VCSY Financials Tuesday, July 15, 2014 6:51:01 PM
Post# of 5
Posted On: 07/15/2014 6:51:01 PM
VCSY Financials Tuesday, July 15, 2014 6:51:01 PM
Vertical Computer Systems, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 6,057 5,471 6,273 5,908
Cost of Revenue 2,446 2,906 2,531 1,620
Gross Profit 3,611 2,565 3,742 4,288
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 3,259 3,190 3,320 4,023
Non-Recurring Items 52 76 15 (10)
Other 53 60 68 51
Operating Income 247 (761) 339 223
Income From Continuing Operations
Add'l Income/Expense Items (2,017) (108) 7 101
Earnings Before Interest and Tax (1,770) (849) 346 324
Interest Expense 833 687 513 570
Earnings Before Tax (2,603) (1,535) (168) (245)
Income Tax - - - -
Minority Interest (109) (65) (101) (95)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,494) (1,490) (67) (150)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,494) (1,490) (67) (150)
Preferred Stock and Other Adjustments (588) (588) (588) (588)
Net Income Applicable to Common Shareholders (3,082) (2,078) (655) (738)
Vertical Computer Systems, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 6,057 5,471 6,273 5,908
Cost of Revenue 2,446 2,906 2,531 1,620
Gross Profit 3,611 2,565 3,742 4,288
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 3,259 3,190 3,320 4,023
Non-Recurring Items 52 76 15 (10)
Other 53 60 68 51
Operating Income 247 (761) 339 223
Income From Continuing Operations
Add'l Income/Expense Items (2,017) (108) 7 101
Earnings Before Interest and Tax (1,770) (849) 346 324
Interest Expense 833 687 513 570
Earnings Before Tax (2,603) (1,535) (168) (245)
Income Tax - - - -
Minority Interest (109) (65) (101) (95)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,494) (1,490) (67) (150)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,494) (1,490) (67) (150)
Preferred Stock and Other Adjustments (588) (588) (588) (588)
Net Income Applicable to Common Shareholders (3,082) (2,078) (655) (738)
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