| Income Statement for MicroIslet Inc. (MIIS) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 742 | 631 | 153 | - | 256 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | 529 | 111 | 93 | 51 | 45 | | Gross Operating Profit | 1,271 | 742 | 246 | 51 | 301 | | | Selling/General/Admin Expense | (3,161) | (4,327) | (3,154) | (3,170) | (1,640) | | Research & Development | (6,408) | (7,088) | (5,637) | (2,913) | (1,498) | | EBITDA | (8,298) | (10,673) | (8,545) | (6,032) | (2,837) | | Depreciation & Amortization | (529) | (111) | (93) | (51) | (45) | | EBIT | (8,827) | (10,784) | (8,639) | (6,083) | (2,882) | | Interest Income | 60 | 133 | 149 | 111 | 4 | | Other Income, Net | (2) | (4) | (12) | (4) | (7) | | Total Income Avail For Interest Expense | (8,769) | (10,655) | (8,501) | (5,977) | (2,886) | | Interest Expense | (665) | (8) | (5) | (0) | (154) | | Pre-Tax Income | (9,434) | (10,663) | (8,506) | (5,977) | (3,040) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (9,434) | (10,663) | (8,506) | (5,977) | (3,040) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (9,434) | (10,663) | (8,506) | (5,977) | (3,040) | | | Normalized Income | (9,434) | (10,663) | (8,506) | (5,977) | (3,040) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (9,434) | (10,663) | (8,506) | (5,977) | (3,040) | | | 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 | -0.18 | -0.23 | -0.21 | -0.16 | -0.12 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.18 | -0.23 | -0.21 | -0.16 | -0.12 | | | Diluted EPS from Continuing Operations | -0.18 | -0.23 | -0.21 | -0.16 | -0.12 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.18 | -0.23 | -0.21 | -0.16 | -0.12 | | | |
