2007 2006 2007 2006
Revenue:
Equipment sales $ 379,100 $ 209,500 $ 1,593,706 $ 1,352,486
Equipment rental 56,707 84,769 255,247 418,979
Service/contract
income 2,674 1,267 29,887 18,081
438,481 295,536 1,878,840 1,789,546
Cost of Sales 18,939 1,483 66,413 90,447
Gross Profit 419,542 294,053 1,812,427 1,699,099
Expenses:
Selling, general
and administrative 447,678 685,958 2,381,310 3,018,624
Total Expenses 447,678 685,958 2,381,310 3,018,624
Operating Loss (28,136) (391,905) (568,883) (1,319,525)
Other Income:
Interest income 14,558 16,338 56,773 46,783
Gain on sale of
property and
equipment - - 8,099 -
Total Other
Income 14,558 16,338 64,872 46,783
Net Loss $ (13,578) $ (375,567) $ (504,011) $(1,272,742)
Basic and Diluted
Net Loss
per Share $ (.00) $ (.01) $ (.01) $ (.04)
Weighted Average
Shares
Outstanding 39,620,262 39,714,469 39,793,320 35,219,474
Balance Sheet Data
June 30, 2007 June 30, 2006
Cash and cash
equivalents $ 1,376,632 $ 1,722,913
Total current assets 1,976,825 2,257,390
Total assets 2,020,385 2,345,949
Total current liabilities 582,124
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