InvestorsHub Logo
Followers 173
Posts 8059
Boards Moderated 0
Alias Born 11/26/2009

Re: None

Wednesday, 04/02/2014 9:30:45 PM

Wednesday, April 02, 2014 9:30:45 PM

Post# of 334
4-2-2014

Net Income (Losses).
The Company’
s net income for the fiscal year ended December 31,
2013 was approximately $4.0 million
compared to a net loss of ($21.5 million) during th
e fiscal year ended December 31, 2012. The income
for the fiscal year ended December 31,
2013 consisted of operating losses of approximately
($2.5 million) in 2013 and other income of $6.5 mi
llion, primarily non-
cash income related
to a decrease in value of the mark to market deriva
tive liabilities for securities issued with the Com
pany’
s senior convertible debentures and
related warrants.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.