| Income Statement for HealthStream Inc. (HSTM) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 43,949 | 31,783 | 27,359 | 20,057 | 18,195 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (16,163) | (10,869) | (9,745) | (7,277) | (6,268) | | Gross Operating Profit | 27,787 | 20,914 | 17,614 | 12,780 | 11,927 | | | Selling/General/Admin Expense | (17,060) | (12,613) | (10,411) | (9,433) | (9,431) | | Research & Development | (4,308) | (3,503) | (2,928) | (2,531) | (3,247) | | EBITDA | 6,419 | 4,798 | 4,275 | 816 | (751) | | Depreciation & Amortization | (4,503) | (2,889) | (2,678) | (2,107) | (3,047) | | EBIT | 1,915 | 1,909 | 1,597 | (1,291) | (3,799) | | Interest Income | 287 | 657 | 368 | 258 | 415 | | Other Income, Net | - | (2) | (6) | (3) | (6) | | Total Income Avail For Interest Expense | 2,202 | 2,564 | 1,958 | (1,035) | (3,390) | | Interest Expense | (61) | (37) | (24) | (13) | (22) | | Pre-Tax Income | 2,142 | 2,528 | 1,934 | (1,048) | (3,412) | | Income Taxes | 1,945 | (28) | (22) | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 4,087 | 2,500 | 1,913 | (1,048) | (3,412) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 4,087 | 2,500 | 1,913 | (1,048) | (3,412) | | | Normalized Income | 4,087 | 2,500 | 1,913 | (1,048) | (3,412) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 4,087 | 2,500 | 1,913 | (1,048) | (3,412) | | | 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 | -0.19 | 0.12 | 0.09 | -0.05 | -0.17 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.19 | 0.12 | 0.09 | -0.05 | -0.17 | | | Diluted EPS from Continuing Operations | -0.18 | 0.11 | 0.09 | -0.05 | -0.17 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.18 | 0.11 | 0.09 | -0.05 | -0.17 | | | |
