FY 2011 Earnings

Reported September 30, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$79.2K	—	$607.0K	—	-87.0%
Op. Income	-$1M	—	-$574.8K	—	-104.7%
Gross Margin	55.1%	—	16.7%	—	38.4pp
Net Margin	-1875.1%	—	-152.1%	—	-1723.0pp
EPS (Diluted)	$-0.09	—	$-1.20	—	92.5%

Income Statement

Item	Amount
REVENUE	$79.2K
Cost of Revenue	$35.5K
GROSS PROFIT	$43.6K
R&D Expenses	$619.4K
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$572.3K
Other Expenses	$28.6K
Operating Expenses	$1M
Cost & Expenses	$1M
OPERATING INCOME	-$1M
Interest Income	$2.9K
Interest Expense	$308.5K
Other Income/Expenses	-$307.8K
INCOME BEFORE TAX	-$1M
Income Tax Expense	$0
Net Income from Continuing Ops	-$1M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$1M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$1M
D&A	$63.0K
EBIT	-$1M
EBITDA	-$1M
EPS	-$0
EPS Diluted	-$0