| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Total Revenue | 1,051,000 | 1,240,000 | 1,330,000 | | Cost of Revenue | 206,000 | 254,000 | 161,000 | | | Gross Profit | 845,000 | 986,000 | 1,169,000 | | | Operating Expenses | | Research Development |
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|
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|
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| | Selling General and Administrative | 95,000 | 99,000 | 73,000 | | Non Recurring |
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|
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|
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| | Others |
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|
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|
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| | | | Total Operating Expenses |
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|
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|
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| | | | Operating Income or Loss | 750,000 | 887,000 | 1,096,000 | | | Income from Continuing Operations | | Total Other Income/Expenses Net | (3,608,000) |
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|
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| | Earnings Before Interest And Taxes | 750,000 | 887,000 | 626,000 | | Interest Expense | 220,000 | 287,000 | 190,000 | | Income Before Tax | 530,000 | 600,000 | 436,000 | | Income Tax Expense | 37,000 | 6,000 | 11,000 | | Minority Interest |
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|
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|
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| | | | Net Income From Continuing Ops | (3,115,000) | 594,000 | 895,000 | | | Non-recurring Events | | Discontinued Operations |
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|
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|
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| | Extraordinary Items |
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| 106,000 |
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| | Effect Of Accounting Changes |
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|
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| 1,000 | | Other Items |
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|
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|
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| | | | Net Income | (3,115,000) | 700,000 | 896,000 | | Preferred Stock And Other Adjustments |
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|
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|
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| | | Net Income Applicable To Common Shares | ($3,115,000) | $700,000 | $896,000 |
|
1.48% Nasdaq 
Income Statement
