Quarterly Yearly Jun 31 '06 Jun 31 '06
Net Sales 166,531 433,918 GOGS 65,575 183,181 Gross Profit 101,956 250,737 Selling Expenses 91,485 582,123 Other Income 39,916 39,947 Other Expenses -26,590 -18,772 Net Gain (Loss) 38,433 -310,211
It would not have been profitable without the A/P write off of $39,915. Evenbreak even would be an improvement. Deferred compensation is nearly $228,000, which helps their cash flow but will eventually either get paid or dilute the stock. Dillutive sales keep happening.
Sales are up around 20% for the quarter. For now, i will sit on my losses.
For previous results see: Message 22793628 |