Proxim Wireless Corp
OTC:PRXM
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Proxim Wireless Corp
OTC:PRXM
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Income Statement
Earnings Waterfall
Proxim Wireless Corp
Income Statement
Proxim Wireless Corp
| 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 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Revenue |
27
N/A
|
27
-2%
|
24
-9%
|
23
-7%
|
23
+1%
|
23
+3%
|
26
+10%
|
38
+45%
|
56
+49%
|
71
+26%
|
83
+17%
|
82
-1%
|
68
-17%
|
70
+2%
|
67
-3%
|
66
-2%
|
62
-6%
|
57
-8%
|
55
-3%
|
51
-7%
|
49
-4%
|
47
-5%
|
39
-17%
|
34
-13%
|
30
-12%
|
30
-1%
|
30
+3%
|
31
+2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||
| Cost of Revenue |
(16)
|
(15)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(21)
|
(30)
|
(40)
|
(47)
|
(46)
|
(38)
|
(38)
|
(36)
|
(35)
|
(33)
|
(30)
|
(29)
|
(28)
|
(29)
|
(26)
|
(22)
|
(19)
|
(17)
|
(17)
|
(18)
|
(17)
|
|
| Gross Profit |
12
N/A
|
12
+4%
|
11
-6%
|
10
-14%
|
9
-2%
|
10
+9%
|
12
+19%
|
17
+40%
|
26
+54%
|
31
+19%
|
36
+15%
|
37
+1%
|
30
-18%
|
32
+5%
|
31
-2%
|
31
-1%
|
29
-4%
|
26
-10%
|
26
-1%
|
23
-13%
|
20
-11%
|
20
+0%
|
17
-18%
|
15
-14%
|
13
-11%
|
12
-7%
|
13
+4%
|
14
+10%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(11)
|
(12)
|
(12)
|
(14)
|
(15)
|
(17)
|
(19)
|
(23)
|
(28)
|
(39)
|
(45)
|
(45)
|
(42)
|
(41)
|
(40)
|
(39)
|
(38)
|
(49)
|
(48)
|
(46)
|
(33)
|
(27)
|
(22)
|
(19)
|
(19)
|
(20)
|
(21)
|
(21)
|
|
| Selling, General & Administrative |
(9)
|
(10)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(18)
|
(20)
|
(27)
|
(30)
|
(31)
|
(29)
|
(29)
|
(30)
|
(31)
|
(32)
|
(33)
|
(33)
|
(32)
|
(29)
|
(24)
|
(19)
|
(17)
|
(17)
|
(17)
|
(19)
|
(18)
|
|
| Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(12)
|
(15)
|
(15)
|
(13)
|
(11)
|
(10)
|
(8)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
(11)
|
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
1
N/A
|
0
-85%
|
(0)
N/A
|
(4)
-1 013%
|
(6)
-35%
|
(7)
-14%
|
(6)
+6%
|
(6)
+5%
|
(1)
+78%
|
(7)
-454%
|
(8)
-13%
|
(9)
-5%
|
(12)
-38%
|
(9)
+26%
|
(9)
-2%
|
(8)
+12%
|
(9)
-9%
|
(22)
-147%
|
(22)
+2%
|
(24)
-9%
|
(12)
+49%
|
(7)
+43%
|
(5)
+24%
|
(5)
+8%
|
(6)
-31%
|
(8)
-25%
|
(9)
-9%
|
(7)
+18%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
0
|
0
|
0
|
4
|
5
|
5
|
5
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(8)
|
(8)
|
(11)
|
(10)
|
(11)
|
(10)
|
(0)
|
(11)
|
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
|
2
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
2
|
3
|
0
|
3
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
1
N/A
|
1
+21%
|
0
-79%
|
(4)
N/A
|
(1)
+63%
|
(3)
-94%
|
(2)
+23%
|
(10)
-374%
|
(9)
+10%
|
(15)
-70%
|
(16)
-9%
|
(19)
-20%
|
(22)
-17%
|
(19)
+13%
|
(17)
+13%
|
(6)
+67%
|
(17)
-204%
|
(20)
-16%
|
(21)
-8%
|
(23)
-11%
|
(12)
+48%
|
(7)
+42%
|
(6)
+10%
|
(6)
+8%
|
(7)
-24%
|
(9)
-20%
|
(9)
-7%
|
(8)
+18%
|
|
| 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)
|
|
| Income from Continuing Operations |
0
|
0
|
(0)
|
(4)
|
(1)
|
(3)
|
(2)
|
(10)
|
(9)
|
(15)
|
(16)
|
(19)
|
(22)
|
(19)
|
(17)
|
(6)
|
(17)
|
(20)
|
(21)
|
(24)
|
(12)
|
(7)
|
(7)
|
(6)
|
(7)
|
(9)
|
(9)
|
(8)
|
|
| Income to Minority Interest |
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
|
|
| Net Income (Common) |
5
N/A
|
5
+4%
|
(0)
N/A
|
(4)
-1 133%
|
(1)
+64%
|
(3)
-95%
|
(2)
+24%
|
(10)
-383%
|
(11)
-16%
|
(15)
-31%
|
(17)
-14%
|
(20)
-22%
|
(23)
-14%
|
(22)
+6%
|
(19)
+12%
|
(8)
+57%
|
(19)
-135%
|
(21)
-12%
|
(22)
-5%
|
(21)
+5%
|
(10)
+53%
|
(5)
+51%
|
(4)
+14%
|
(6)
-44%
|
(8)
-24%
|
(9)
-20%
|
(10)
-8%
|
(8)
+16%
|
|
| EPS (Diluted) |
35.76
N/A
|
32.26
-10%
|
-1.87
N/A
|
-14.23
-661%
|
-6.8
+52%
|
-11.9
-75%
|
-9.09
+24%
|
-46
-406%
|
-51.19
-11%
|
-69.85
-36%
|
-75.77
-8%
|
-92.36
-22%
|
-107.61
-17%
|
-98.5
+8%
|
-100.1
-2%
|
-32.4
+68%
|
-81.89
-153%
|
-88.95
-9%
|
-93.2
-5%
|
-89
+5%
|
-42.71
+52%
|
-21.6
+49%
|
-17.75
+18%
|
-26.1
-47%
|
-32.38
-24%
|
-38.86
-20%
|
-41.94
-8%
|
-35.12
+16%
|
|