MOST Financials 07/16/2014 11:19:36 MobileSmith,
Post# of 5

MobileSmith, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 339 147 467 1,029
Cost of Revenue 428 161 690 1,306
Gross Profit (89) (14) (223) (277)
Operating Expenses
Research and Development 952 542 375 146
Sales, General and Admin. 2,399 2,150 1,657 2,636
Non-Recurring Items 138 - - 549
Other - - - -
Operating Income (3,578) (2,706) (2,084) (2,993)
Income From Continuing Operations
Add'l Income/Expense Items (21,585) (294) 24 615
Earnings Before Interest and Tax (25,163) (3,000) (2,231) (2,993)
Interest Expense 2,299 1,659 1,308 956
Earnings Before Tax (27,462) (4,660) (3,540) (3,949)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (27,462) (4,660) (3,540) (3,949)
Non Recurring Events
Discontinued Operations (67) 261 - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (27,529) (4,399) (3,540) (3,949)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (27,529) (4,399) (3,540) (3,949)

