| Income Statement for Ikanos Communications Inc. (IKAN) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 107,467 | 134,685 | 85,071 | 66,676 | 29,045 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (52,311) | (66,153) | (36,378) | (38,352) | (27,252) | | Gross Operating Profit | 55,156 | 68,532 | 48,693 | 28,324 | 1,793 | | | Selling/General/Admin Expense | (27,398) | (26,036) | (15,532) | (14,393) | (11,330) | | Research & Development | (51,056) | (53,733) | (28,439) | (20,678) | (19,004) | | EBITDA | (23,298) | (11,237) | 4,722 | (6,747) | (28,541) | | Depreciation & Amortization | (10,953) | (15,199) | (2,903) | (1,823) | (1,351) | | EBIT | (34,251) | (26,436) | 1,819 | (8,570) | (29,892) | | Interest Income | 4,942 | 4,970 | 1,218 | 230 | 220 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | (32,970) | (23,157) | 3,037 | (8,340) | (29,672) | | Interest Expense | - | - | - | (124) | (198) | | Pre-Tax Income | (32,970) | (23,157) | 3,037 | (8,464) | (29,870) | | Income Taxes | (294) | (280) | (295) | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (33,264) | (23,437) | 2,742 | (8,464) | (29,870) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (33,264) | (23,437) | 2,742 | (8,464) | (29,870) | | | Normalized Income | (29,603) | (21,746) | 2,742 | (8,464) | (29,870) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (3,661) | (1,691) | - | - | - | | Income from Cum. Effect of Acct Change | - | 638 | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (33,264) | (22,799) | 2,742 | (8,464) | (29,870) | | | 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 | -1.16 | -0.88 | 0.14 | -5.59 | -43.16 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.16 | -0.88 | 0.14 | -5.59 | -43.16 | | | Diluted EPS from Continuing Operations | -1.16 | -0.88 | 0.13 | -5.59 | -43.16 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.16 | -0.88 | 0.13 | -5.59 | -43.16 | | | |
