Period Ending | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 |
---|
Total Revenue
|
13,967,000
|
10,984,000
|
9,000,000
| Cost of Revenue | 2,675,000 | 2,261,000 | 2,140,000 | |
Gross Profit
|
11,292,000
|
8,723,000
|
6,860,000
| |
|
Operating Expenses |
|
Research Development |
-
|
-
|
-
|
|
Selling General and Administrative | 6,482,000 | 2,050,000 | 1,729,000 |
|
Non Recurring | 2,850,000 | 1,190,000 | 1,222,000 |
|
Others | 3,830,000 | 3,714,000 | 3,532,000 |
|
|
|
Total Operating Expenses |
-
|
-
|
-
| | |
Operating Income or Loss
|
(1,870,000)
|
1,769,000
|
377,000
| |
|
Income from Continuing Operations |
|
Total Other Income/Expenses Net | (715,000) | 727,000 | 217,000 |
|
Earnings Before Interest And Taxes | (2,585,000) | 2,496,000 | 594,000 |
|
Interest Expense | 839,000 | 855,000 | 702,000 |
|
Income Before Tax | (3,424,000) | 1,641,000 | (108,000) |
|
Income Tax Expense | (856,000) | 820,000 | (5,000) |
|
Minority Interest | (81,000) | (60,000) | (32,000) |
|
|
|
Net Income From Continuing Ops | (2,649,000) | 761,000 | (135,000) | |
|
Non-recurring Events |
|
Discontinued Operations |
-
|
-
|
-
|
|
Extraordinary Items |
-
|
-
|
-
|
|
Effect Of Accounting Changes |
-
|
-
|
-
|
|
Other Items |
-
|
-
|
-
| | |
Net Income
|
(2,649,000)
|
761,000
|
(135,000)
| Preferred Stock And Other Adjustments |
-
|
-
|
-
| |
Net Income Applicable To Common Shares
|
(2,649,000)
|
761,000
|
(135,000)
|
|