SOMD Financials Monday, July 14, 2014 11:03:53 PM

SOMD Financials Monday, July 14, 2014 11:03:53 PM
Studio One Media, Inc.
Period Ending Jun 30, 2013 Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Total Revenue 278 225 522 206
Cost of Revenue 323 965 1,031 383
Gross Profit (45) (740) (509) (177)
Operating Expenses
Research and Development - - - 6
Sales, General and Admin. 3,034 3,900 6,459 4,813
Non-Recurring Items - 1,145 - -
Other 215 493 341 236
Operating Income (3,294) (6,279) (7,309) (5,231)
Income From Continuing Operations
Add'l Income/Expense Items 183 - (811) 106
Earnings Before Interest and Tax (3,111) (6,279) (8,121) (5,125)
Interest Expense 1,363 1,203 983 207
Earnings Before Tax (4,474) (7,482) (9,103) (5,332)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (4,285) (7,482) (9,992) (5,234)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (4,474) (7,482) (9,103) (5,332)
Preferred Stock and Other Adjustments (68) (392) (548) (86)
Net Income Applicable to Common Shareholders (4,534) (7,874) (9,651) (5,418)