UREE Financials 07/16/2014 08:21:43 U.S. Rare Ear

UREE Financials 07/16/2014 08:21:43
U.S. Rare Earths Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue - - 3,051 3,891
Cost of Revenue - - 1,995 2,854
Gross Profit - - 1,057 1,037
Operating Expenses
Research and Development 1,330 423 2,027 -
Sales, General and Admin. 3,429 6,012 17,829 2,191
Non-Recurring Items 326 - 15,678 2,624
Other - - - 22
Operating Income (5,085) (6,435) (34,477) (3,800)
Income From Continuing Operations
Add'l Income/Expense Items (12,675) - (4,222) 1
Earnings Before Interest and Tax (17,760) (6,435) (38,700) (3,799)
Interest Expense 19 139 19 -
Earnings Before Tax (17,779) (6,574) (38,718) (3,799)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (17,779) (6,574) (38,718) (3,799)
Non Recurring Events
Discontinued Operations (58) (187) - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (17,837) (6,761) (38,718) (3,799)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (17,837) (6,761) (38,718) (3,799)