TOVC Financials 07/16/2014 09:50:27 Torvec, Inc.

TOVC Financials 07/16/2014 09:50:27
Torvec, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue - 60 30 -
Cost of Revenue - 45 17 -
Gross Profit - 15 13 -
Operating Expenses
Research and Development 1,296 1,073 762 469
Sales, General and Admin. 1,532 2,405 2,689 4,471
Non-Recurring Items - - - -
Other - - - -
Operating Income (2,828) (3,463) (3,438) (4,940)
Income From Continuing Operations
Add'l Income/Expense Items 19 35 5 1,889
Earnings Before Interest and Tax (2,809) (3,428) (3,433) (3,051)
Interest Expense - - - -
Earnings Before Tax (2,809) (3,428) (3,433) (3,051)
Income Tax - - - 2
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,809) (3,428) (3,433) (3,053)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,809) (3,428) (3,433) (3,053)
Preferred Stock and Other Adjustments (264) (266) (6,664) (273)
Net Income Applicable to Common Shareholders (3,073) (3,694) (10,097) (3,326)