ITCC Financials 07/15/2014 23:50:28 InsPro Techno
Post# of 5
InsPro Technologies Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 14,802 12,146 9,058 6,077
Cost of Revenue 11,627 11,734 6,949 6,564
Gross Profit 3,175 412 2,109 (486)
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 5,135 4,160 4,092 4,511
Non-Recurring Items - - - -
Other 161 149 687 877
Operating Income (2,121) (3,896) (2,671) (5,874)
Income From Continuing Operations
Add'l Income/Expense Items 25 (4,429) 3,183 3,621
Earnings Before Interest and Tax (2,096) (8,325) 513 (2,253)
Interest Expense 39 79 24 247
Earnings Before Tax (2,135) (8,404) 489 (2,500)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,135) (8,404) 489 (2,500)
Non Recurring Events
Discontinued Operations 392 521 - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,743) (7,883) 489 (2,500)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (1,743) (7,883) 489 (2,500)