FDNH Financials 07/16/2014 13:54:58 Foundation He
Post# of 9
Foundation Healthcare Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 93,144 52,976 17,510 20,521
Cost of Revenue - - 6,880 7,144
Gross Profit 93,144 52,976 10,630 13,377
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 84,032 45,242 13,744 15,822
Non-Recurring Items 23,505 200 896 10,440
Other 5,093 2,594 1,111 1,279
Operating Income (19,486) 4,939 (5,121) (14,163)
Income From Continuing Operations
Add'l Income/Expense Items 8,252 274 (15) (205)
Earnings Before Interest and Tax (19,341) 5,040 (5,135) (14,368)
Interest Expense 2,171 1,264 1,268 1,223
Earnings Before Tax (21,513) 3,776 (6,404) (15,592)
Income Tax 815 - 14 118
Minority Interest 4,345 47 (232) (154)
Equity Earnings Unconsolidated Subsidiary - (173) - -
Net Income Cont. Operations (18,565) 3,555 (6,418) (15,710)
Non Recurring Events
Discontinued Operations (839) - 291 (3,580)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (19,405) 3,729 (5,894) (19,136)
Preferred Stock and Other Adjustments (1,022) (1,275) - -
Net Income Applicable to Common Shareholders (20,427) 2,454 (5,894) (19,136)