INSQ reports a profit..
Revenues
Total revenues were $1,310,699 for the quarter ended September 30, 2005, and $1,625,773 for the nine months ended September 30, 2005.
The majority of revenues realized during nine months ended September 30, 2005 were due to the operating activities of our recently acquired subsidiary, Warnecke Design Services, Inc. (WDS). Revenues of $1,384 were recognized from the Companys former online dating service. The operations of the online dating service were suspended effective April 1, 2005.
Net Income and Net Loss
Our total net income for the three months ended September 30, 2005, was $39,467, and our net loss for the nine months ended September 30, 2005 was $1,307,300. The net loss incurred was due to the expenses and other factors described above.