I WAS WRONG. 1997 was $.11, 1998 is $.18.
Year ended December 31 on August 6, 1987
1998 1997 to December 31, 1998
REVENUE
Product sales $ 41,133 $ - $ 41,133
Internet sales 164,749 77,459 242,208
Interest and other 49,105 - 72,673
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254,987 77,459 356,014
COST OF PRODUCT AND INTERNET SALES 75,467 21,798 97,265
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GROSS MARGIN 179,520 55,661 258,749
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EXPENSES
Sales, general and administration 2,807,181 962,346 6,236,739
Research and development 1,814,617 405,705 2,306,020
Depreciation and amortization 35,240 12,570 115,667
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4,657,038 1,380,621 8,658,426
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NET LOSS (4,477,518) (1,324,960) (8,399,677)
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BASIC AND FULLY DILUTED LOSS PER SHARE $ (0.18) $ (0.11) $ (1.92)
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[Note 16]
Weighted Average Number of Common Shares 29,485,320 12,299,522 4,826,858
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