Income Statement for Wescorp Energy, Inc. (WSCE)

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Income Statement for Wescorp Energy, Inc.
Dec 31, 2010 Dec 31, 2009 Dec 31, 2008
Profit
Total Revenue - 104,000 4,497,000
Cost of Revenue - - 2,690,000
Gross Profit - 104,000 1,807,000
Operating Expenses
Research Development - 140,000 654,000
Selling General and Administrative 3,653,000 2,811,000 6,373,000
Non Recurring 415,000 253,000 -
Others 1,000 141,000 296,000
Total Operating Expenses - 3,346,000 -
Operating Income or Loss -4,627,000 -3,771,000 -5,516,000
Income from Continuing Operations
Total Other Income/Expenses Net 568,000 -2,254,000 -1,605,000
Earnings Before Interest And Taxes -3,502,000 -5,495,000 -7,121,000
Interest Expense 558,000 530,000 1,138,000
Income Before Tax -4,059,000 -6,025,000 -8,259,000
Income Tax Expense - - -
Minority Interest - - -
Net Income From Continuing Ops -4,059,000 -6,025,000 -8,259,000
Non-recurring Events
Discontinued Operations -431,000 -1,052,000 -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -4,490,000 -7,077,000 -8,259,000
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares -4,490,000 -7,077,000 -8,259,000
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