Income Statement for Falconstor Software, Inc (FALC)

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Income Statement for Falconstor Software, Inc
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Profit
Total Revenue 58,637,000 75,411,000 82,871,000
Cost of Revenue 15,156,000 20,662,000 21,517,000
Gross Profit 43,481,000 54,749,000 61,354,000
Operating Expenses
Research Development 15,614,000 18,950,000 21,509,000
Selling General and Administrative 37,488,000 49,029,000 50,985,000
Non Recurring 3,980,000 444,000 11,080,000
Others - - -
Total Operating Expenses - - -
Operating Income or Loss -13,600,000 -13,675,000 -22,220,000
Income from Continuing Operations
Total Other Income/Expenses Net - - -
Earnings Before Interest And Taxes -12,506,000 -14,198,000 -22,160,000
Interest Expense - - -
Income Before Tax -12,506,000 -14,198,000 -22,160,000
Income Tax Expense -1,574,000 786,000 1,208,000
Minority Interest - - -
Net Income From Continuing Ops -10,933,000 -14,984,000 -23,368,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -10,933,000 -14,984,000 -23,368,000
Preferred Stock And Other Adjustments -344,000 - -
Net Income Applicable To Common Shares -11,276,000 -14,984,000 -23,368,000
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