NETEW Financials 07/16/2014 05:52:43 Net Element,

NETEW Financials 07/16/2014 05:52:43
Net Element, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 18,749 1,385 183 -
Cost of Revenue 13,375 833 596 -
Gross Profit 5,375 552 (413) -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 28,166 12,089 24,331 -
Non-Recurring Items 19,712 1,638 - 173
Other 2,243 266 312 -
Operating Income (44,746) (13,441) (25,056) (173)
Income From Continuing Operations
Add'l Income/Expense Items (160) 2 (46) 14
Earnings Before Interest and Tax (47,886) (13,068) (25,273) (159)
Interest Expense - - - -
Earnings Before Tax (47,886) (13,068) (25,273) (159)
Income Tax 213 156 - -
Minority Interest (1,129) (133) (420) -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (46,970) (13,090) (24,853) (159)
Non Recurring Events
Discontinued Operations (1,340) (3,300) - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (48,309) (16,390) (24,853) (159)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (48,309) (16,390) (24,853) (159)