Merus Labs International Inc
Period Ending Sep 30, 2013 Sep 30, 2012 Sep 30, 2011 Oct 01, 2010
Total Revenue 27,615 9,409 - -
Cost of Revenue 2,385 881 - 112
Gross Profit 25,231 8,528 - (112)
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 7,357 5,262 2,483 2,785
Non-Recurring Items - 23,098 5,817 2,354
Other 10,952 3,924 16 30
Operating Income 5,357 (21,901) (8,316) (5,281)
Income From Continuing Operations
Add'l Income/Expense Items (2,748) 2,330 1,806 1,085
Earnings Before Interest and Tax 4,174 (21,426) (6,510) (4,195)
Interest Expense 5,314 1,490 10 31
Earnings Before Tax (1,140) (22,917) (6,520) (4,226)
Income Tax 542 (1,635) - -
Minority Interest - - - (3)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,683) (21,282) (6,520) (4,223)
Non Recurring Events
Discontinued Operations (1,335) 223 (735) 185
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (3,018) (21,059) (7,256) (4,038)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (3,018) (21,059) (7,256) (4,038)