Replies to post #51213 on e.Digital Corporation (fka EDIG)

[Cassandra]

Income Statement:

CONSOLIDATED STATEMENTS OF OPERATIONS  
                                    (UNAUDITED)  
   
   
            
                                                            For the three months ended      For the six months ended  
                                                                  September 30,                   September 30,  
                                                             2003              2002           2003               2002  
                                                               $                 $             $                  $  
                                                         -------------------------------  ------------------------------  
                                                                                                                          
 Revenues:                                                                                  
    Products                                               1,036,071            180,969     2,047,042            665,471  
    Services                                                  61,844            109,321       204,864            176,326  
                                                         -------------------------------  ------------------------------  
                                                           1,097,915            290,290     2,251,906            841,797  
                                                         -------------------------------  ------------------------------  
                                                                                            
 Cost of revenues:                                                                          
    Products                                                 893,729          1,155,197     1,863,701          2,075,723  
    Services                                                  68,684             33,031       181,845             98,447  
                                                         -------------------------------  ------------------------------  
                                                             962,413          1,188,228     2,045,546          2,174,170  
                                                         -------------------------------  ------------------------------  
 Gross profit  (loss)                                        135,502           (897,938)      206,360         (1,332,373)  
                                                         -------------------------------  ------------------------------  
                                                                                            
 Operating expenses:                                                                        
    Selling and administrative                               385,101          1,056,998       764,527          2,044,261  
    Research and related expenditures                        476,140            419,340       676,805            803,495  
                                                         -------------------------------  ------------------------------  
           Total operating expenses                          861,241          1,476,338     1,441,332          2,847,756  
                                                         -------------------------------  ------------------------------  
                                                                                            
 Operating loss                                             (725,739)        (2,374,276)   (1,234,973)        (4,180,129)  
                                                         -------------------------------  ------------------------------  
                                                                                            
 Other income (expense):                                                                    
    Interest income                                               --                565            --              1,601  
    Interest expense                                         (28,273)          (299,867)      (63,438)          (504,346)  
    Loss on disposal of asset                                     --                 --       (36,714)                --  
    Other income                                                  --                 --            --             67,014  
                                                         -------------------------------  ------------------------------  
           Other income (expense)                            (28,273)          (299,302)     (100,152)          (435,731)  
                                                         -------------------------------  ------------------------------  
                                                                                            
 Loss and comprehensive loss for the period                 (754,013)        (2,673,578)   (1,335,125)        (4,615,860)  
 Accrued dividends on the Series D Preferred stock           (61,500)                --      (123,000)                --  
                                                         -------------------------------  ------------------------------  
 Loss attributable to common stockholders                   (815,513)        (2,673,578)   (1,458,125)        (4,615,860)  
                                                         ===============================  ==============================  
 Loss per common share - basic and diluted                     (0.01)             (0.02)        (0.01)             (0.03)  
                                                         ===============================  ==============================  
                                                                                            
 Weighted average common shares outstanding              154,882,753        138,025,421   151,993,493        136,515,851  
                                                         ===============================  ==============================  </pre.