Cost of products
sold 737,230 777,076 1,492,721 1,510,294
Selling and
marketing 3,644,796 4,383,802 7,008,802 8,523,989
Research and
development 918,460 2,630,725 2,028,402 3,400,842
General and
administrative 1,021,639 1,236,435 2,104,733 2,681,298
Amortization of
product license
right 171,726 171,726 343,452 343,452
Other 25,193 26,733 51,222 54,196
------ ------ ------ ------
Total costs and
expenses 6,519,044 9,226,497 13,029,332 16,514,071
--------- --------- ---------- ----------
Operating income 1,838,488 594,116 3,632,027 2,711,141
Interest income 50,647 10,160 133,019 27,756
Interest expense (10,377) (84,224) (123,981) (181,935)
------- ------- -------- ---------
Net income before
income taxes 1,878,758 520,052 3,641,065 2,556,962
Income tax
expense (820,335) (232,637) (1,187,392) (1,063,696)
-------- -------- ----------- ----------
Net income 1,058,423 287,415 2,453,673 1,493,266
Net loss at
subsidiary
attributable to
noncontrolling
interests - 8,456 - 20,695
--- ----- --- ------
Net income
attributable to
common
shareholders $1,058,423 $295,871 $2,453,673 $1,513,961
========== ======== ========== ==========
Earnings per
share
'/>"/>SOURCE Cumberland Pharmaceuticals Inc. Copyright©2009 PR Newswire. All rights reserved | |
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