Posted On: 07/16/2014 12:49:16 AM
Post# of 780
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IHSI Financials 07/15/2014 23:49:19
Intelligent Highway Solutions, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 834 1,796 899
Cost of Revenue 778 1,548 775
Gross Profit 55 247 124
Operating Expenses
Research and Development - 31 -
Sales, General and Admin. 1,492 1,213 470
Non-Recurring Items - - -
Other - - -
Operating Income (1,437) (997) (346)
Income From Continuing Operations
Add'l Income/Expense Items (60) - 2
Earnings Before Interest and Tax (1,496) (997) (344)
Interest Expense 490 51 13
Earnings Before Tax (1,987) (1,048) (357)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (2,074) (1,048) (357)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (1,987) (1,048) (357)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (1,987) (1,048) (357)
Intelligent Highway Solutions, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 834 1,796 899
Cost of Revenue 778 1,548 775
Gross Profit 55 247 124
Operating Expenses
Research and Development - 31 -
Sales, General and Admin. 1,492 1,213 470
Non-Recurring Items - - -
Other - - -
Operating Income (1,437) (997) (346)
Income From Continuing Operations
Add'l Income/Expense Items (60) - 2
Earnings Before Interest and Tax (1,496) (997) (344)
Interest Expense 490 51 13
Earnings Before Tax (1,987) (1,048) (357)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (2,074) (1,048) (357)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (1,987) (1,048) (357)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (1,987) (1,048) (357)
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