Clarent Corp
OTC:CLRN
Income Statement
Earnings Waterfall
Clarent Corp
Income Statement
Clarent Corp
| Dec-1998 | Mar-1999 | Jun-1999 | Sep-1999 | Dec-1999 | Mar-2000 | Jun-2000 | Sep-2000 | Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
15
N/A
|
19
+29%
|
25
+33%
|
35
+40%
|
48
+36%
|
66
+37%
|
75
+15%
|
89
+19%
|
152
+70%
|
160
+6%
|
180
+12%
|
172
-5%
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(7)
|
(9)
|
(12)
|
(16)
|
(20)
|
(27)
|
(33)
|
(44)
|
(60)
|
(63)
|
(109)
|
(134)
|
|
| Gross Profit |
8
N/A
|
10
+23%
|
13
+35%
|
19
+45%
|
28
+43%
|
39
+41%
|
43
+10%
|
46
+7%
|
92
+101%
|
97
+6%
|
71
-27%
|
38
-47%
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(14)
|
(21)
|
(41)
|
(49)
|
(61)
|
(71)
|
(70)
|
(94)
|
(129)
|
(202)
|
(263)
|
(278)
|
|
| Selling, General & Administrative |
(10)
|
(14)
|
(18)
|
(24)
|
(51)
|
(40)
|
(48)
|
(60)
|
(84)
|
(97)
|
(145)
|
(150)
|
|
| Research & Development |
(3)
|
(4)
|
(6)
|
(7)
|
(9)
|
(12)
|
(16)
|
(21)
|
(30)
|
(40)
|
(66)
|
(72)
|
|
| Depreciation & Amortization |
0
|
(3)
|
(16)
|
(18)
|
(0)
|
(19)
|
(7)
|
(13)
|
(16)
|
(31)
|
(53)
|
(56)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
0
|
0
|
|
| Operating Income |
(6)
N/A
|
(11)
-90%
|
(27)
-147%
|
(30)
-10%
|
(33)
-11%
|
(32)
+2%
|
(27)
+16%
|
(48)
-76%
|
(37)
+22%
|
(105)
-180%
|
(192)
-83%
|
(240)
-25%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
(33)
|
0
|
(47)
|
(190)
|
|
| Total Other Income |
0
|
0
|
0
|
1
|
0
|
7
|
11
|
16
|
0
|
16
|
15
|
(3)
|
|
| Pre-Tax Income |
(6)
N/A
|
(11)
-89%
|
(27)
-148%
|
(29)
-8%
|
(31)
-5%
|
(26)
+16%
|
(16)
+37%
|
(66)
-304%
|
(53)
+19%
|
(89)
-67%
|
(224)
-151%
|
(433)
-94%
|
|
| Net Income | |||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
(6)
|
(11)
|
(27)
|
(29)
|
(31)
|
(26)
|
(17)
|
(66)
|
(54)
|
(90)
|
(225)
|
(434)
|
|
| Net Income (Common) |
(6)
N/A
|
(11)
-88%
|
(27)
-148%
|
(29)
-8%
|
(31)
-5%
|
(26)
+15%
|
(17)
+36%
|
(66)
-297%
|
(54)
+18%
|
(90)
-66%
|
(225)
-150%
|
(434)
-93%
|
|
| EPS (Diluted) |
-1.65
N/A
|
-2
-21%
|
-4.23
-112%
|
-1.15
+73%
|
-1.87
-63%
|
-0.82
+56%
|
-0.49
+40%
|
-1.8
-267%
|
-1.54
+14%
|
-2.26
-47%
|
-5.68
-151%
|
-10.63
-87%
|
|