SPND Financials Monday, July 14, 2014 10:58:05 PM

SPND Financials Monday, July 14, 2014 10:58:05 PM
Spindletop Oil & Gas Co.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 13,466 12,028 9,257 7,498
Cost of Revenue 2,524 2,631 2,444 1,901
Gross Profit 10,942 9,397 6,813 5,597
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 4,906 4,821 4,334 4,458
Non-Recurring Items - - - -
Other 2,031 1,687 1,186 1,090
Operating Income 4,005 2,889 1,293 49
Income From Continuing Operations
Add'l Income/Expense Items 81 78 83 158
Earnings Before Interest and Tax 4,086 2,967 1,376 207
Interest Expense 17 29 55 84
Earnings Before Tax 4,069 2,938 1,321 123
Income Tax 527 (721) (432) (324)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 3,542 3,659 1,753 447
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 3,542 3,659 1,753 447
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 3,542 3,659 1,753 447