Income Statement for Qsgi, Inc (QSGI)
| | | Income Statement for QSGI Inc. (QSGI) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 37,221 | 46,409 | 36,386 | 22,080 | 7,484 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (28,043) | (36,549) | (28,886) | (16,651) | (5,492) | | Gross Operating Profit | 9,178 | 9,860 | 7,500 | 5,428 | 1,992 | | | Selling/General/Admin Expense | (9,905) | (9,664) | (8,732) | (4,836) | (1,988) | | Research & Development | - | - | - | - | - | | EBITDA | (727) | 197 | (1,232) | 593 | 4 | | Depreciation & Amortization | (702) | (685) | (634) | (392) | (72) | | EBIT | (1,429) | (489) | (1,866) | 201 | (68) | | Interest Income | - | - | - | - | - | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | (8,636) | (489) | (1,866) | 201 | (68) | | Interest Expense | (396) | (239) | (160) | (83) | (80) | | Pre-Tax Income | (9,032) | (728) | (2,026) | 118 | (147) | | Income Taxes | (244) | 242 | 760 | 15 | (2) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (9,276) | (485) | (1,266) | 133 | (149) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (9,276) | (485) | (1,266) | 133 | (149) | | | Normalized Income | (2,069) | (485) | (1,266) | 133 | (149) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (7,207) | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (9,276) | (485) | (1,266) | 133 | (149) | | | 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 | 258 | 273 | 4 | - | - | | | Basic EPS from Continuing Operations | -0.31 | -0.03 | -0.05 | 0.01 | -0.01 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.31 | -0.03 | -0.05 | 0.01 | -0.01 | | | Diluted EPS from Continuing Operations | -0.31 | -0.03 | -0.05 | 0.01 | -0.01 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.31 | -0.03 | -0.05 | 0.01 | -0.01 | | | |
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| Date: | Sep 4, 2008 |
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