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Re: zenvesting post# 11207

Wednesday, 05/11/2005 2:42:33 PM

Wednesday, May 11, 2005 2:42:33 PM

Post# of 173805
EZEN: Bob or anyone, do you know what the tax loss cary forward is for this quater for EZEN? The 10Q isn't available on the SEC site yet, but I thought maybe one of you might have it on free real time? "TALLPAUL30" on RB is claiming it is 0.02....but I can't figure how he got that.

Actually, if you read the PR, you will see EZEN doesn't count last quarter's income tax benefit as "income from operations", but my limited knowledge of accounting causes me to think it should be counted in there:

From last night's PR: "...Income from operations increased 13% sequentially with $668 thousand in the first quarter of 2005, as compared to $592 thousand in the fourth quarter of 2004."

Then there's this from the 4Q04 PR:

"Net income for the fourth quarter of 2004 was approximately $1.2 million ($0.09 per share), as compared to net income of approximately $557,000 ($0.04) for the fourth quarter of 2003. In the fourth quarter of 2004, net income included an income tax benefit of approximately $608,000 ($0.04 per share),..."



"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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