CE SOFTWARE, INC.
Pro Forma Statements of Operations
Years ended September 30, 2005 and 2004
(Unaudited)

For quarterly detail of the 2005 statement click here.    
 

2005

2004

Net revenues

$        -

$ 454,008

Cost of revenues

        -

   42,198

   Gross profit

-

411,810

 
Sales and marketing (note 1)

-

119,166

General and administrative (note 1)

164,844

397,452

Research and development (note 1)

        -

   158,825

   Operating expense

  164,844

  675,443

   Operating loss

(164,844)

(263,633)

     
Other income (expense):    
Miscellaneous income

-

11,180

Gain on sale of products and equipment (note 2)

-

187,041

(Loss) gain on sale of investments

(3,455)

603

Interest income

8,170

2,084

Interest expense

        -

    (194)

   Total other income

4,715

200,714

_________

________

   Loss before income taxes

$ (160,129)

(62,919)

Income taxes (note 3)

            -

          224

   Net loss

$ (160,129)
=========

(63,143)
=========

     
Basic net loss per share

$ (10.80)

$ (4.33)

Shares used in per share calculation - basic

14,833

14,572

Diluted net loss per share

$ (10.80)

(4.33)

Shares used in per share calculation - diluted

14,833

14,572

Note 1: Expenses include separation pay expense recorded as of April 1, 2004.
Note 2: Sale of QuickMail software product in December 2003, and pro forma sale of remaining software products and equipment in April 2004.
Note 3: The income tax expense was a franchise tax not based on taxable income.

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