| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | Total Revenue | 12,976,000 | 11,818,000 | 9,525,000 | | Cost of Revenue | 1,326,000 | 2,298,000 | 1,891,000 | | | Gross Profit | 11,650,000 | 9,520,000 | 7,634,000 | | | Operating Expenses | | Research Development |
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|
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|
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| | Selling General and Administrative | 7,286,000 | 6,235,000 | 4,540,000 | | Non Recurring | 421,000 | 198,000 |
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| | Others | 198,000 |
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|
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| | | | Total Operating Expenses |
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|
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| | | | Operating Income or Loss | 3,745,000 | 3,087,000 | 3,094,000 | | | Income from Continuing Operations | | Total Other Income/Expenses Net |
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|
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| | Earnings Before Interest And Taxes | 3,745,000 | 3,087,000 | 3,094,000 | | Interest Expense | 903,000 | 1,184,000 | 1,323,000 | | Income Before Tax | 2,842,000 | 1,903,000 | 1,771,000 | | Income Tax Expense | 1,031,000 | 642,000 | 675,000 | | Minority Interest |
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|
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|
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| | | | Net Income From Continuing Ops | 1,811,000 | 1,261,000 | 1,096,000 | | | Non-recurring Events | | Discontinued Operations |
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|
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| 10,000 | | Extraordinary Items |
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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 | 1,811,000 | 1,261,000 | 1,106,000 | | Preferred Stock And Other Adjustments | (22,000) |
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|
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| | | Net Income Applicable To Common Shares | $1,789,000 | $1,261,000 | $1,106,000 |
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1.48% Nasdaq 
Income Statement
