STREAMLINE HEALTH SOLUTIONS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
UNAUDITED
Three Months Ended Fiscal Year Ended
January 31, January 31,
2009 2008 2009 2008
Revenues:
Systems sales $311,139 $2,111,003 $3,249,270 $3,016,095
Services,
maintenance
and support 2,469,215 2,678,009 10,124,829 10,125,485
Application-hosting
services 595,856 877,967 2,911,559 3,543,067
Total revenues 3,376,210 5,666,979 16,285,658 16,684,647
Operating expenses:
Cost of
systems sales 705,459 1,097,288 3,327,944 2,904,077
Cost of services,
maintenance and
Support 986,649 1,040,509 4,329,026 4,220,093
Cost of application-
hosting services 323,880 264,766 1,207,590 1,083,141
Selling, general
and administrative 1,322,142 1,717,199 6,503,465 6,048,214
Product research
and development 169,961 766,354 2,264,332 3,132,809
Total operating
expenses 3,508,091 4,886,116 17,632,357 17,388,334
Operating profit (loss) (131,881) 780,863 (1,346,699) (703,687)
Other income expense:
Interest income 39 4,697 7,865 22,256
Interest expense (15,893) (2,373) (24,436) (26,221)
Other expense - (4,964) - (16,510)
Earnings (Loss)
before taxes (147,735) 778,223 (1,363,270) (724,162)
Tax (provision)
benefit 1,800 (2,400) (11,700) (11,400)
Net earnings (loss) $(145,935) $775,823 $(1
'/>"/>SOURCE Streamline Health Solutions, Inc. Copyright©2009 PR Newswire. All rights reserved | |
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