NeoMedia Technologies, Inc (NEOM)

[ss9173]

From the 10K: Financial Statement

 NEOMEDIA TECHNOLOGIES, INC. AND SUBSIDIARIES 
           CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS 
                       (IN THOUSANDS, EXCEPT PER SHARE DATA) 
  
  
 <TABLE> 
 <CAPTION> 
                                                                           YEAR ENDED DECEMBER 31, 
                                                                       ------------------------------ 
                                                                           2005              2004 
                                                                       -------------    ------------- 
 <S>                                                                   <C>              <C> 
 NET SALES: 
        License fees                                                   $         523    $         343 
        Resale of software and technology equipment and service fees             354              630 
        Micro paint repair products and services                               1,279              727 
                                                                       -------------    ------------- 
        Total net sales                                                        2,156            1,700 
                                                                       -------------    ------------- 
  
 COST OF SALES: 
        License fees                                                             453              324 
        Resale of software and technology equipment and service fees             206              604 
        Micro paint repair products and services                                 913              541 
                                                                       -------------    ------------- 
        Total cost of sales                                                    1,572            1,469 
                                                                       -------------    ------------- 
  
 GROSS PROFIT                                                                    584              231 
  
 OPERATING EXPENSES: 
        Sales and marketing expenses                                           4,186            2,046 
        Impairment charge                                                        335               -- 
        General and administrative expenses                                    3,375            2,215 
        Research and development costs                                           934              651 
                                                                       -------------    ------------- 
  
        Loss from operations                                                  (8,246)          (4,681) 
        Gain on extinguishment of debt                                           172              140 
        Impairment charge on investments                                        (780)              -- 
        Amortization of debt discount                                             --           (2,500) 
        Interest expense, net                                                   (293)            (189) 
                                                                       -------------    ------------- 
  
 NET LOSS                                                                     (9,147)          (7,230) 
  
        Other comprehensive loss: 
           Unrealized gain/loss on marketable securities                        (146)              -- 
           Foreign currency translation adjustment                                29              (60) 
                                                                       -------------    ------------- 
  
 COMPREHENSIVE LOSS                                                    $      (9,264)   $      (7,290) 
                                                                       =============    ============= 
  
 NET LOSS PER SHARE--BASIC AND DILUTED                                 $       (0.02)   $       (0.02) 
                                                                       =============    ============= 
  
 WEIGHTED AVERAGE NUMBER OF COMMON SHARES--BASIC AND DILUTED             451,857,851      329,362,127 
                                                                       =============    =============