Vonage lost a request to review the VZ patents. So VZ will need to pay VZ $117.5M plus $2.5M to charity (huh?). According to a Slashdot post, Vonage cut staff by 10% and may miss a loan payment in December 2008 (according to Bloomberg). Paying Sprint, ATT, and VZ for patent lawsuits plus court costs and attorneys fees has cut into the cash from the IPO earlier this year.
Speaking of the IPO, Vonage still faces a lawsuit from shareholders -- who could be considers the charity Vonage has to pay. No?
Ike Elliott summarizes the 10+ patent questions people have Here.