PROW Financials Tuesday, July 15, 2014 06:10:27 AM
Progress Watch Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,023 - - 161
Cost of Revenue - - - -
Gross Profit 1,023 - - 161
Operating Expenses
Research and Development 25 69 141 238
Sales, General and Admin. 38 94 130 237
Non-Recurring Items - - - -
Other 8 24 37 38
Operating Income 953 (187) (307) (353)
Income From Continuing Operations
Add'l Income/Expense Items 35 (41) (23) (107)
Earnings Before Interest and Tax 987 (229) (329) (459)
Interest Expense 16 32 33 34
Earnings Before Tax 972 (261) (363) (493)
Income Tax 1 1 1 1
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 971 (261) (363) (494)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 971 (261) (363) (494)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 971 (261) (363) (494)