Income Statement
CONSOLIDATED INCOME STATEMENT (Unaudited)
(Values in 000s | USD)
Period Ending June 30, 2018________________
Total Revenue 141,783
Cost of Revenue 135,614________________
Gross Profit (6,169)
Operating Expenses
Research and Development 28,363
Sales, General and Admin. 51,442
Non-Recurring Items 3,874
Other 51,935
Operating Income
Income From Continuing Operations
Add'l Income/Expense Items -
Earnings Before Interest and Tax (6,169)
Interest Expense (731)
Earnings Before Tax (5,438)
Income Tax 5 0 8
Minority Interest -
Equity Earnings Unconsolidated Subsidiary -
Net Income Cont. Operations (4,930) Non-Recurring Events
Discontinued Operations -
Extraordinary Items -
Effect of Accounting Changes -
Other Items -
Net Income (4,930)
Preferred Stock and Other Adjustments -_________________
Net Income Applicable to Common Shareholders (4,930)
2
CONSOLIDATED BALANCE SHEETS
(Values in 000s | USD)
Period Ending June 30, 2018_________________
Assets
Current Assets
Cash and Cash Equivalents
Short Term Investments
Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long Term Investments
Property Plant and Equipment
Goodwill
Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Term Asset Charges 23,138
1,254
19,877
3,251
7,624
55,144
-
19,197
7,044
48,870
824
1,268
1,187
Total Assets 133,534
Liabilities
Current Liabilities
Accounts Payable 16,855
Short Term and Current Long-Term Debt 51,373
Other Current Liabilities 18,987
Total Current Liabilities 87,215
Long Term Debt 16,757
Other Liabilities 27,412
Deferred Long Term Liability Charges 2,150
Minority Interest -
Negative Goodwill -________________
Total Liabilities 133,534
3
Stockholders' Equity
Misc. Stock Options Warrants -
Redeemable Preferred Stock - Preferred Stock -
Common Stock 99
Retained Earnings (25,352)
Treasury Stock -
Capital Surplus 25,352
Other Stockholder Equity -_________________
Total Stockholder Equity 0_________________
Net Tangible Assets 0
CONSOLIDATED CASH FLOW
(Values in 000s | USD)
Period Ending June 30, 2018__________________
Net Income Operating Activities
Depreciation - Adjustments to Net Income - Changes in Liabilities 11,362
Changes in Accounts Receivables (3,844)
Changes in Inventories 7,913
Changes in Other Operating Activities 5,271
Total Cash Flow From Operating Activities 20,702 Investing Activities
Capital Expenditures (14,972)
Investments (2,818)
Other Cash Flows From Investing Activities -__________________
Total Cash Flow From Investing Activities (17,790)
Financing Activities
Dividends Paid - Sale/Purchase of Stock 0
Net Borrowings -
Other Cash Flows From Financing Activities -__________________
Total Cash Flow From Financing Activities 0
Effect of Exchange Rate Changes 0
Change in Cash and Cash Equivalents 2,912
