| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Total Revenue | 9,937,000 | 7,970,000 | 6,705,760 | | Cost of Revenue | 8,779,000 | 7,075,000 | 5,957,749 | | | Gross Profit | 1,158,000 | 895,000 | 748,011 | | | Operating Expenses | | Research Development |
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|
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|
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| | Selling General and Administrative | 241,000 | 188,000 | 275,932 | | Non Recurring | 229,000 | 2,000 |
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| | Others |
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|
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| | | | Total Operating Expenses |
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| | | | Operating Income or Loss | 688,000 | 705,000 | 472,079 | | | Income from Continuing Operations | | Total Other Income/Expenses Net | 20,000 | 3,461,000 | (906,318) | | Earnings Before Interest And Taxes | 1,011,000 | 4,166,000 | (438,965) | | Interest Expense | 1,071,000 | 2,019,000 | 1,262,289 | | Income Before Tax | (60,000) | 2,147,000 | (1,701,254) | | Income Tax Expense | (47,000) | (546,000) | 64,158 | | Minority Interest | 1,000 |
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| (4,726) | | | | Net Income From Continuing Ops | (315,000) | 2,693,000 | (1,765,412) | | | Non-recurring Events | | Discontinued Operations | 23,000 |
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|
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| | Extraordinary Items | 302,000 |
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|
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| | Effect Of Accounting Changes |
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|
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| 505 | | Other Items |
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|
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| | | | Net Income | 10,000 | 2,693,000 | (1,764,907) | | Preferred Stock And Other Adjustments |
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|
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| | | Net Income Applicable To Common Shares | $10,000 | $2,693,000 | ($1,764,907) |
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1.48% Nasdaq 
Income Statement
