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ClearSky Systems, Inc.

2008 Balance Sheet

AssetsCurrent Assets

Cash $3,097Accounts Receivable $-Total Current Assets $3,097

Property and Equipment (net)

$6,000

Total Assets $9,097Liabilities and Shareholders' EquityCurrent Liabilities

$9,097

Long-Term Debt

Shareholders' Equity

Common Stock $-Preferred Stock $-Retained Earnings $-Total Equity $-

Total Liabilities and Equity $9,097

ClearSky Systems, Inc.

2008 Income Statement

Total Revenue $753

Access Codes $753

Total Expenses $60,400

Payroll (After Tax) $55,000Travel $5,000Office $100Marketing $300Interest $-

Total Net Income $(59,647)Gross Margin

n/a

ClearSky Systems, Inc.

5 Year Income Statement

20092010201120122013Total Revenue $68,100 $1,181,970 $4,865,790 $11,563,560 $21,282,360

Access Codes $68,100 $1,181,970 $4,865,790 $11,563,560 $21,282,360

Total Expenses $296,260 $1,715,845 $3,597,437 $5,850,879 $7,994,064

Total Operating Expenses $285,196 $1,558,796 $3,000,626 $4,477,689 $5,509,848% of Revenue418.8%131.9%61.7%38.7%25.9%Payroll (After Tax) $216,792 $1,374,338 $2,777,852 $4,192,899 $5,231,172Travel $5,676 $34,416 $51,624 $86,040 $86,040Office $34,917 $234,041 $694,912 $1,508,190 $2,617,752$11,064 $157,050 $596,812 $1,373,190 $2,484,216Office - Other $23,853 $76,992 $98,100 $135,000 $133,536Marketing $29,575 $59,100 $59,100 $59,100 $59,100Interest $9,300 $13,950 $13,950 $4,650 $-

Net Income Before Taxes $(228,160) $(533,875) $1,268,353 $5,712,681 $13,288,296Taxes $- $- $443,924 $1,999,438 $4,650,904Net Income (Loss) $(228,160) $(533,875) $824,429 $3,713,243 $8,637,393