GNTR files 10Q ..... .03/share earnings
(Unaudited)
Three Months Ended
September 30,
1997 1996
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Net sales . . . . . . . . . . . . . . . $ 3,724,979 $ 2,940,205
Cost of goods sold . . . . . . . . . . 1,827,190 1,581,985
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Gross profit . . . . . . . . . . . . 1,897,789 1,358,220
Operating expenses:
Marketing and selling . . . . . . . . 736,780 777,172
General and administrative . . . . . 599,522 436,152
Product development . . . . . . . . . 296,489 237,574
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Total operating expenses . . . . . 1,632,791 1,450,898
Operating income (loss). . . . . . 264,998 (92,678)
Other income (expense):
Interest income . . . . . . . . . . . 3,717 -
Interest expense . . . . . . . . . . (64,554) (35,811)
Other, net . . . . . . . . . . . . . 4,018 111
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Total other income (expense) . . . (56,819) (35,700)
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Income (loss) before income taxes . . . 208,179 (128,378)
Provision for income taxes. . . . . . . - -
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Net income (loss). . . . . . . . . $ 208,179 $ (128,378)
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Net earnings (loss) per common share. . $ 0.03 $ (0.02)
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