| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Total Revenue | 1,735,668 | 2,718,895 | 1,963,208 | | Cost of Revenue | 122,373 | 71,851 | 62,564 | | | Gross Profit | 1,613,295 | 2,647,044 | 1,900,644 | | | Operating Expenses | | Research Development |
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|
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| 48,634 | | Selling General and Administrative | 1,901,669 | 1,250,505 | 997,750 | | 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 | (288,374) | 1,396,539 | 854,260 | | | Income from Continuing Operations | | Total Other Income/Expenses Net |
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|
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|
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| | Earnings Before Interest And Taxes | (288,374) | 1,396,539 | 854,260 | | Interest Expense | 660,964 | 1,150,805 | 505,606 | | Income Before Tax | (949,338) | 245,734 | 348,654 | | Income Tax Expense | (290,249) | 93,178 | 137,541 | | Minority Interest | 122,961 | (7,891) | (6,969) | | | | Net Income From Continuing Ops | (536,128) | 144,665 | 204,144 | | | Non-recurring Events | | Discontinued Operations |
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|
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|
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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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| 1,606 | | Other Items |
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|
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|
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| | | | Net Income | (536,128) | 144,665 | 205,750 | | Preferred Stock And Other Adjustments |
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|
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|
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| | | Net Income Applicable To Common Shares | ($536,128) | $144,665 | $205,750 |
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1.48% Nasdaq 
Income Statement
