CE SOFTWARE, INC.
Statements of Operations
For the three months ended December 31, 2003 and 2002
(Unaudited)
 

 

2003

2002

Net revenues

$ 258,790

$ 344,526

Cost of revenues

   24,580

   57,268

   Gross profit

234,210

287,258

 
Sales and marketing

44,256

97,721

General and administrative

116,833

158,772

Research and development

   76,069

  140,983

   Operating expense

  237,158

  397,436

   Operating loss

(2,948)

(110,218)

     
Other income (expense):    
Miscellaneous income

8,107

2,944

Gain on product sale (note 1)

93,936

-

Interest income

424

12

Interest expense

     (164)

     (10,694)

   Total other income (expense)

102,303

(7,738)

_________

________

   Gain (loss) before income taxes

$ 99,355

(117,956)

Income taxes

             -

             -

   Net gain (loss)

$ 99,355
========

$ (117,956)
========

     
     
Basic net gain (loss) per share

$ 6.86

(8.11)

Shares used in per share calculation - basic

14,483

14,550

Diluted net loss per share

$ 6.86

(8.11)

Shares used in per share calculation - diluted

14,483

14,550

(Per share data restated for reverse 1 for 100 stock split effective February 28, 2003.)
Note 1: Sale of QuickMail software product.

Balance Sheets        Statements of Operations        Statement of Cash Flow