| Income Statement for Digital Lightwave Inc. (DIGL) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 12,058 | 10,481 | 12,882 | 13,739 | 7,514 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (6,118) | (8,155) | (10,131) | (5,313) | (9,574) | | Gross Operating Profit | 5,940 | 2,326 | 2,751 | 8,426 | (2,060) | | | Selling/General/Admin Expense | (3,459) | (6,521) | (9,235) | (12,846) | (16,978) | | Research & Development | (2,024) | (4,509) | (7,752) | (7,384) | (7,865) | | EBITDA | 457 | (8,704) | (14,236) | (11,804) | (26,903) | | Depreciation & Amortization | - | - | (879) | (2,277) | (3,642) | | EBIT | 457 | (8,704) | (15,115) | (14,081) | (30,545) | | Interest Income | - | - | 4 | 46 | 71 | | Other Income, Net | 197 | (11) | 1,449 | 3,952 | 4,267 | | Total Income Avail For Interest Expense | 635 | (8,715) | (17,031) | (10,445) | (30,253) | | Interest Expense | (3,186) | (5,773) | (4,062) | (2,433) | (2,163) | | Pre-Tax Income | (2,551) | (14,488) | (21,093) | (12,878) | (32,416) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (2,551) | (14,488) | (21,093) | (12,878) | (32,416) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (2,551) | (14,488) | (21,093) | (12,878) | (32,416) | | | Normalized Income | (2,532) | (14,488) | (17,724) | (12,516) | (28,370) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (19) | - | (3,369) | (362) | (4,046) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (2,551) | (14,488) | (21,093) | (12,878) | (32,416) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.01 | -0.41 | -0.60 | -0.39 | -1.03 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.01 | -0.41 | -0.60 | -0.39 | -1.03 | | | Diluted EPS from Continuing Operations | -0.01 | -0.41 | -0.60 | -0.39 | -1.03 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.01 | -0.41 | -0.60 | -0.39 | -1.03 | | | |
