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    Schmitt Industries, Inc. (SMIT)

    -NasdaqCM
    2.70 Down 0.03(1.10%) Feb 27, 9:30AM EST
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingNov 30, 2014Aug 31, 2014May 31, 2014Feb 28, 2014
    Total Revenue 3,152   3,049   3,026   3,066  
    Cost of Revenue1,597  1,586  1,657  1,608  
    Gross Profit 1,554   1,464   1,369   1,458  
    Operating Expenses
    Research Development125  72  85  152  
    Selling General and Administrative1,500  1,338  1,416  1,388  
    Non Recurring -   -   -   -  
    Others -   -   -   -  
    Total Operating Expenses -   -   -   -  
    Operating Income or Loss (71) 53   (132) (82)
    Income from Continuing Operations
    Total Other Income/Expenses Net3  1   -   -  
    Earnings Before Interest And Taxes(67)54  (155)(70)
    Interest Expense -   -   -   -  
    Income Before Tax(67)54  (155)(70)
    Income Tax Expense2  2  2  2  
    Minority Interest -   -   -   -  
    Net Income From Continuing Ops(70)52  (158)(72)
    Non-recurring Events
    Discontinued Operations -   -   -   -  
    Extraordinary Items -   -   -   -  
    Effect Of Accounting Changes -   -   -   -  
    Other Items -   -   -   -  
    Net Income (70) 52   (158) (72)
    Preferred Stock And Other Adjustments -   -   -   -  
    Net Income Applicable To Common Shares (70) 52   (158) (72)

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    Currency in USD.