VRTC Financials 07/15/2014 22:47:37 Veritec, Inc.

VRTC Financials 07/15/2014 22:47:37
Veritec, Inc.
Period Ending Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Total Revenue 587 885 942
Cost of Revenue 245 347 538
Gross Profit 342 538 404
Operating Expenses
Research and Development 207 219 429
Sales, General and Admin. 751 1,149 1,556
Non-Recurring Items - - -
Other - - -
Operating Income (615) (830) (1,582)
Income From Continuing Operations
Add'l Income/Expense Items - - -
Earnings Before Interest and Tax (615) (830) (1,582)
Interest Expense 231 160 140
Earnings Before Tax (846) (990) (1,721)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (846) (990) (1,721)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (846) (990) (1,721)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (846) (990) (1,721)