ABKI Financials Monday, July 14, 2014 11:10:49 PM
Abakan, Inc.
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 May 31, 2010
Total Revenue 1,847 2,939 - -
Cost of Revenue 739 1,049 - -
Gross Profit 1,108 1,890 - -
Operating Expenses
Research and Development 1,347 737 - -
Sales, General and Admin. 6,144 4,373 2,674 1,396
Non-Recurring Items - - - -
Other 417 303 6 10
Operating Income (6,800) (3,523) (2,680) (1,405)
Income From Continuing Operations
Add'l Income/Expense Items (215) 2,251 198 1
Earnings Before Interest and Tax (7,276) (328) (2,761) (1,596)
Interest Expense 1,061 750 424 11
Earnings Before Tax (8,337) (1,077) (3,185) (1,607)
Income Tax - - - -
Minority Interest (1,114) 42 - -
Equity Earnings Unconsolidated Subsidiary (261) 944 (278) (192)
Net Income Cont. Operations (7,484) (175) (3,463) (1,798)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (7,223) (1,119) (3,185) (1,607)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (7,223) (1,119) (3,185) (1,607)