Professional Documents
Culture Documents
Operating Statement
YEAR ENDED MARCH 31,
----------
------------2001
2000
----------
---------
$354,610
62.80%
$168,467
Services..............................
210,073
37.20%
84,833
Total revenues......................
564,683
100.00%
253,300
Cost of licenses......................
2,582
0.46%
1,426
Cost of services......................
111,165
19.69%
51,441
11,844
2.10%
1,338
223,966
39.66%
101,443
61,957
10.97%
28,517
48,420
8.57%
19,871
918,156
162.60%
57,920
1,378,090
244.05%
261,956
-813,407
-144.05%
-8,656
-538
-0.10%
38
-813,945
-144.14%
-8,618
38,296
6.78%
16,452
Amortization of purchased
technology..........................
Sales and marketing...................
($852,241)
==========
($25,070)
=========
-$6.16
==========
-150.92%
($0.24)
=========
138,447
==========
102,332
=========
Vertical Analysis
----------1999
--------
66.51%
$87,362
63.28%
33.49%
50,701
36.72%
100.00%
138,063
100.00%
0.56%
1,020
0.74%
20.31%
31,561
22.86%
0.53%
50
0.04%
40.05%
50,803
36.80%
11.26%
0.00%
7.84%
0.00%
22.87%
0.00%
103.42%
0.00%
-3.42%
13,919
-13,739
10.08%
0.00%
7.59%
0.00%
31.85%
0.00%
109.95%
0.00%
-9.95%
0.02%
664
0.48%
-3.40%
-13,075
-9.47%
6.50%
10,295
7.46%
10,482
43,967
151,802
-9.90%
($23,370)
========
($0.27)
========
87,166
========
-16.93%
Horizontal Analysis
Operating Statement
YEAR ENDED MARCH 31,
----------
------------2001
2000
354,610
110.49% $
168,467
Services..............................
210,073
147.63% $
84,833
----------
Total revenues......................
--------564,683
----------
122.93% $
253,300
---------
2,582
81.07% $
1,426
Cost of services......................
111,165
116.10% $
51,441
technology..........................
11,844
785.20% $
1,338
223,966
120.78% $
101,443
61,957
117.26% $
28,517
48,420
143.67% $
19,871
918,156
1485.21% $
57,920
Amortization of purchased
----------
1,378,090
----------
--------426.08% $
---------
261,956
(813,407)
9297.03% $
(538)
-1515.79% $
----------
(8,656)
38
---------
(813,945)
38,296
==========
(852,241)
==========
Net income (loss) per share diluted.....
(6.16)
==========
Shares used in per share calculation....
138,447
==========
-9344.71% $
132.77% $
(8,618)
16,452
=========
-3299.45% $
(25,070)
=========
-2466.67% $
(0.24)
=========
35.29% $
102,332
=========
ontal Analysis
----------1999
92.84% $
87,362
67.32% $
50,701
-------83.47% $
138,063
--------
39.80% $
1,020
62.99% $
31,561
2576.00% $
50
99.68% $
50,803
104.88% $
13,919
89.57% $
10,482
31.74% $
43,967
-------72.56% $
--------
151,802
37.00% $
(13,739)
-94.28% $
664
--------
34.09% $
(13,075)
59.81% $
10,295
========
-7.27% $
(23,370)
========
-11.11% $
(0.27)
========
17.40% $
87,166
========
Horizontal Analysis
MARCH 31,
MARCH 31,
2001
2000
----------
---------
ASSETS
Current Assets:
Cash and cash equivalents.................................
$286,658
755.41%
$33,511
180,372
157.90%
69,940
62,811
175.17%
22,826
--------
529,841
319.59%
126,277
82,717
180.05%
29,537
1,192,855
410.85%
233,504
198,353
47.90%
134,112
---------$2,003,766
==========
LIABILITIES AND STOCKHOLDERS' EQUITY
-------282.81%
$523,430
========
Current Liabilities:
Accounts payable..........................................
$36,024
Accrued expenses..........................................
81.48%
$19,850
200,886
309.44%
49,064
86,653
135.60%
36,779
1,731
2239.19%
74
--------
325,294
207.56%
105,767
8,299
82.16%
4,556
17,197
884
--29.67%
262,327
--
---------Total liabilities.......................................
1,257
--------
614,001
450.28%
111,580
----------
--------
--
--
Stockholders' Equity:
Preferred stock, $0.001 par value, 5,000 shares authorized,
no shares issued or outstanding...........................
Common stock, $0.001 par value, 500,000 shares authorized,
160,359 and 109,501 shares issued and outstanding,
respectively..............................................
160
45.45%
110
2,342,235
386.99%
480,957
Accumulated deficit.........................................
-917,104
-1313.91%
-64,863
-22,151
-3167.11%
-678
-3,950
-493.09%
-666
-9,425
-213.12%
-3,010
1,389,765
-------237.44%
---------$2,003,766
411,850
--------
282.81%
$523,430
Vertical Analysis
MARCH 31,
MARCH 31,
2001
2000
ASSETS
Current Assets:
Cash and cash equivalents.................................
$286,658
14.31%
$33,511
180,372
9.00%
69,940
62,811
3.13%
22,826
--------
529,841
26.44%
126,277
82,717
4.13%
29,537
1,192,855
59.53%
233,504
198,353
9.90%
134,112
$2,003,766
==========
100.00%
$523,430
========
Accounts payable..........................................
$36,024
Accrued expenses..........................................
1.80%
$19,850
200,886
10.03%
49,064
86,653
4.32%
36,779
1,731
0.09%
74
--------
325,294
16.23%
105,767
8,299
0.41%
4,556
17,197
884
262,327
0.86% -0.04%
13.09% --
---------Total liabilities.......................................
1,257
--------
614,001
30.64%
111,580
----------
--------
--
--
Stockholders' Equity:
Preferred stock, $0.001 par value, 5,000 shares authorized,
no shares issued or outstanding...........................
Common stock, $0.001 par value, 500,000 shares authorized,
160,359 and 109,501 shares issued and outstanding,
respectively..............................................
160
0.01%
110
2,342,235
116.89%
480,957
Accumulated deficit.........................................
-917,104
-45.77%
-64,863
-22,151
-1.11%
-678
-3,950
-0.20%
-666
-9,425
-0.47%
1,389,765
-------69.36%
---------$2,003,766
-3,010
411,850
--------
100.00%
$523,430
6.40%
13.36%
4.36%
24.12%
5.64%
44.61%
25.62%
100.00%
3.79%
9.37%
7.03%
0.01%
20.21%
0.87%
0.24%
21.32%
0.02%
91.89%
-12.39%
-0.13%
-0.13%
-0.58%
78.68%
100.00%
IBM
-2.83%
Microsoft
-13.98%
-4.57%
-17.37%
Peregrine
122.93%
-3299.50%