MTHR recent financials. Hope it helps in your DD.
Year Ended Nine Months Ended
December 31, September 30,
-------------------------------- -------------------------
1996 1997 1998 1998 1999
-------- --------- ----------- ----------- ------------
(unaudited)
<S> <C> <C> <C> <C> <C>
Statement of Operations
Data:
Net sales............... $ 21,489 $ 193,064 $ 476,549 $ 371,160 $ 2,589,048
Cost of sales........... 10,681 71,484 417,998 225,423 2,263,738
-------- --------- ----------- ----------- ------------
Gross profit............ 10,808 121,580 58,551 145,737 325,310
Operating expenses...... 91,489 272,862 7,135,461 3,990,980 34,771,081
-------- --------- ----------- ----------- ------------
Operating loss.......... (80,681) (151,282) (7,076,910) (3,845,243) (34,445,771)
Net loss................ $(80,681) $(159,532) $(7,012,429) $(3,810,205) $(33,786,035)
======== ========= =========== =========== ============
Basic and diluted net
loss per common
share(1)............... $ (0.19) $ (0.25) $ (10.43) $ (5.69) $ (39.89)
======== ========= =========== =========== ============
Shares used to compute
basic and diluted net
loss per common
share(1)............... 430,474 650,607 672,289 669,972 846,953
Pro forma basic and
diluted net loss per
common share(1)(2)..... $ (2.83) $ (4.50)
=========== ============
Shares used to compute
pro forma basic and
diluted net loss per
common share(1)(2)..... 2,479,964 8,523,440
Jack |
