DRNE Financials 07/16/2014 02:07:23 Drone Aviatio
Post# of 22
Drone Aviation Holding Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,454 2,434 1,404 638
Cost of Revenue 854 1,030 579 319
Gross Profit 600 1,404 825 319
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 778 1,432 2,013 1,747
Non-Recurring Items - - - -
Other - - 125 249
Operating Income (178) (28) (1,313) (1,677)
Income From Continuing Operations
Add'l Income/Expense Items 7 (4,028) (98) (108)
Earnings Before Interest and Tax (171) (4,056) (1,411) (1,785)
Interest Expense 69 1,998 171 139
Earnings Before Tax (241) (6,054) (1,582) (1,924)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (241) (6,054) (1,582) (1,924)
Non Recurring Events
Discontinued Operations - (2,204) (953) -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (241) (8,259) (2,534) (1,924)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (241) (8,259) (2,534) (1,924)