Income Statement for QMED INC (QMED)

Income Statement for QMED INC
Nov 30, 2007 Nov 30, 2006 Nov 30, 2005
Profit
Total Revenue 5,247,000 9,881,000 22,146,000
Cost of Revenue 2,741,000 6,384,000 7,511,000
Gross Profit 2,506,000 3,497,000 14,636,000
Operating Expenses
Research Development 2,096,000 1,558,000 1,323,000
Selling General and Administrative 7,799,000 17,338,000 8,720,000
Non Recurring - - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss -7,389,000 -15,399,000 4,592,000
Income from Continuing Operations
Total Other Income/Expenses Net 2,594,000 1,221,000 -403,000
Earnings Before Interest And Taxes -4,795,000 -14,255,000 4,189,000
Interest Expense 28,000 19,000 27,000
Income Before Tax -4,823,000 -14,274,000 4,162,000
Income Tax Expense 24,000 -38,000 276,000
Minority Interest - - -
Net Income From Continuing Ops -4,847,000 -14,236,000 3,886,000
Non-recurring Events
Discontinued Operations -6,406,000 - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -11,252,000 -14,236,000 3,886,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -11,252,000 -14,236,000 3,886,000