(16) Quarterly Operating Results (Unaudited)
Unaudited quarterly operating results are summarized as follows:
Three Months Ended (Unaudited)
Fiscal 2008 March 31 December 31 September 30 June 30
Net sales $6,427,240 $6,446,099 $6,401,124 $5,916,137
Gross mar 2,096,992 2,300,899 2,660,286 2,455,769
Net income 232,150 295,365 660,341 150,999
net income p/s 0.01 0.02 0.04 0.01
Diluted NIp/s 0.01 0.01 0.03 0.01
Stock deficit(632,699) (864,849) (1,160,214)(1,820,555)
Three Months Ended (Unaudited)
Fiscal 2007 March 31 December 31 September 30 June 30
Net sales $6,491,152 $6,110,619 $6,727,777 $7,832,562
Gross marg 2,716,797 2,693,387 2,770,027 2,757,350
Net income 201,179 726,184 561,564 (1,342,429)
net incomep/s 0.01 0.04 0.03 (0.07)
Diluted NIp/s 0.01 0.03 0.03 (0.07)
Stock deficit(1,971,554)(2,172,733)(2,919,365)(2,591,259)