Verity Corp.
Period Ending Sep 30, 2013 Sep 30, 2012 Sep 30, 2011 Sep 30, 2010
Total Revenue 2,411 450 590 139
Cost of Revenue 1,254 114 193 6
Gross Profit 1,157 336 397 133
Operating Expenses
Research and Development 36 1 10 1
Sales, General and Admin. 2,436 787 691 519
Non-Recurring Items - - 320 618
Other 114 - - -
Operating Income (1,428) (452) (624) (1,005)
Income From Continuing Operations
Add'l Income/Expense Items (5,993) (69) 33 -
Earnings Before Interest and Tax (1,478) (521) (591) (1,005)
Interest Expense 232 147 15 4
Earnings Before Tax (1,710) (668) (606) (1,009)
Income Tax - - - -
Minority Interest (68) (31) (42) -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (7,585) (637) (564) (1,009)
Non Recurring Events
Discontinued Operations (
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (7,593) (623) (564) (1,009)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (7,593) (623) (564) (1,009)