Condensed Consolidated Statements of Operations | |||
Excluding Share-based Compensation (Non-GAAP Presentation) | |||
Three Months Ended | |||
April 2, 2011 | April 3, 2010 | ||
Sales | $ 2,539,245 | $ 1,937,592 | |
Cost of sales | 1,518,850 | 1,119,619 | |
Gross profit | 1,020,395 | 817,973 | |
Operating expenses: | |||
Sales and marketing | 445,507 | 224,619 | |
General and administrative | 985,815 | 502,434 | |
1,431,322 | 727,053 | ||
Operating (loss) income | (410,927) | 90,920 | |
Nonoperating (income) expenses: | |||
Interest expense | 8,873 | 5,699 | |
Interest income | (434) | (120) | |
8,439 | 5,579 | ||
Net (loss) income | $ (419,366) | $ 85,341 | |
Basic and Diluted | |||
(loss) income per common share | $ (0.01) | $ 0.00 | |
Basic and Diluted | |||
average common shares outstanding | 62,944,298 | 28,838,216 | |
