Evolving Systems Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	5.908M	4.916M	4.27M	4.445M	5.392M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	2.178M	2.062M	1.51M	1.926M	1.921M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	3.73M	2.854M	2.76M	2.519M	3.471M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	2.983M	2.781M	3.088M	2.871M	3.632M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	0.172M	0.199M	0.189M	0.248M	0.266M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	5.333M	5.573M	4.787M	5.614M	5.819M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	0.575M	-0.657M	-0.517M	-1.169M	-0.427M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	0.357M	0.917M	0.375M	0.012M	0.106M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	0.932M	0.26M	-0.142M	-1.157M	-0.321M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	0.174M	-0.162M	-0.026M	-0.125M	-0.092M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	0.758M	0.422M	-0.116M	-1.032M	-0.229M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	0.758M	0.422M	-0.116M	-1.032M	-0.229M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations	0.00	1.333M	18.32M	12.45M	1.162M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	0.758M	1.755M	18.20M	11.42M	0.933M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	11.37	11.20	11.15	11.20	11.22	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	11.16	10.87	10.88	10.83	10.75	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.07	0.16	1.67	1.05	0.09	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.07	0.15	1.63	1.02	0.08	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro