DATATRAK International, Inc. Announces Fourth Quarter and Full Year Result...(7) Net income (loss) per share: ...),Health

Date:3/16/2009

7) Net income (loss) per share: Basic: Net income (loss) per share $0.22 $(0.18) Weighted average shares outstanding 13,681,901 13,681,901 Diluted: Net income (loss) per share $0.22 $(0.18) Weighted average shares outstanding 13,751,901 13,681,901 DATATRAK International, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (Unaudited) For the Twelve Months Ended December 31, 2008 2007 Revenue $8,826,060 $10,561,868 Direct costs 2,832,971 4,582,829 Gross profit 5,993,089 5,979,039 Selling, general and administrative expenses 10,178,631 13,096,953 Severance expense 775,361 915,117 Depreciation and amortization 1,343,298 2,721,966 Liquidation of foreign subsidiary 380,798 --- Impairment loss 12,787,834 213,209 Loss from operations (19,472,833) (10,968,206) Interest income 115,967 440,158 Interest expense (34,044) (369,755) Other expense (20,695) (1,700) Settlement of ClickFind lawsuit 3,000,000 --- Loss before income taxes (16,411,605) (10,899,503) Income tax expense (benefit) 385,000 (46,000) Net los
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