Posted On: 07/16/2014 3:29:23 AM
Post# of 10
SPBU Financials 07/16/2014 02:29:26
Spare Backup, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 539 399 959
Cost of Revenue - - -
Gross Profit 539 399 959
Operating Expenses
Research and Development 817 1,089 2,342
Sales, General and Admin. 3,463 6,863 8,584
Non-Recurring Items - - -
Other - - -
Operating Income (3,741) (7,552) (9,967)
Income From Continuing Operations
Add'l Income/Expense Items 579 2,465 888
Earnings Before Interest and Tax (3,162) (5,087) (9,078)
Interest Expense 536 764 2,049
Earnings Before Tax (3,698) (5,851) (11,127)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (3,369) (5,679) (10,685)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (3,698) (5,851) (11,127)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (3,698) (5,851) (11,127)
Spare Backup, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 539 399 959
Cost of Revenue - - -
Gross Profit 539 399 959
Operating Expenses
Research and Development 817 1,089 2,342
Sales, General and Admin. 3,463 6,863 8,584
Non-Recurring Items - - -
Other - - -
Operating Income (3,741) (7,552) (9,967)
Income From Continuing Operations
Add'l Income/Expense Items 579 2,465 888
Earnings Before Interest and Tax (3,162) (5,087) (9,078)
Interest Expense 536 764 2,049
Earnings Before Tax (3,698) (5,851) (11,127)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (3,369) (5,679) (10,685)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (3,698) (5,851) (11,127)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (3,698) (5,851) (11,127)
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