CE SOFTWARE, INC.
Statements of Operations
For the six months ended March 31, 2004 and 2003
(Unaudited)
 

 

Three Months Ended
March 31

Six Months Ended
March 31

 

2004

2003

2004

2003

Net revenues

$ 195,218

$ 294,664

$ 454,008

$ 639,190

Cost of revenues

   17,617

   30,942

   42,198

   88,210

   Gross profit

177,601

263,722

411,810

550,980

 

 

 
Sales and marketing

59,619

127,557

103,874

225,278

General and administrative

121,666

138,869

238,499

297,641

Research and development

   72,937

   133,003

   149,006

  273,986

   Operating expense

  254,222

  399,429

  491,379

  796,905

   Operating loss

(76,621)

(135,707)

(79,569)

(245,925)

 

 

 

   
Other income (expense):

 

 

   
Miscellaneous income

2,298

2,844

10,405

5,788

Gain on product sale (note 1)

-

-

93,936

-

Interest income

631

3

1,055

15

Interest expense

         -

    (10,243)

     (164)

     (20,937)

   Total other income (expense)

2,929

(7,396)

105,232

(15,134)

_________

_________

_________

________

   Gain (loss) before income taxes

$ (73,692)

$ (143,103)

$ 25,663

$ (261,059)

Income taxes

             -

             -

             -

             -

   Net gain (loss)

$ (73,692)
========

$ (143,103)
========

$ 25,663
=========

$ (261,059)
========

 

 

 

   
 

 

 

   
Basic net gain (loss) per share

$ (5.09)

(9.85)

1.77

(17.96)

Shares used in per share calculation - basic

14,483

14,527

14,483

14,538

Diluted net loss per share

(5.09)

(9.85)

1.77

(17.96)

Shares used in per share calculation - diluted

14,483

14,527

14,483

14,538

(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