| PERIOD ENDING | 31-Dec-08 | 31-Dec-06 | 31-Dec-05 | | Total Revenue | 4,025,809 | 5,146,370 | 3,962,890 | | Cost of Revenue | 902,944 | 1,058,713 | 544,920 | | | Gross Profit | 3,122,865 | 4,087,657 | 3,417,970 | | | Operating Expenses | | Research Development |
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| | Selling General and Administrative | 1,434,679 | 2,114,164 | 1,815,228 | | Non Recurring | 1,535,144 |
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| | Others | 2,061,989 | 114,373 | 75,898 | | | | Total Operating Expenses |
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| | | | Operating Income or Loss | (1,908,947) | 1,859,120 | 1,526,844 | | | Income from Continuing Operations | | Total Other Income/Expenses Net |
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| | Earnings Before Interest And Taxes | (1,908,947) | 1,859,120 | 1,526,844 | | Interest Expense | 594,040 | 663,488 | 436,477 | | Income Before Tax | (2,502,987) | 1,195,632 | 1,090,367 | | Income Tax Expense | (459,525) | 387,794 | 362,898 | | Minority Interest |
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| | | | Net Income From Continuing Ops | (2,043,462) | 807,838 | 727,469 | | | Non-recurring Events | | Discontinued Operations |
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| | Extraordinary Items |
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| | Effect Of Accounting Changes |
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| | Other Items |
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| | | | Net Income | (2,043,462) | 807,838 | 727,469 | | Preferred Stock And Other Adjustments | (12,737) |
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| | | Net Income Applicable To Common Shares | ($2,056,199) | $807,838 | $727,469 |
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1.48% Nasdaq 
Income Statement
