| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Total Revenue | 17,796,000 | 16,939,000 | 5,790,500 | | Cost of Revenue | 12,980,000 | 9,773,000 | 2,764,683 | | | Gross Profit | 4,816,000 | 7,166,000 | 3,025,817 | | | Operating Expenses | | Research Development |
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|
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|
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| | Selling General and Administrative | 561,000 | 611,000 | 157,070 | | Non Recurring | 16,965,000 |
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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 | (12,710,000) | 6,555,000 | 2,868,747 | | | Income from Continuing Operations | | Total Other Income/Expenses Net | (15,000) | 69,000 | 26,221 | | Earnings Before Interest And Taxes | (12,725,000) | 6,646,000 | 2,901,458 | | Interest Expense | 584,000 | 513,000 | 75,587 | | Income Before Tax | (13,309,000) | 6,133,000 | 2,825,871 | | Income Tax Expense | (2,844,000) | 2,400,000 | 1,201,175 | | Minority Interest | (617,000) | (791,000) | (168,187) | | | | Net Income From Continuing Ops | (11,067,000) | 2,942,000 | 1,456,509 | | | Non-recurring Events | | Discontinued Operations |
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| 35,000 |
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| | Extraordinary Items |
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|
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|
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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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|
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| | | | Net Income | (11,067,000) | 2,977,000 | 1,456,509 | | Preferred Stock And Other Adjustments | (274,000) | (208,000) | (60,500) | | | Net Income Applicable To Common Shares | ($11,341,000) | $2,769,000 | $1,396,009 |
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1.48% Nasdaq 
Income Statement
