| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Total Revenue | 16,290,000 | 15,674,000 | 16,482,000 | | Cost of Revenue | 11,089,000 | 6,968,000 | 7,676,000 | | | Gross Profit | 5,201,000 | 8,706,000 | 8,806,000 | | | Operating Expenses | | Research Development |
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|
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|
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| | Selling General and Administrative | 499,000 | 5,406,000 | 3,855,000 | | Non Recurring | 42,000 | (3,635,000) |
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| | Others | 1,034,000 | 1,368,000 | 1,606,000 | | | | Total Operating Expenses |
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| | | | Operating Income or Loss | 3,626,000 | 5,567,000 | 3,345,000 | | | Income from Continuing Operations | | Total Other Income/Expenses Net | (75,000) | 102,000 | 174,000 | | Earnings Before Interest And Taxes | 3,551,000 | 5,653,000 | 3,503,000 | | Interest Expense | 836,000 | 1,159,000 | 1,014,000 | | Income Before Tax | 2,715,000 | 4,494,000 | 2,489,000 | | Income Tax Expense | 879,000 | 1,783,000 | 920,000 | | Minority Interest |
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| (22,000) | (22,000) | | | | Net Income From Continuing Ops | 1,836,000 | 2,705,000 | 1,563,000 | | | Non-recurring Events | | Discontinued Operations | (2,000) | (8,000) | (183,000) | | Extraordinary Items |
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| (158,000) |
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| | Effect Of Accounting Changes |
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|
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|
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| | Other Items |
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| | | | Net Income | 1,834,000 | 2,539,000 | 1,380,000 | | Preferred Stock And Other Adjustments |
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|
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| | | Net Income Applicable To Common Shares | $1,834,000 | $2,539,000 | $1,380,000 |
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1.48% Nasdaq 
Income Statement
