STDS filed a 10SB12G on 9/3/99 which includes a forecast for the 12
months of 1999. I hope that they are half way accurate. They would
have had two quarters of 1999 actual results to base their forecast on.
Projected 1999 Operating Results (continued)
--------------------------------------------
% OF YR ENDED % OF
Projected 99 12/31/98 SALES
<S> <C> <C> <C> <C>
Revenues $14,958,000 100.00% $13,450,758 100.00%
Cost of Sales 7,965,135 53.25% 8,044,907 59.81%
Gross Profit 6,992,865 46,75% 5,405,851 40.19%
Operating Expenses
Selling, General and Administrative 5,609,374 37.50% 5,681,056 42.24%
Research and Development 920,000 6.15% 930,592 6.92%
Total Operating Expenses 6,529,374 43.65% 6,611,648 49.15%
Operating Income (Loss) 463,491 3,10% (1,205,797) -8.96%
Other Income (Expense)
Interest Income 7,812 0.05% 2,119 0.02%
Interest Expense (4,125) -0.03% (47,901) -0.36%
Loss on Disposal of Fixed Assets 0 0.00% (9,432) -0.07%
Total Other Income (Expense) 3,687 0.02% (55,214) -0.41%
Net Income Before Taxes 467,178 3.12% (1,261,011) -9.38%
Income Taxes 0 0.00% 134,150 1.00%
Net Income (Loss) 467,178 3.12% (1,261,011) -8.38% |
