LNCM Financials 07/16/2014 09:37:50 Lenco Mobile,

LNCM Financials 07/16/2014 09:37:50
Lenco Mobile, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 15,274 15,892 9,500 6,083
Cost of Revenue 6,609 6,349 3,068 1,675
Gross Profit 8,665 9,543 6,432 4,408
Operating Expenses
Research and Development 4,368 5,356 1,215 323
Sales, General and Admin. 9,964 11,513 12,118 6,637
Non-Recurring Items 17,112 9,501 925 -
Other 1,064 1,717 1,138 1,300
Operating Income (23,843) (18,544) (8,964) (3,852)
Income From Continuing Operations
Add'l Income/Expense Items (531) 579 390 410
Earnings Before Interest and Tax (24,374) (17,965) (8,574) (3,442)
Interest Expense 2,150 1,359 41 722
Earnings Before Tax (26,524) (19,324) (8,615) (4,164)
Income Tax 71 39 352 (58)
Minority Interest - 204 (132) (72)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (26,595) (19,567) (8,967) (4,106)
Non Recurring Events
Discontinued Operations - - (21,010) (3,470)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (26,595) (19,567) (29,845) (7,504)
Preferred Stock and Other Adjustments (1,953) (5,042) (6,025) (1,623)
Net Income Applicable to Common Shareholders (28,548) (24,609) (35,870) (9,128)