Here's a nice little summary of WAVX earnings over the years:
Wave Systems net loss [.11] vs [.08], rev, none, 5/9/1999
Wave Systems net loss [.21] vs [.12], rev 51k vs 11k 11/13/1999
Wave Systems net loss [.19] vs [.15], rev 55k vs 12k 8/11/2000
Wave Systems net loss [.24] vs [.19], rev 190k 8/10/2001
Wave Systems net loss [.22] vs [.34], rev 230k 11/14/2001
Wave Systems net loss [.12] vs [.19], rev 34k 8/14/2003
Wave Systems net loss [.15] vs [.24], rev 80k 11/13/2003
Wave Systems net loss [.07] vs [.19], rev 59k 3/11/2004
Wave Systems net loss [.05] vs [.12], rev 50k 5/17/2004
Wave Systems net loss [.06] vs [.12], rev 6k 8/16/2004
Wave Systems net loss [.05] vs [.15], rev 44k 10/29/2004
Wave Systems net loss [.04] vs [.07], rev 108k 3/15/2005
Wave Systems net loss [.06] vs [.05], rev 80k 5/12/2005
Wave Systems net loss [.05] vs [.06], rev 260k 8/11/2005
Wave Systems net loss [.05] vs [.05], rev 335k 11/9/2005
Wave Systems net loss [.05] vs [.04], rev 350k 3/16/2006
Wave Systems net loss [.05] vs [.06], rev 490k 5/12/2006
Wave Systems net loss [.13] vs [.15], rev = 910k, reverse split 1:3 8/3/2006
Wave Systems net loss [.12] vs [.15], rev 850k 11/9/2006
Wave Systems net loss [.12] vs [.15], rev 870 mil 3/14/2007
Wave Systems net loss [.12] vs [.15], rev 1.287 mil 5/10/2007
Wave Systems net loss [.11] vs [.13], rev 1.4 mil 8/8/2007
Wave Systems net loss [.10] vs [.12], rev 1.73 mil 11/7/2007
Wave Systems net loss [.11] vs [.12], rev 1.87 mil 3/13/2008
Wave Systems net loss [.12] vs [.12], rev 1.7 mil 5/12/2008
Wave Systems net loss [.10 vs [.11], rev 1.99 mil 8/11/2008
Wave Systems net loss [.10] vs [.10], rev 1.83 mil 11/11/2008
Wave Systems net loss [.07] vs [.10], rev 3.3 mil 3/12/2009