IKAN » Topics » Results of Operations

This excerpt taken from the IKAN 10-Q filed May 17, 2006.

Results of Operations

 

The following table sets forth our financial results, as a percentage of net revenue, for the three months ended March 31, 2006 and 2005:

 

 

 

Three months Ended
March 31

 

 

 

2006

 

2005

 

 

 

 

 

 

 

Net revenue

 

100

%

100

%

Costs and expenses:

 

 

 

 

 

 Cost of revenue

 

51.8

 

50.9

 

 Research and development

 

38.2

 

53.5

 

 Selling, general and administrative

 

15.5

 

27.9

 

 Common stock offering expenses

 

2.7

 

 

Operating loss

 

(8.2

)

(32.3

)

 Interest and other income, net

 

2.7

 

0.8

 

 Cumulative effect of change in accounting principle, net

 

1.8

 

 

Net loss

 

(4.0

)

(31.5

)

 

This excerpt taken from the IKAN 10-K filed Feb 27, 2006.

Results of Operations

        The following table sets forth our financial results, as a percentage of net revenue, for the years ended December 31, 2003, 2004 and 2005:

 
  Year Ended
December 31,

 
 
  2003
  2004
  2005
 
Net revenue   100 % 100 % 100 %
Cost of revenue   98.7   60.3   46.2  
Research and development expenses   73.7   32.6   33.4  
Selling, general and administrative expenses   30.4   19.9   18.3  
Income (loss) from operations   (102.9 ) (12.9 ) 2.1  
Interest income, net   0.1   0.2   1.4  
Provision for income taxes   0.0   0.0   (0.3 )
Net income (loss)   (102.8 ) (12.7 ) 3.2  

EXCERPTS ON THIS PAGE:

10-Q
May 17, 2006
10-K
Feb 27, 2006
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