PJET Financials 07/16/2014 12:21:18
Priority Aviation, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 39 121 403
Cost of Revenue - - 278
Gross Profit 39 121 125
Operating Expenses
Research and Development - - -
Sales, General and Admin. 126 632 1,208
Non-Recurring Items - - -
Other 1,015 1,098 1,095
Operating Income (1,103) (1,608) (2,178)
Income From Continuing Operations
Add'l Income/Expense Items (121) (38) 393
Earnings Before Interest and Tax (1,224) (1,646) (1,785)
Interest Expense 352 646 1,206
Earnings Before Tax (1,576) (2,292) (2,990)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (1,576) (2,292) (4,781)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (1,576) (2,292) (2,990)
Preferred Stock and Other Adjustments (207) (194) (156)
Net Income Applicable to Common Shareholders (1,783) (2,486) (3,146)