NeoMedia Technologies, Inc (NEOM)

[srowen]

Profit of $336,000? what are you looking at?

The 2009 Income Statement shows an operating loss of $6.288M. That's 'real' loss, just from running the business, before thinking of interest and taxes and such. It's not due to accounting losses like depreciation or write-offs.

If you want another perspective, look at the cash flow statement. Operating activities alone burned $4.202M.

No, this is still bleeding money at an astounding rate.