MITD Financials 07/15/2014 20:18:41 MIT Holding,

MITD Financials 07/15/2014 20:18:41
MIT Holding, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,563 3,356 5,933 7,088
Cost of Revenue 694 1,516 2,551 2,612
Gross Profit 869 1,840 3,382 4,476
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,851 2,531 4,449 4,034
Non-Recurring Items 142 200 306 84
Other - 30 33 43
Operating Income (1,124) (922) (1,414) 315
Income From Continuing Operations
Add'l Income/Expense Items - (20) (47) 96
Earnings Before Interest and Tax (1,124) (942) (1,461) 412
Interest Expense 431 195 269 333
Earnings Before Tax (1,555) (1,137) (1,730) 79
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,555) (1,137) (1,730) 79
Non Recurring Events
Discontinued Operations - - 400 -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,555) (1,137) (1,330) 79
Preferred Stock and Other Adjustments - - (108) (90)
Net Income Applicable to Common Shareholders (1,555) (1,137) (1,438) (12)