| Income Statement for PepperBall Technologies Inc (SWAT) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Operating Revenue | 1,242 | 296 | 109 | 269 | | Adjustments to Revenue | - | - | - | - | | Cost of Revenue | 6,060 | 1,809 | 1,026 | (27) | | Gross Operating Profit | 7,302 | 2,105 | 1,134 | 242 | | | Selling/General/Admin Expense | (9,723) | (4,422) | (2,597) | (936) | | Research & Development | (1,188) | (1,088) | (444) | (244) | | EBITDA | (3,609) | (3,404) | (1,907) | (938) | | Depreciation & Amortization | (7,222) | (2,924) | (1,113) | (157) | | EBIT | (10,831) | (6,328) | (3,020) | (1,095) | | Interest Income | 120 | 117 | 79 | - | | Other Income, Net | (17) | 2 | (1) | (2) | | Total Income Avail For Interest Expense | (15,587) | (6,209) | (2,942) | (1,097) | | Interest Expense | (6,300) | (3,138) | (1,251) | (229) | | Pre-Tax Income | (21,887) | (9,347) | (4,193) | (1,326) | | Income Taxes | - | - | - | - | | Minority Interest | - | - | - | - | | Net Income from Continuing Operations | (21,887) | (9,347) | (4,193) | (1,326) | | Net Income from Discontinued Operations | - | - | - | - | | Net Income from Total Operations | (21,887) | (9,347) | (4,193) | (1,326) | | | Normalized Income | (17,027) | (9,347) | (4,193) | (1,326) | | Extraordinary Income | - | - | - | - | | Special Income/Charges | (4,860) | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | | Other Gains | - | - | - | - | | Total Net Income | (21,887) | (9,347) | (4,193) | (1,326) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | 9,042 | - | - | - | | | Basic EPS from Continuing Operations | -10.12 | -4.48 | -4.32 | -26.60 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -10.12 | -4.48 | -4.32 | -26.60 | | | Diluted EPS from Continuing Operations | -10.12 | -4.48 | -4.32 | -26.60 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -10.12 | -4.48 | -4.32 | -26.60 | | | |
