2007 2006 2007 2006
REVENUE:
PCT products, services,
other $106,787 $92,211 $281,084 $174,409
Grant revenue 31,26 - 190,715 -
Total revenue 138,052 92,211 471,799 174,409
COSTS AND EXPENSES:
Cost of PCT products and
services 42,276 90,037 131,558 188,688
Research and development 519,303 324,525 1,518,851 984,844
Selling and marketing 379,448 127,419 986,801 322,803
General and administrative 578,238 380,065 1,683,782 1,665,172
Total operating costs and
expenses 1,519,265 922,046 4,320,992 3,161,507
Operating loss from
continuing operations (1,381,213) (829,835) (3,849,193) (2,987,098)
OTHER INCOME:
Realized gain on securities
available for sale - - 2,028,720 517,938
Interest income 75,732 88,190 227,816 305,982
Total other income 75,732 88,190 2,256,536 823,920
Loss from continuing
operations before income
taxes (1,305,481) (741,645) (1,592,657) (2,163,178)
Income tax benefit from
continuing operations 209,503 111,106 253,539 408,344
Loss from continuing
operations (1,095,978) (630,539) (1,339,118) (1,754,834)
DISCONTINUED OPERATIONS:
Gain on sale of net assets
related to discontinued
operations (net of income
tax of $218,060) - - 1,155,973 -
Net loss $(1,095,978) $(630,539) $(183,145)$(1,
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