Income Statement for Ultralife Corporation (ULBI)

Income Statement for Ultralife Corporation
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Profit
Total Revenue 78,835,000 101,657,000 135,737,000
Cost of Revenue 56,214,000 72,927,000 101,546,000
Gross Profit 22,621,000 28,730,000 34,191,000
Operating Expenses
Research Development 5,859,000 7,216,000 8,593,000
Selling General and Administrative 17,386,000 21,628,000 23,186,000
Non Recurring - - -
Others - - -
Total Operating Expenses - - -
Operating Income or Loss -624,000 -114,000 2,412,000
Income from Continuing Operations
Total Other Income/Expenses Net 13,000 -20,000 176,000
Earnings Before Interest And Taxes -611,000 -134,000 2,588,000
Interest Expense 238,000 440,000 559,000
Income Before Tax -849,000 -574,000 2,029,000
Income Tax Expense 239,000 554,000 480,000
Minority Interest 34,000 31,000 58,000
Net Income From Continuing Ops -1,088,000 -1,128,000 1,549,000
Non-recurring Events
Discontinued Operations 128,000 -501,000 -3,687,000
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -926,000 -1,598,000 -2,080,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -926,000 -1,598,000 -2,080,000