PPRO Financials 07/16/2014 10:48:49 Patent Proper
Post# of 4
Patent Properties, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 2,092 32,302 - -
Cost of Revenue 752 10,763 - -
Gross Profit 1,340 21,539 - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 14,159 7,023 2,973 15,893
Non-Recurring Items 1,563 3,218 - -
Other - - - -
Operating Income (14,382) 11,298 (2,973) (15,893)
Income From Continuing Operations
Add'l Income/Expense Items 13 - 15 2
Earnings Before Interest and Tax (14,369) 11,298 (2,958) (15,891)
Interest Expense - - - 223
Earnings Before Tax (14,369) 11,298 (2,958) (16,114)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (14,369) 11,298 (2,958) (16,114)
Non Recurring Events
Discontinued Operations - - 2,612 840
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (14,369) 11,298 (346) (15,274)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (14,369) 11,298 (346) (15,274)