US Global Nanospace Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Dec '06 Dec 31, 2006	Mar '06 Mar 31, 2006	Mar '05 Mar 31, 2005	Mar '04 Mar 31, 2004	Mar '03 Mar 31, 2003
Revenue	0.29	0.26	0.72	0.14	-
Revenue Growth (YoY)	-29.50%	-63.70%	410.30%	-	-
Cost of Revenue	0.07	0.09	0.38	0.03	-
Gross Profit	0.22	0.17	0.33	0.11	-
Selling, General & Admin	2.5	3.94	3.55	5.91	5.89
Research & Development	1.42	1.57	0.53	1.26	1.63
Operating Expenses	3.92	5.51	4.07	7.17	7.52
Operating Income	-3.71	-5.34	-3.74	-7.06	-7.52
Interest Expense	-0.17	-0.13	-0.15	-0.53	-0.15
Other Non Operating Income (Expenses)	0	0.02	0.05	-	0.01
EBT Excluding Unusual Items	-3.88	-5.45	-3.84	-7.59	-7.66
Other Unusual Items	-	-	-	0.3	0.62
Pretax Income	-3.88	-5.45	-3.84	-7.29	-7.05
Net Income	-3.88	-5.45	-3.84	-7.29	-7.05
Net Income to Common	-3.88	-5.45	-3.84	-7.29	-7.05
Shares Outstanding (Basic)	188	141	95	83	69
Shares Outstanding (Diluted)	188	141	95	83	69
Shares Change (YoY)	52.26%	48.62%	14.09%	20.64%	-
EPS (Basic)	-0.02	-0.04	-0.04	-0.09	-0.10
EPS (Diluted)	-0.02	-0.04	-0.04	-0.09	-0.10
Gross Margin	74.37%	66.92%	46.73%	80.96%	-
Operating Margin	-1274.63%	-2053.73%	-522.21%	-5030.09%	-
Profit Margin	-1332.64%	-2094.80%	-536.45%	-5190.88%	-
EBIT	-3.71	-5.34	-3.74	-7.06	-7.52

Source: S&P Capital IQ. Standard template. Financial Sources.