PWEB Financials 07/16/2014 14:06:49 Pacific Webwo
Post# of 4
Pacific Webworks, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,664 1,082 1,702 8,569
Cost of Revenue 728 223 171 353
Gross Profit 936 860 1,531 8,216
Operating Expenses
Research and Development 236 231 235 386
Sales, General and Admin. 1,419 1,742 2,944 7,288
Non-Recurring Items - - - -
Other 18 36 38 38
Operating Income (737) (1,150) (1,687) 505
Income From Continuing Operations
Add'l Income/Expense Items (292) (272) 39 15
Earnings Before Interest and Tax (1,186) (1,392) (1,692) 520
Interest Expense - - - 65
Earnings Before Tax (1,186) (1,392) (1,692) 455
Income Tax 2,497 (580) (692) 408
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary (211) (85) (21) -
Net Income Cont. Operations (3,893) (896) (1,021) 47
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (3,682) (811) (1,000) 47
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (3,682) (811) (1,000) 47