MGLT Financials 07/16/2014 17:55:49 Magnolia Sola

MGLT Financials 07/16/2014 17:55:49
Magnolia Solar Corp
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 738 648 676 686
Cost of Revenue 460 415 378 464
Gross Profit 278 233 298 221
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 383 1,088 948 588
Non-Recurring Items - - - -
Other 36 38 390 296
Operating Income (141) (892) (1,039) (662)
Income From Continuing Operations
Add'l Income/Expense Items 4 5 - -
Earnings Before Interest and Tax (137) (887) (1,039) (662)
Interest Expense 240 40 1,200 881
Earnings Before Tax (377) (927) (2,240) (1,544)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (373) (921) (2,240) (1,544)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (377) (927) (2,240) (1,544)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (377) (927) (2,240) (1,544)