mdhi here is something to look at for a financial
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mdhi here is something to look at for a financial comparison for 2011-2012 and q1 and q2 of 2013 all we need are the last two quarters of 2013 to compleat this.
Medical Alarm Concepts Holding, Inc. | ||||||||||||||||
CONSOLIDATED STATEMENTS | ||||||||||||||||
OF OPERATIONS | ||||||||||||||||
(Unaudited) | Year End Fiscal | Year End Fiscal | Quarter Ending | Quarter Ending | ||||||||||||
June 30, 2011 | June 30, 2012 | September 30, 2012 | December 31, 2012 | |||||||||||||
Revenue | $ | 452,110 | $ | 573,472 | $ | 95,426 | $ | 102,280 | ||||||||
Cost of Sales | 148,877 | 322,795 | 27,182 | 78,599 | ||||||||||||
Gross Profit | $ | 303,233 | $ | 250,678 | $ | 68,244 | $ | 23,681 | ||||||||
Operating Expenses | ||||||||||||||||
Advertising and Marketing | 599,032 | 98,472 | 56,672 | 43,892 | ||||||||||||
Amortization | 416,667 | 416,667 | 104,167 | 104,167 | ||||||||||||
Compensation | 52,470 | 47,184 | 33,000 | 26,798 | ||||||||||||
Depreciation | 5,249 | 5,250 | 1,312 | 1,312 | ||||||||||||
General and Administrative | 209,695 | 183,442 | 37,433 | 41,625 | ||||||||||||
Professional Fees | 135,320 | 139,737 | 14,788 | 16,164 | ||||||||||||
Research and Development | 108,742 | 18,300 | 30,000 | 836 | ||||||||||||
Travel and Entertainment | 46,598 | 33,434 | 5,804 | 5,817 | ||||||||||||
Total Operating Expenses | $ | 1,573,773 | $ | 942,485 | $ | 283,176 | $ | 240,611 | ||||||||
Loss from Operations | $ | (1,270,540 | ) | $ | (691,807 | ) | $ | (214,932 | ) | $ | (216,930 | ) | ||||
Other Income (Expenses) | (40,000 | ) | ||||||||||||||
Gain (loss) on Derivative Liabilities | 697,429 | |||||||||||||||
Interest for Patent | 110,000 | 50,000 | 27,500 | |||||||||||||
Interest Income (Expense) | (251,967 | ) | 18,500 | |||||||||||||
Total Other income (Expense) | 445,462 | 128,500 | (90,000 | ) | (27,500 | ) | ||||||||||
income (Loss) Before Income Taxes | $ | (825,078 | ) | $ | (820,307 | ) | $ | (304,932 | ) | $ | (244,430 | ) | ||||
Provision for Income Tax | ||||||||||||||||
Net Income (Loss) | $ | (825,078 | ) | $ | (820,307 | ) | $ | (304,932 | ) | $ | (244,430 | ) |
Read more: http://www.faqs.org/sec-filings/130212/MEDICA...z2ixq9VY2g
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