| Income Statement for Composite Technology Corp. (CPTC) | | | | | | | Income | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Operating Revenue | 40,778 | 10,135 | 1,009 | 2,500 | - | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (42,499) | (9,981) | (651) | (182) | 18 | | Gross Operating Profit | (1,720) | 154 | 358 | 2,318 | 18 | | | Selling/General/Admin Expense | (21,024) | (11,528) | (13,084) | (15,856) | (3,522) | | Research & Development | (7,332) | (4,855) | (5,414) | (115) | (3,210) | | EBITDA | (30,076) | (16,229) | (18,139) | (13,652) | (6,715) | | Depreciation & Amortization | (3,566) | (1,750) | (559) | (286) | (36) | | EBIT | (33,642) | (17,979) | (18,698) | (13,938) | (6,751) | | Interest Income | 292 | 30 | 60 | 14 | - | | Other Income, Net | 64 | 68 | 12 | 9 | - | | Total Income Avail For Interest Expense | (37,365) | (25,588) | (37,924) | (13,915) | (6,751) | | Interest Expense | (7,175) | (2,931) | (2,239) | (409) | - | | Pre-Tax Income | (44,541) | (28,519) | (40,163) | (14,324) | (6,751) | | Income Taxes | 46 | (4) | - | - | - | | Minority Interest | 11 | - | - | - | - | | Net Income from Continuing Operations | (44,483) | (28,523) | (40,163) | (14,324) | (6,751) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (44,483) | (28,523) | (40,163) | (14,324) | (6,751) | | | Normalized Income | (40,404) | (20,816) | (20,866) | (14,324) | (6,751) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (4,080) | (7,707) | (19,297) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (44,483) | (28,523) | (40,163) | (14,324) | (6,751) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | 5 | 20 | | | Basic EPS from Continuing Operations | -0.24 | -0.20 | -0.35 | -0.14 | -0.08 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.24 | -0.20 | -0.35 | -0.14 | -0.08 | | | Diluted EPS from Continuing Operations | -0.24 | -0.20 | -0.35 | -0.14 | -0.08 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.24 | -0.20 | -0.35 | -0.14 | -0.08 | | | |
