MatriDigm Corporation
Statement of Operations For the Period For the Year Ended
to September 30, 1998 1997 1996
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Sales $ 5,478,549 $ 123,162 $ -
Operating expenses:
Cost of sales 3,284,226 85,486 -
General and admin. 6,640,134 5,883,235 561,976
Research and development 6,649,907 7,003,032 1,237,515
Sales and marketing 2,160,217 1,790,442 205,585
Total operating expenses
18,734,484 14,762,195 2,005,076
Loss from operations (13,255,935) (14,639,033) (2,005,076)
Interest income and other 94,038 179,889 132,197
Interest expense (459,149) (119,994) -
Net loss $(13,621,046) $(14,579,138) $(1,872,879)
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