| Income Statement for CallWave Inc. (CALL) | | | | | | | Income | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Operating Revenue | 20,008 | 25,201 | 36,594 | 45,518 | 38,886 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (6,097) | (7,862) | (12,310) | (12,052) | (10,343) | | Gross Operating Profit | 13,911 | 17,339 | 24,284 | 33,466 | 28,543 | | | Selling/General/Admin Expense | (13,537) | (19,673) | (17,801) | (17,159) | (10,972) | | Research & Development | (5,125) | (7,178) | (6,805) | (6,868) | (5,294) | | EBITDA | (4,751) | (9,512) | (322) | 9,439 | 12,277 | | Depreciation & Amortization | (1,094) | (884) | (778) | (974) | (1,330) | | EBIT | (5,845) | (10,396) | (1,100) | 8,465 | 10,947 | | Interest Income | 2,309 | 3,044 | 2,479 | 1,032 | 93 | | Other Income, Net | (8) | (114) | (23) | - | - | | Total Income Avail For Interest Expense | (5,682) | (7,466) | 1,103 | 9,497 | 11,010 | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | (5,682) | (7,466) | 1,103 | 9,497 | 11,010 | | Income Taxes | - | (6) | (3,086) | 2,105 | 505 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (5,682) | (7,472) | (1,983) | 11,602 | 11,515 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (5,682) | (7,472) | (1,983) | 11,602 | 11,515 | | | Normalized Income | (3,544) | (7,472) | (1,730) | 11,602 | 11,545 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (2,138) | - | (253) | - | (30) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (5,682) | (7,472) | (1,983) | 11,602 | 11,515 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.27 | -0.36 | -0.10 | 0.72 | 1.96 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.27 | -0.36 | -0.10 | 0.72 | 1.96 | | | Diluted EPS from Continuing Operations | -0.27 | -0.36 | -0.10 | 0.57 | 0.73 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.27 | -0.36 | -0.10 | 0.57 | 0.73 | | | |
