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Income Statement (USD) Annual | Quarterly | |||||||
|---|---|---|---|---|---|---|---|
| QUARTER ENDING |
|
30-NOV 2007 |
29-FEB 2008 |
31-MAY 2008 |
31-AUG 2008 |
30-NOV 2008 |
|
| Total Revenue | 35K | 40K | 217K | 290K | 454K | ||
| Cost of Revenue | 14K | 29K | -355K | 672K | 475K | ||
| Gross Profit | 22K | 12K | 572K | -382K | -22K | ||
| Research & Development | 19K | 19K | -31K | 0 | 0 | ||
| SG&A | 754K | 527K | 362K | 325K | 573K | ||
| Amortization & Deprec | 9K | 3K | 511K | 754 | 754 | ||
| Other Expenses | 0 | 100K | -2.88M | 0 | 200K | ||
| Total Operating Expenses | 782K | 649K | -2.04M | 326K | 773K | ||
| Operating Income | -760K | -637K | 2.61M | -707K | -795K | ||
| Other Income | 80K | 0 | -80K | 0 | 0 | ||
| EBIT | -681K | -637K | 2.53M | -707K | -795K | ||
| Minority Interest | -6K | -6K | -6K | -7K | 0 | ||
| Interest Expense | 179K | 110K | 404K | 125K | 45K | ||
| Income Before Taxes | -854K | -741K | 2.13M | -826K | -840K | ||
| Income Taxes | 0 | 0 | 2K | 0 | 0 | ||
| Net Income from Continuing Ops | -854K | -741K | 2.13M | -826K | -840K | ||
| Income - Discontinued Ops | 701K | -12K | 936K | 0 | 0 | ||
| Extraordinary Items | 0 | 0 | 9.82M | 0 | 0 | ||
| Effect of Accounting Changes | 0 | 0 | 0 | 0 | 0 | ||
| Other Items | 0 | 0 | 0 | 0 | 0 | ||
| Net Income | -153K | -754K | 12.9M | -826K | -840K | ||
| Preferred Dividends | 50K | 50K | 95K | 0 | 50K | ||
| Net Income to Common | -203K | -804K | 10.8M | -826K | -890K | ||
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