Income Statements | Balance Sheets | Statements of Cash Flow | Financial Ratios
 |
 |
 |
| |
Period Ending: |
6/30/2007 |
6/30/2006 |
12/31/2004 |
12/31/2003 |
|
| |
Total Revenue |
$697,620 |
$192,990 |
$2,688 |
$2,194 |
|
| |
Cost of Revenue |
$573,155 |
$169,096 |
$13,047 |
$9,829 |
|
 |
|
|
| |
Gross Profit |
$124,465 |
$23,894 |
($10,359) |
($7,635) |
|
| |
Operating Expenses |
|
|
|
|
|
| |
Research and Development |
$6,225 |
$4,416 |
$8,671 |
$7,367 |
|
| |
Sales, General and Admin. |
$52,260 |
$26,443 |
$3,671 |
$4,890 |
|
| |
Non-Recurring Items |
$0 |
$0 |
$10,233 |
$0 |
|
|
|
|
| |
Operating Income |
$65,980 |
($6,965) |
($32,934) |
($19,892) |
|
| |
Add'l income/expense items |
($21) |
$0 |
$37 |
$57 |
|
| |
Earnings Before Interest and Tax |
$65,959 |
($6,965) |
($32,897) |
($19,835) |
|
| |
Interest Expense |
$18,352 |
$11,914 |
$0 |
$0 |
|
| |
Earnings Before Tax |
$47,607 |
($18,879) |
($32,897) |
($19,835) |
|
| |
Income Tax |
$17,815 |
$0 |
$0 |
($1,091) |
|
| |
Net Income-Cont. Operations |
$29,792 |
($18,879) |
($32,897) |
($18,744) |
|
|
|
|
| |
Net Income |
$29,792 |
($18,879) |
($32,897) |
($18,744) |
|
|
|
|
| |
Net Income Applicable to
Common Shareholders |
$29,792 |
($18,879) |
($32,897) |
($18,744) |
|
|
