ADFS Financials 07/16/2014 15:48:07 American Defe

ADFS Financials 07/16/2014 15:48:07
American Defense Systems, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 6,134 8,702 31,434
Cost of Revenue 3,457 5,329 21,408
Gross Profit 2,677 3,373 10,026
Operating Expenses
Research and Development 71 198 745
Sales, General and Admin. 3,323 5,577 11,663
Non-Recurring Items - 282 -
Other 222 618 1,304
Operating Income (939) (3,302) (3,685)
Income From Continuing Operations
Add'l Income/Expense Items (99) 10,365 (1,084)
Earnings Before Interest and Tax (1,037) 7,063 (4,769)
Interest Expense - 236 3,396
Earnings Before Tax (1,037) 6,827 (8,165)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (1,037) 6,827 (8,165)
Non Recurring Events
Discontinued Operations (27) 2,540 (1,217)
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (1,064) 9,367 (9,382)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (1,064) 9,367 (9,382)