Results of Operations
Three months ended June 30, 2007 compared to the three months ended June 30, 2006
For the first quarter of fiscal 2008, we reported total revenues of $1,304,634 an increase from total revenues of $21,105 for the first quarter of fiscal 2007. Product revenues were $1,189,630 from selling eVU players and related equipment for use by airline customers. In the prior year's first quarter we were transitioning from an older product to our new eVU product that was introduced in the third quarter of fiscal 2007