I think this is great............
Total revenues were $717,000 for the quarter ended 12-31-2003, a 12 percent increase over the $643,000 in revenue for the quarter ended 12-31-2002. Quarterly revenues included product revenues of $628,000, a 13 percent increase over the product revenues for the same fiscal period last year.
Service revenues for the quarter were approximately $89,000, compared to $83,000 for the comparable period of the prior year.
At December 31, 2003, we had $485,000 in deferred revenue from development contracts that will be recognized based on the terms and conditions of each agreement.
For the quarter ended December 31, 2003, we reported a gross profit of $129,000 - compared to a gross loss of approximately $105,000 for the period ended 12-31-2002.
For the December quarter, we reported an operating loss of $470,000 compared to an operating loss of 1.2 million dollars for the same period in 2002.
Net loss attributable to common stockholders was a penny for the December quarter 2003, compared to a penny for the December quarter for 2002.
We are working to increase our quarterly revenue base, while keeping our monthly cash operating expenses at approximately $200,000.
