|
|
|
|
|
|
|
|
Jan - Mar 03 |
|
Ordinary Income/Expense |
|
|
Income |
|
|
|
Burstware Lisc. Fees |
40,300.00 |
|
Total Income |
|
40,300.00 |
|
Gross Profit |
|
40,300.00 |
|
Expense |
|
|
|
R & D |
|
|
|
Professional Svs. -
R&D |
7,000.00 |
|
Total R & D |
|
7,000.00 |
|
G & A |
|
|
|
Salary & Wage Expense |
|
|
Payroll Service |
1,005.35 |
|
Ins NF |
-180.00 |
|
Salary - Admin |
26,975.00 |
|
Salary - Operations |
10,416.68 |
|
Payroll Taxes |
|
|
Payroll Tax - Admin |
2,940.49 |
|
Payroll Tax Operations |
1,042.12 |
|
Total Payroll Taxes |
3,982.61 |
|
Insurance Medical |
300.00 |
|
Temp Help - Office |
1,657.50 |
|
Vacation Accural Admin. |
2,307.69 |
|
Vacation Accural Oper |
721.15 |
|
Total Salary & Wage
Expense |
47,185.98 |
|
Accounting & Auditing
Exp |
|
|
Acct. Corporate |
24,196.48 |
|
Total Accounting &
Auditing Exp |
24,196.48 |
|
Legal Expense |
|
|
Legal Corporate |
3,142.69 |
|
Legal SEC Filings |
195.00 |
|
Legal Contract
Negotiations |
1,695.00 |
|
Total Legal Expense |
5,032.69 |
|
Patent Expense |
|
|
Pat. Main. Domestic |
3,418.00 |
|
Pat. Main. International |
1,513.00 |
|
Pat.- Legal Domestic |
1,477.51 |
|
Pat. - Legal
International |
3,037.45 |
|
Total Patent Expense |
9,445.96 |
|
Auto Leases |
1,486.89 |
|
Bank Charges &
Penalties |
100.00 |
|
Computer Maintenance |
555.52 |
|
Computer Purchase
<$500 |
126.38 |
|
Dues & Subscriptions |
179.40 |
|
Fees & Licensese Exp |
362.57 |
|
Insurance Bus/Liability |
2,276.98 |
|
Insurance Key Man |
741.00 |
|
Internet Web Hosting |
358.35 |
|
Office Supplies |
24.81 |
|
Postage |
449.32 |
|
Stock Admin Fees |
512.65 |
|
Rent - Office |
1,890.00 |
|
Storage - Admin |
362.00 |
|
Telephone Expense |
|
|
Phone - Admin |
856.14 |
|
Phone - Office |
726.08 |
|
Phone - Operations |
330.92 |
|
Phone Internet ISP |
248.04 |
|
Total Telephone Expense |
2,161.18 |
|
Travel |
|
|
|
Travel - Admin |
309.88 |
|
Travel - Operations |
848.50 |
|
Total Travel |
1,158.38 |
|
Total G & A |
98,606.54 |
|
Negotiated Vendor
Reductions |
-6,457.50 |
|
Depreciation |
11,520.82 |
|
Total Expense |
|
110,669.86 |
|
Net Ordinary Income |
|
-70,369.86 |
|
Other Income/Expense |
|
|
Other Income |
|
|
|
Interest Income |
1,858.50 |
|
Total Other Income |
1,858.50 |
|
Other Expense |
|
|
|
Interest Expense |
|
|
Interest Exp Disc. Notes |
43,709.00 |
|
Interest Exp - Notes |
39,069.48 |
|
Total Interest Expense |
82,778.48 |
|
Other Income (Expense) |
|
|
Income Tax Expense -
State |
800.00 |
|
Total Other Income
(Expense) |
800.00 |
|
Total Other Expense |
83,578.48 |
|
Net Other Income |
|
-81,719.98 |
| Net
Income |
|
-152,089.84 |
|
|
|
|
|
|
|
|
|
|
|