AVAX Technologies Inc
OTC:AVXT
Income Statement
Earnings Waterfall
AVAX Technologies Inc
Income Statement
AVAX Technologies Inc
| Dec-1996 | Mar-1997 | Jun-1997 | Sep-1997 | Dec-1997 | Mar-1998 | Jun-1998 | Sep-1998 | Dec-1998 | Mar-1999 | Jun-1999 | Sep-1999 | Dec-1999 | Mar-2000 | Jun-2000 | Sep-2000 | Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
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
|
0
N/A
|
0
N/A
|
0
-56%
|
0
+236%
|
0
+8%
|
0
-45%
|
1
+145%
|
0
-35%
|
1
+57%
|
1
+33%
|
1
+6%
|
1
+22%
|
1
+16%
|
1
+11%
|
1
-23%
|
1
+13%
|
1
+12%
|
1
-7%
|
2
+54%
|
2
+23%
|
2
-14%
|
2
+3%
|
2
-12%
|
1
-36%
|
1
+6%
|
1
-23%
|
1
-14%
|
1
+1%
|
1
-30%
|
1
-1%
|
1
+20%
|
1
-4%
|
1
+6%
|
1
+16%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
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
|
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
|
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
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(12)
|
(14)
|
(19)
|
(14)
|
(16)
|
(13)
|
(15)
|
(12)
|
(14)
|
(10)
|
(9)
|
(7)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
|
| Selling, General & Administrative |
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
| Research & Development |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
| Depreciation & Amortization |
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
|
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
|
(5)
|
0
|
(2)
|
0
|
(3)
|
0
|
(3)
|
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 |
(2)
N/A
|
(3)
-53%
|
(4)
-35%
|
(5)
-10%
|
(5)
-15%
|
(6)
-8%
|
(6)
-7%
|
(7)
-9%
|
(7)
-1%
|
(7)
-3%
|
(7)
-5%
|
(8)
-7%
|
(9)
-13%
|
(9)
-9%
|
(10)
-10%
|
(12)
-16%
|
(14)
-14%
|
(19)
-41%
|
(14)
+26%
|
(16)
-12%
|
(12)
+22%
|
(15)
-18%
|
(11)
+25%
|
(13)
-21%
|
(9)
+29%
|
(8)
+14%
|
(6)
+31%
|
(4)
+23%
|
(3)
+24%
|
(3)
+3%
|
(4)
-23%
|
(4)
-2%
|
(3)
+15%
|
(3)
+14%
|
(3)
-21%
|
(3)
+7%
|
(4)
-19%
|
(5)
-22%
|
(5)
-1%
|
(5)
-16%
|
(5)
0%
|
(5)
+0%
|
(6)
-5%
|
(6)
-10%
|
(7)
-6%
|
(7)
-10%
|
(8)
-4%
|
(8)
+1%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
1
|
1
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(1)
|
(0)
|
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
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
0
|
(5)
|
0
|
(3)
|
0
|
(3)
|
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)
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(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
|
|
| Pre-Tax Income |
(2)
N/A
|
(2)
-51%
|
(3)
-35%
|
(4)
-14%
|
(4)
-20%
|
(5)
-10%
|
(5)
-9%
|
(6)
-12%
|
(6)
-2%
|
(6)
-4%
|
(6)
-6%
|
(7)
-8%
|
(8)
-13%
|
(8)
-8%
|
(9)
-6%
|
(12)
-39%
|
(16)
-31%
|
(17)
-6%
|
(17)
-1%
|
(15)
+14%
|
(15)
-1%
|
(14)
+5%
|
(14)
+1%
|
(13)
+7%
|
(9)
+29%
|
(8)
+14%
|
(6)
+31%
|
(4)
+23%
|
(3)
+23%
|
(3)
+1%
|
(4)
-24%
|
(4)
-2%
|
(3)
+16%
|
(3)
+16%
|
(3)
-18%
|
(3)
+8%
|
(4)
-18%
|
(5)
-21%
|
(5)
0%
|
(5)
-18%
|
(5)
-1%
|
(5)
0%
|
(6)
-4%
|
(6)
-9%
|
(6)
-5%
|
(7)
-9%
|
(7)
-5%
|
(7)
0%
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(12)
|
(16)
|
(17)
|
(17)
|
(15)
|
(15)
|
(14)
|
(14)
|
(13)
|
(9)
|
(8)
|
(6)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
|
| Net Income (Common) |
(3)
N/A
|
(3)
-8%
|
(3)
-9%
|
(4)
-14%
|
(4)
-20%
|
(5)
-10%
|
(5)
-9%
|
(6)
-12%
|
(6)
-2%
|
(6)
-4%
|
(6)
-6%
|
(7)
-8%
|
(8)
-13%
|
(8)
-8%
|
(9)
-6%
|
(12)
-39%
|
(16)
-31%
|
(17)
-6%
|
(17)
-1%
|
(15)
+14%
|
(15)
-1%
|
(13)
+12%
|
(13)
-1%
|
(13)
+3%
|
(9)
+27%
|
(9)
+4%
|
(6)
+29%
|
(5)
+28%
|
(3)
+28%
|
(3)
+1%
|
(4)
-24%
|
(4)
-2%
|
(3)
+16%
|
(3)
+16%
|
(3)
-18%
|
(3)
+8%
|
(4)
-18%
|
(5)
-21%
|
(5)
0%
|
(5)
-18%
|
(5)
-1%
|
(5)
0%
|
(6)
-4%
|
(6)
-9%
|
(6)
-5%
|
(7)
-9%
|
(7)
-5%
|
(7)
0%
|
|
| EPS (Diluted) |
-0.84
N/A
|
-0.87
-4%
|
-0.91
-5%
|
-0.87
+4%
|
-1.14
-31%
|
-0.99
+13%
|
-1.01
-2%
|
-0.77
+24%
|
-0.87
-13%
|
-0.57
+34%
|
-0.6
-5%
|
-0.63
-5%
|
-0.74
-17%
|
-0.63
+15%
|
-0.57
+10%
|
-0.77
-35%
|
-1.06
-38%
|
-1.04
+2%
|
-1.05
-1%
|
-0.9
+14%
|
-0.91
-1%
|
-0.8
+12%
|
-0.81
-1%
|
-0.8
+1%
|
-0.56
+30%
|
-0.54
+4%
|
-0.34
+37%
|
-0.26
+24%
|
-0.19
+27%
|
-0.18
+5%
|
-0.14
+22%
|
-0.11
+21%
|
-0.12
-9%
|
-0.08
+33%
|
-0.07
+12%
|
-0.06
+14%
|
-0.07
-17%
|
-0.07
N/A
|
-0.07
N/A
|
-0.08
-14%
|
-0.09
-12%
|
-0.08
+11%
|
-0.04
+50%
|
-0.04
N/A
|
-0.05
-25%
|
-0.05
N/A
|
-0.05
N/A
|
-0.05
N/A
|
|