Applied Visual Sciences Inc
OTC:APVS
Income Statement
Earnings Waterfall
Applied Visual Sciences Inc
Income Statement
Applied Visual Sciences Inc
| Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
1
|
1
|
3
|
3
|
5
|
2
|
3
|
4
|
3
|
2
|
3
|
2
|
3
|
3
|
2
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
+72%
|
1
+58%
|
1
-6%
|
1
+2%
|
0
-25%
|
0
-49%
|
0
+16%
|
0
-3%
|
0
+4%
|
0
-14%
|
0
-36%
|
0
-13%
|
0
-21%
|
0
+9%
|
0
-25%
|
0
N/A
|
0
+2%
|
0
-45%
|
0
+20%
|
0
-33%
|
0
+176%
|
0
-10%
|
0
N/A
|
0
N/A
|
0
-93%
|
0
+52%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
(3)
N/A
|
(0)
+86%
|
(0)
+49%
|
(0)
-11%
|
(0)
+38%
|
(0)
-46%
|
(0)
-68%
|
(1)
-288%
|
(1)
+10%
|
(1)
+12%
|
(1)
+10%
|
0
N/A
|
0
-13%
|
0
-31%
|
0
-44%
|
0
-60%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
0
+100%
|
0
N/A
|
0
+227%
|
0
+7%
|
0
N/A
|
0
N/A
|
0
-91%
|
0
+52%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(17)
|
(13)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Selling, General & Administrative |
(18)
|
(13)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(20)
N/A
|
(13)
+34%
|
(10)
+21%
|
(9)
+13%
|
(9)
-3%
|
(9)
+6%
|
(9)
+2%
|
(9)
-7%
|
(8)
+11%
|
(9)
-9%
|
(9)
+3%
|
(8)
+10%
|
(8)
+1%
|
(6)
+18%
|
(6)
+4%
|
(6)
+8%
|
(6)
-6%
|
(6)
+4%
|
(6)
-3%
|
(5)
+6%
|
(4)
+18%
|
(5)
-4%
|
(4)
+12%
|
(4)
+12%
|
(3)
+11%
|
(3)
+14%
|
(2)
+13%
|
(2)
+8%
|
(2)
+5%
|
(2)
+16%
|
(2)
-4%
|
(2)
-13%
|
(2)
N/A
|
(2)
+2%
|
(2)
+16%
|
(1)
+24%
|
(1)
+14%
|
(1)
+11%
|
(1)
+7%
|
(1)
+0%
|
(1)
+2%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(3)
|
(5)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(1)
|
(2)
|
(3)
|
(1)
|
(3)
|
(2)
|
1
|
1
|
3
|
3
|
2
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(20)
N/A
|
(13)
+34%
|
(10)
+21%
|
(9)
+13%
|
(10)
-10%
|
(10)
-2%
|
(12)
-15%
|
(13)
-8%
|
(13)
-1%
|
(11)
+17%
|
(9)
+14%
|
(9)
+1%
|
(8)
+7%
|
(9)
-4%
|
(9)
-1%
|
(7)
+21%
|
(8)
-9%
|
(9)
-12%
|
(7)
+16%
|
(9)
-22%
|
(6)
+29%
|
(4)
+41%
|
(3)
+28%
|
(0)
+95%
|
0
N/A
|
(1)
N/A
|
(2)
-67%
|
(2)
+1%
|
(2)
-3%
|
(2)
+8%
|
(2)
-4%
|
(2)
-29%
|
(2)
+14%
|
(2)
-17%
|
(2)
+20%
|
(1)
+41%
|
(1)
+3%
|
(1)
+30%
|
(1)
+1%
|
(1)
-8%
|
(1)
-13%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(20)
|
(13)
|
(10)
|
(9)
|
(10)
|
(10)
|
(12)
|
(13)
|
(13)
|
(11)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(7)
|
(8)
|
(9)
|
(7)
|
(9)
|
(6)
|
(4)
|
(3)
|
(0)
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
(20)
N/A
|
(13)
+34%
|
(10)
+21%
|
(9)
+13%
|
(10)
-10%
|
(10)
-2%
|
(12)
-15%
|
(13)
-8%
|
(13)
-1%
|
(11)
+17%
|
(9)
+14%
|
(9)
+1%
|
(8)
+7%
|
(9)
-4%
|
(9)
-1%
|
(7)
+21%
|
(8)
-9%
|
(9)
-12%
|
(7)
+16%
|
(9)
-22%
|
(6)
+29%
|
(4)
+41%
|
(3)
+28%
|
(0)
+95%
|
0
N/A
|
(1)
N/A
|
(2)
-67%
|
(2)
+1%
|
(2)
-3%
|
(2)
+8%
|
(2)
-4%
|
(2)
-29%
|
(2)
+14%
|
(2)
-17%
|
(2)
+20%
|
(1)
+41%
|
(1)
+3%
|
(1)
+30%
|
(1)
+1%
|
(1)
-8%
|
(1)
-13%
|
|
| EPS (Diluted) |
-0.63
N/A
|
-0.43
+32%
|
-0.31
+28%
|
-0.26
+16%
|
-0.28
-8%
|
-0.3
-7%
|
-0.35
-17%
|
-0.37
-6%
|
-0.32
+14%
|
-0.28
+12%
|
-0.21
+25%
|
-0.19
+10%
|
-0.19
N/A
|
-0.19
N/A
|
-0.2
-5%
|
-0.16
+20%
|
-0.16
N/A
|
-0.16
N/A
|
-0.13
+19%
|
-0.14
-8%
|
-0.09
+36%
|
-0.05
+44%
|
-0.03
+40%
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.02
+33%
|
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
|