FLXT Financials 07/15/2014 21:29:01 Flexpoint Sen

FLXT Financials 07/15/2014 21:29:01
Flexpoint Sensor Systems, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 101 48 72 96
Cost of Revenue 20 8 13 15
Gross Profit 81 39 60 81
Operating Expenses
Research and Development 238 254 267 328
Sales, General and Admin. 682 846 1,017 939
Non-Recurring Items - 209 251 -
Other 107 104 108 110
Operating Income (945) (1,373) (1,583) (1,296)
Income From Continuing Operations
Add'l Income/Expense Items 134 371 - (24)
Earnings Before Interest and Tax (811) (1,002) (1,583) (1,321)
Interest Expense 149 48 34 517
Earnings Before Tax (960) (1,050) (1,617) (1,837)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (960) (1,050) (1,617) (1,837)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (960) (1,050) (1,617) (1,837)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (960) (1,050) (1,617) (1,837)