Burst.com, Inc.

Profit & Loss Statement (Detail)

April 1 - June 30, 2003

								Burst.com Apr - Jun 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			3,064.00
				Total R & D				3,064.00
				G & A
					Salary & Wage Expense
						Payroll Service		310.86
						Salary - Admin		32,550.00
						Salary - Operations		12,500.01
						Payroll Taxes
							Payroll Tax - Admin	2,490.09
							Payroll Tax Operations	956.25
						Total Payroll Taxes		3,446.34
						Temp Help - Office		2,227.50
						Vacation Accural Admin.		-1,384.62
						Vacation Accural Oper		721.16
					Total Salary & Wage Expense			50,371.25
					Accounting & Auditing Exp
						Acct. Corporate		8,388.22
					Total Accounting & Auditing Exp			8,388.22
					Legal Expense
						Legal Corporate		1,259.51
					Total Legal Expense			1,259.51
					Patent Expense
						Pat. Main. International		4,077.00
						Pat.- Legal Domestic		3,556.54
						Pat. - Legal International		5,043.07
					Total Patent Expense			12,676.61
					Auto Leases			1,486.89
					Bank Charges & Penalties			-150.00
					Computer Maintenance			87.90
					Computer Purchase <$500			427.67
					Fees & Licensese Exp			390.00
					Insurance Key Man			1,547.00
					Internet Web Hosting			191.45
					Meals			59.17
					Misc. Expense			69.99
					Office Supplies			253.60
					Other Expense Misc.			55.26
					Postage			444.75
					Printing - Office			176.09
					Stock Admin Fees			875.13
					Rent - Office			2,895.00
					Storage - Admin			543.00
					Telephone Expense
						Phone - Admin		486.91
						Phone - Office		687.16
						Phone - Operations		350.72
						Phone Internet ISP		313.98
					Total Telephone Expense			1,838.77
					Travel
						Travel - Admin		222.00
						Travel - Operations		806.50
					Total Travel			1,028.50
				Total G & A				84,915.76
				Negotiated Vendor Reductions				-4,300.00
				Depreciation				11,520.82
			Total Expense					95,200.58
	Net Ordinary Income							-54,900.58
	Other Income/Expense
		Other Income
			Interest Income					1,078.20
		Total Other Income						1,078.20
		Other Expense
			Interest Expense
				Interest Exp Disc. Notes				43,709.00
				Interest Exp - Notes				42,206.82
			Total Interest Expense					85,915.82
		Total Other Expense						85,915.82
	Net Other Income							-84,837.62
Net Income								-139,738.20