mdhi on the june 30, 2011 report we have a net inc

mdhi on the june 30, 2011 report we have a net income of $232,000 to the good . the net is what is left out of the gross after all other expenses are taken out . so that would show a start of the profitability here if I am wrong on this matter please let me know.

Medical Alarm Concepts Holding, Inc. (MDHI)

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View: Annual Data | Quarterly Data All numbers in thousands Period Ending Jun 30, 2011 Mar 31, 2011 Dec 31, 2010 Sep 30, 2010 Total Revenue 34 217 107 95 Cost of Revenue 22 63 42 42 Gross Profit 13 155 64 53 Operating Expenses Research Development (74) - 72 3 Selling General and Administrative 637 189 528 286 Non Recurring - - - - Others (316) 105 105 105 Total Operating Expenses - - - - Operating Income or Loss (234) (140) (641) (342) Income from Continuing Operations Total Other Income/Expenses Net 1,299 132 220 346 Earnings Before Interest And Taxes 1,065 (9) (421) 4 Interest Expense 833 71 72 71 Income Before Tax 232 (80) (493) (67) Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops 232 (80) (493) (67) Non-recurring Events Discontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - Other Items - - - - Net Income 232 (80) (493) (67) Preferred Stock And Other Adjustments - - - - Net Income Applicable To Common Shares 232 (80) (493) (67)

reference source

http://finance.yahoo.com/q/is?s=mdhi