Income Statement for American Scientific (ASFX)

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Income Statement for American Scientific
Dec 31, 2010 Dec 31, 2009
Profit
Total Revenue 862,000 734,000
Cost of Revenue 755,000 427,000
Gross Profit 107,000 307,000
Operating Expenses
Research Development - -
Selling General and Administrative 3,295,000 2,094,000
Non Recurring 1,750,000 -
Others - -
Total Operating Expenses - -
Operating Income or Loss -4,937,000 -1,787,000
Income from Continuing Operations
Total Other Income/Expenses Net 92,000 4,000
Earnings Before Interest And Taxes -4,846,000 -1,783,000
Interest Expense 2,195,000 656,000
Income Before Tax -7,041,000 -2,440,000
Income Tax Expense - -
Minority Interest - -
Net Income From Continuing Ops -7,519,000 -2,334,000
Non-recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect Of Accounting Changes - -
Other Items - -
Net Income
Net Income -7,041,000 -2,440,000
Preferred Stock And Other Adjustments - -985,000
Net Income Applicable To Common Shares -7,041,000 -3,425,000
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