Income Statement for Paid, Inc. (PAYD)
| | | Income Statement for Paid Inc. (PAYD) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 3,383 | 8,049 | 4,920 | 1,853 | 1,503 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (1,837) | (5,408) | (2,592) | (75) | 534 | | Gross Operating Profit | 1,547 | 2,641 | 2,328 | 1,777 | 2,037 | | | Selling/General/Admin Expense | (3,651) | (3,666) | (4,016) | (3,492) | (3,914) | | Research & Development | (423) | (519) | (545) | (780) | - | | EBITDA | (2,527) | (1,544) | (2,233) | (2,495) | (1,877) | | Depreciation & Amortization | (129) | (148) | (841) | (1,088) | (1,429) | | EBIT | (2,656) | (1,693) | (3,074) | (3,582) | (3,306) | | Interest Income | - | - | - | - | - | | Other Income, Net | 15 | 6 | 268 | 0 | 0 | | Total Income Avail For Interest Expense | (2,641) | (1,686) | (2,806) | (3,582) | (3,305) | | Interest Expense | (83) | (18) | (295) | (497) | (409) | | Pre-Tax Income | (2,724) | (1,704) | (3,101) | (4,080) | (3,715) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (2,724) | (1,704) | (3,101) | (4,080) | (3,715) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (2,724) | (1,704) | (3,101) | (4,080) | (3,715) | | | Normalized Income | (2,724) | (1,704) | (3,101) | (4,080) | (3,715) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (2,724) | (1,704) | (3,101) | (4,080) | (3,715) | | | 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 | -0.01 | -0.10 | -0.02 | -0.02 | -0.03 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.01 | -0.10 | -0.02 | -0.02 | -0.03 | | | Diluted EPS from Continuing Operations | -0.01 | -0.10 | -0.02 | -0.02 | -0.03 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.01 | -0.10 | -0.02 | -0.02 | -0.03 | | | |
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| Date: | May 23, 2008 |
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