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322,801297,267Deferred income taxes
800,000800,000Total current assets
12,983,2359,746,993Other non-current assets
121,957116,360Net property, plant & equipment
2,028,0791,979,438Deferred income taxes
7,600,0007,600,000Total assets
$
22,733,271$
9,442,791Accounts payable
$
748,848$
,076,994Dividend payable
1,695,35520,600Accrued expenses and other current liabilities
1,056,239825,991Accrued compensation
1,497,648369,825Total current liabilities
4,998,0902,293,410Deferred rent
101,863101,133Deferred grant income
95,065107,481Deferred income taxes
195,593188,177Total liabilities
5,390,6112,690,201Total stockholders' equity
17,342,66016,752,590Total liabilities and stockholders' equity
$
22,733,271$
9,442,791 The Female Health CompanyUnaudited Condensed Consolidated Income Statements
Three Months Ended
March 31,20122011Net revenues
$
7,831,364$
4,287,245Cost of sales
3,270,3952,480,011Gross profit
4,560,9691,807,234Operating expenses
2,397,7381,705,949Operating income
2,163,231101,285Interest, net and other income (expense)
257(3,094)Foreign currency transaction loss
(32,223)(25,323)Income before income taxes
2,131,26572,868Income tax expense (benefit)
226,836(8,130)Net income
$
,904,429$
80,998Net income per basic common share outstanding
$ 0.07$ 0.00Basic weighted average common shares outstanding
27,557,58727,301,422Net income per diluted common share outstanding
$ 0.07$ 0.00Diluted weighted average common shares outstanding
29,047,01128,992,322 The Female Health CompanyUnaudited Condensed Consolidated Income Statements Six Months Ended
March 31,20122
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