ILNS Financials 07/16/2014 07:27:32 Intellect Neu

ILNS Financials 07/16/2014 07:27:32
Intellect Neurosciences, Inc.
Period Ending Jun 30, 2013 Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Total Revenue - 6,500 - -
Cost of Revenue - - - -
Gross Profit - 6,500 - -
Operating Expenses
Research and Development 222 996 106 59
Sales, General and Admin. 4,125 5,220 3,426 4,234
Non-Recurring Items - - - -
Other - - - -
Operating Income (4,348) 284 (3,532) (4,293)
Income From Continuing Operations
Add'l Income/Expense Items 1,974 7,194 8,984 11,940
Earnings Before Interest and Tax (2,374) 7,478 5,452 7,647
Interest Expense 6,682 5,581 4,371 40,695
Earnings Before Tax (9,056) 1,897 1,081 (33,048)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (9,056) 1,897 1,155 (33,048)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (9,056) 1,897 1,081 (33,048)
Preferred Stock and Other Adjustments (700) - (950) -
Net Income Applicable to Common Shareholders (9,756) 1,897 131 (33,048)