BSPE Financials 07/16/2014 14:33:14 Blacksands Pe

BSPE Financials 07/16/2014 14:33:14
Blacksands Petroleum, Inc.
Period Ending Oct 31, 2013 Oct 31, 2012 Oct 31, 2011 Oct 31, 2010
Total Revenue 1,690 1,589 1,890 1,261
Cost of Revenue 766 770 683 757
Gross Profit 925 819 1,207 504
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,443 1,842 2,400 1,925
Non-Recurring Items 5,520 1,178 2,008 164
Other 1,009 711 866 573
Operating Income (7,048) (2,913) (4,067) (2,158)
Income From Continuing Operations
Add'l Income/Expense Items 56 64 (84) (914)
Earnings Before Interest and Tax (6,992) (2,848) (4,150) (730)
Interest Expense 1,402 450 1,943 51
Earnings Before Tax (8,394) (3,298) (6,093) (782)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - 2,341
Net Income Cont. Operations (8,394) (3,298) (6,093) 1,560
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (8,394) (3,298) (6,093) (782)
Preferred Stock and Other Adjustments (200) (200) (200) (924)
Net Income Applicable to Common Shareholders (8,594) (3,498) (6,293) (1,705)