LYNS Financials 07/16/2014 07:31:35 Lightyear Net

LYNS Financials 07/16/2014 07:31:35
Lightyear Network Solutions, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 66,441 70,496 52,301
Cost of Revenue 44,281 45,158 35,089
Gross Profit 22,160 25,337 17,213
Operating Expenses
Research and Development - - -
Sales, General and Admin. 20,687 23,339 18,591
Non-Recurring Items 1,978 1,178 964
Other 1,304 1,692 576
Operating Income (1,809) (872) (2,917)
Income From Continuing Operations
Add'l Income/Expense Items 61 842 3,594
Earnings Before Interest and Tax (1,748) (30) 677
Interest Expense 515 687 620
Earnings Before Tax (2,263) (717) 57
Income Tax - (124) (1,541)
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (2,263) (593) 1,597
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (2,263) (593) 1,597
Preferred Stock and Other Adjustments - (11,836) (1,095)
Net Income Applicable to Common Shareholders (2,263) (12,429) 502