Income Statement for Ido Security, Inc. (IDOI)

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Income Statement for Ido Security, Inc.
Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Profit
Total Revenue 319,000 203,000 61,000
Cost of Revenue 252,000 160,000 72,000
Gross Profit 67,000 43,000 -11,000
Operating Expenses
Research Development 217,000 248,000 356,000
Selling General and Administrative 2,203,000 1,151,000 1,208,000
Non Recurring 1,215,000 - 740,000
Others - - -
Total Operating Expenses - - -
Operating Income or Loss -3,568,000 -1,356,000 -2,315,000
Income from Continuing Operations
Total Other Income/Expenses Net 2,923,000 -1,000 -25,000
Earnings Before Interest And Taxes -3,572,000 -1,358,000 -2,340,000
Interest Expense 4,563,000 6,005,000 5,439,000
Income Before Tax -8,135,000 -7,363,000 -7,779,000
Income Tax Expense - - -
Minority Interest - - -
Net Income From Continuing Ops -5,208,000 -7,363,000 -7,779,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -5,208,000 -7,363,000 -7,779,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -5,208,000 -7,363,000 -7,779,000
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