9 months ended for CINJ
Three Months Ended Nine Months Ended
September 30, September 30,
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2000 1999 2000 1999
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(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Revenue:
Data and voice services $ 8,536,400 $ 4,186,900 $ 20,907,400 $ 11,602,600
Recruiting services 689,000 1,221,200 2,186,100 3,718,500
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9,225,400 5,408,100 23,093,500 15,321,100
Costs and Expenses:
Cost of revenues - data and voice services 5,801,000 2,832,400 12,605,800 7,849,100
Cost of revenues - recruiting services 415,000 825,800 1,381,500 2,666,900
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6,216,000 3,658,200 13,987,300 10,516,000
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Gross Profit 3,009,400 1,749,900 9,106,200 4,805,100
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Operating Expenses:
Selling, general, and administrative 2,466,100 2,572,700 5,622,000 5,178,800
Noncash expenses:
Depreciation and amortization 69,500 192,600 195,500 574,500
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2,535,600 2,765,300 5,817,500 5,753,300
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Income (Loss) From Operations 473,800 (1,015,400) 3,288,700 (948,200)
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Other Income (Expense):
Interest income 68,900 3,900 173,400 7,600
Interest expense (111,600) (177,900) (386,400) (376,800)
Other, net 400 16,900 (1,900) 19,900
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(42,300) (157,100) (214,900) (349,300)
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Income (Loss) Before Income Taxes Provision 431,500 (1,172,500) 3,073,800 (1,297,500)
Income Taxes 163,800 -- 1,198,800 --
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Net Income (Loss) $ 267,700 $ (1,172,500) $ 1,875,000 $ (1,297,500)
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Net Income (Loss) Per Share - Basic 0.015 (0.067) 0.112 (0.068)
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Net Income (Loss) Per Share - Diluted 0.013 (0.067) 0.090 (0.068)
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Shares Used In Per Share Calculation - Basic 17,392,754 17,591,859 16,737,311 19,214,947
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Shares Used In Per Share Calculation - Diluted 20,869,851 17,591,859 20,887,175 19,214,947
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