WBMD » Topics » Consolidated Statements of Operations

This excerpt taken from the WBMD 8-K filed Nov 21, 2006.
Consolidated Statements of Operations
 
                 
    Six Months Ended
    Year Ended
 
    June 30, 2006     December 31, 2005  
    (Unaudited)        
 
Net revenue
  $ 10,032,889     $ 13,373,276  
Cost of revenue
    4,568,411       5,815,618  
                 
Gross margin
    5,464,478       7,557,658  
                 
Operating expenses:
               
General and administrative
    3,154,694       3,649,839  
Sales and marketing
    2,496,315       4,139,721  
Product and technology development
    1,082,108       1,026,595  
Depreciation and amortization
    764,069       973,322  
Impairment of investment in unconsolidated subsidiary
    3,307,634        
                 
Total operating expenses
    10,804,820       9,789,477  
                 
Loss from operations
    (5,340,342 )     (2,231,819 )
Interest income, net
    304,133       328,210  
                 
Net loss
  $ (5,036,209 )   $ (1,903,609 )
                 
 
See accompanying notes to consolidated financial statements.


F-4


 

Medsite, Inc. and Subsidiary
 

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