USGIF Financials 07/16/2014 10:35:04 U.S. Silver

USGIF Financials 07/16/2014 10:35:04
U.S. Silver & Gold Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 64,187 94,936 88,945 62,384
Cost of Revenue 63,187 71,475 47,409 46,231
Gross Profit 1,000 23,461 41,536 16,153
Operating Expenses
Research and Development 2,301 8,415 3,836 1,728
Sales, General and Admin. 8,932 9,640 5,437 3,619
Non-Recurring Items 1,357 17,165 - 1,011
Other 10,516 10,760 6,737 -
Operating Income (22,106) (22,519) 25,526 9,795
Income From Continuing Operations
Add'l Income/Expense Items 2,583 (61) (4,242) (4,856)
Earnings Before Interest and Tax (19,523) (22,580) 21,300 4,939
Interest Expense 1,856 251 - 110
Earnings Before Tax (21,379) (22,831) 21,300 4,829
Income Tax (5,755) (4,990) 8,947 2,229
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (15,624) (17,841) 12,353 2,600
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (15,624) (17,841) 12,353 2,600
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (15,624) (17,841) 12,353 2,600