VPWI Financials 07/16/2014 13:45:20
Viper Powersports, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 612 165 36
Cost of Revenue 660 166 35
Gross Profit (48) - 1
Operating Expenses
Research and Development 332 70 758
Sales, General and Admin. 3,093 3,212 1,710
Non-Recurring Items - - 210
Other - - -
Operating Income (3,474) (3,282) (2,677)
Income From Continuing Operations
Add'l Income/Expense Items (1,413) (491) (1,047)
Earnings Before Interest and Tax (4,886) (3,773) (3,724)
Interest Expense 1,223 59 695
Earnings Before Tax (6,109) (3,833) (4,419)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (6,109) (3,833) (4,419)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (6,109) (3,833) (4,419)
Preferred Stock and Other Adjustments - (339) -
Net Income Applicable to Common Shareholders (6,109) (4,171) (4,419)