TECH SQUARED INC.
Consolidated Statements of Operations
Three Months Ended
March 31,
1999 1998
Net sales $11,103,441 $8,592,728
Cost of sales 9,726,578 7,506,225
Gross profit 1,376,833 1,086,503
Selling & marketing 752,223 520,349
General & administrative 827,317 502,515
Total operating expenses 1,579,540 1,022,864
Income (loss) from operations (202,707) 63,639
Interest income (expenses), net 21,394 (23,132)
Investment income 2,048 4,611
Equity in losses of Digital River -- (549,625)
Net (loss) $(179,265) $(504,507)
Net loss per common share, basic
and diluted $(0.02) $(0.05)
Weighted average shares outstanding,
basic and diluted 11,822,603 10,549,413 |
