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Friday, May 20, 2011 2:41:02 PM
Revenue
Gross revenues for the three months ended March 31, 2011, were $699,867 as compared to $530,175 for the same period in 2010. The increase in revenue for the three months ended March 31, 2011 compared with the same period in 2010 was $169,692, or 32%, is due to an overall increase of revenue from all areas of our business.
Net Losses
Our Net Loss for the three months ended March 31, 2011, decreased to $53,800 from $993,426 for the three months ended March 31, 2010. This decrease over the comparable quarterly period is primarily due to a decrease of $329,586 of general and administrative expenses.
Pgs 23 & 24 NXHD 2011 Q1
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