"How do we expect the market to wake up, take notice and get excited about the opportunity at hand when many here remain so cautious?"
The numbers are beginning to speak for themselves. More revenues with larger margins yielding profitability.
|
For the three months ended
|
|
|
For the nine months ended
|
|
| |
|
December 31,
|
|
|
December 31,
|
|
| |
|
2008
|
|
|
2007
|
|
|
2008
|
|
|
2007
|
|
| |
|
|
|
|
(as restated)
|
|
|
|
|
|
(as restated)
|
|
| |
|
$
|
|
|
$
|
|
|
$
|
|
|
$
|
|
|
REVENUES:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Products and services
|
|
|
256,033 |
|
|
|
1,190,847 |
|
|
|
808,190 |
|
|
|
4,811,262 |
|
|
Patent licensing
|
|
|
3,650,000 |
|
|
|
- |
|
|
|
5,250,000 |
|
|
|
- |
|
|
Total revenue
|
|
|
3,906,033 |
|
|
|
1,190,847 |
|
|
|
6,058,190 |
|
|
|
4,811,262 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GROSS PROFIT:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Products and services
|
|
|
102,469 |
|
|
|
396,351 |
|
|
|
334,959 |
|
|
|
1,239,864 |
|
|
Patent licensing
|
|
|
2,184,081 |
|
|
|
- |
|
|
|
3,222,755 |
|
|
|
- |
|
|
Total gross profit
|
|
|
2,286,550 |
|
|
|
396,351 |
|
|
|
3,557,714 |
|
|
|
1,239,864 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RECONCILIATION:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total segment gross profit
|
|
|
2,286,550 |
|
|
|
396,351 |
|
|
|
3,557,714 |
|
|
|
1,239,864 |
|
|
Operating expenses
|
|
|
(688,919 |
) |
|
|
(727,597 |
) |
|
|
(2,131,061 |
) |
|
|
(2,166,936 |
) |
|
Other income (expense)
|
|
|
(49,836 |
) |
|
|
(66,125 |
) |
|
|
(312,898 |
) |
|
|
(221,445 |
) |
|
Income (loss) before provision for income taxes
|
|
|
1,547,795 |
|
|
|
(397,371 |
) |
|
|
1,113,755 |
|
|
|
(1,148,517 |
) |
