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She has previously worked as a lobbyist for the firm and on behalf of food distributor Angliss International of London. possess Tenney easy bursting affording!heiresses endowing online casinos AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, 2008 2007 2008 2007 Revenues: Enterprise content management $2,529,276 $3,504,953 $10,898,926 $5,866,997 IT outsourcing services 2,997,424 880,978 8,758,283 2,861,891 Human resource outsourcing servicing 366,157 246,371 1,338,992 260,188 Total revenues 5,892,857 4,632,302 20,996,201 8,989,076 Operating expenses: Cost of services provided 2,795,573 2,563,277 10,392,030 4,436,764 Selling, general and administrative 3,852,338 2,912,249 11,761,666 6,982,541 Research and development 81,221 168,371 228,258 261,738 Depreciation and amortization 709,320 142,257 2,193,495 224,644 Share-based compensation 207,091 112,118 621,275 258,861 Total operating expenses 7,645,543 5,898,272 25,196,724 12,164,548 Loss from operations (1,752,686) (1,265,970) (4,200,523) (3,175,472) Interest expense (income) Related parties 27,148 27,222 80,853 89,819 Amortization of related party debt discount - - 594,029 Other (net) 64,447 (11,300) 173,583 76,045 Other Expense - (3,115) - (3,102) Total interest and other expense 91,595 12,807 254,436 756,791 Loss before taxes (1,844,281) (1,278,777) (4,454,959) (3,932,263) Income tax expense 18,125 - 110,852 - Net loss (1,862,406) (1,278,777) (4,565,811) (3,932,263) Foreign currency translation gain (loss) (8,372) (40,623) (188,566) (331,180) Comprehensive loss $(1,870,778) $(1,319,400) $(4,754,377) $(4,263,443) Basic and diluted net loss per share $(0. Post a comment in response: |
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