION


ITEMS 1 AND 2 - RESPONSES TO THESE ITEMS HAVE BEEN
PREVIOUSLY PROVIDED AND THEREFORE HAVE BEEN OMITTED
HEREIN


PART II.      OTHER INFORMATION


ITEMS 1, 2, 3, 4, 5 AND 6 - RESPONSES TO THESE ITEMS HAVE
BEEN PREVIOUSLY PROVIDED AND THEREFORE HAVE BEEN
OMITTED HEREIN


                                  SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                         NETLIVE COMMUNICATIONS, INC.


Date:  February 20, 1996               By:/s/  LAURENCE M. ROSEN
------------------------             ----------------------------------------
                                               Laurence M. Rosen
                                               Chief Executive Officer,
                                               President and Treasurer
                                               (Principal Financial Officer)






                                   3

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                         NETLIVE COMMUNICATIONS, INC.
                         (a development stage company)




                           INDEX TO EXHIBITS

EXHIBIT                                                       Page Number
-------------                                                 -----------

EX-27 - ARTICLE 5 FINANCIAL DATA SCHEDULE                         5












                                   4