PTSC Financials 07/16/2014 12:48:00 Patriot Scien

PTSC Financials 07/16/2014 12:48:00
Patriot Scientific Corp.
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 May 31, 2010
Total Revenue - - - 568
Cost of Revenue - - - 4,201
Gross Profit - - - (3,633)
Operating Expenses
Research and Development - - - 1,504
Sales, General and Admin. 1,381 1,995 2,551 6,531
Non-Recurring Items - - - 2,645
Other - - - -
Operating Income (1,381) (1,995) (2,551) (12,764)
Income From Continuing Operations
Add'l Income/Expense Items 291 366 521 (676)
Earnings Before Interest and Tax 1,084 (3,458) (1,429) (10,528)
Interest Expense - - 21 81
Earnings Before Tax 1,084 (3,458) (1,450) (10,608)
Income Tax - (1) 6,238 (3,928)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary 2,174 (1,828) 600 4,461
Net Income Cont. Operations 1,084 (3,457) (7,688) (2,218)
Non Recurring Events
Discontinued Operations 12 (1,364) (3,828) -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,096 (4,820) (11,515) (6,680)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,096 (4,820) (11,515) (6,680)