ARISE Technologies Corporation
§ Consolidated Statements of Loss and Comprehensive Loss
§ Unaudited
§ 3 months ended 9 months ended
§ September 30, September 30,
§ 2009 2008 2009 2008
§ ------------- ------------- ------------- -------------
§ Sales $ 6,586,012 $ 15,871,758 $ 20,430,472 $ 16,792,483
§ Cost of goods
§ sold 8,032,509 18,517,216 25,795,336 20,721,381
§ Valuation write-
§ down of inventory
§ related assets 510,453 - 14,887,157 -
§ --------------------------------------------------
§ Gross profit
§ (loss) (1,956,950) (2,645,458) (20,252,021) (3,928,898)
§ --------------------------------------------------
§ Expenses
§ Research and
§ development 1,442,140 1,525,517 5,747,692 4,537,772
§ General and
§ administrative 2,220,753 2,500,272 7,037,002 9,085,849
§ Selling and
§ marketing 425,620 569,243 1,168,754 1,608,348
§ Depreciation
§ and amortization 455,588 444,166 1,354,090 802,862
§ --------------------------------------------------
§ 4,544,101 5,039,198 15,307,538 16,034,831
§ --------------------------------------------------
§ Operating loss (6,501,051) (7,684,656) (35,559,559) (19,963,729)
§ --------------------------------------------------
§ Other expenses
§ (income)
§ Interest expense,
§ net 517,525 703,742 1,692,019 748,528
§ Foreign exchange
§ (gain) loss (1,589,121) (237,693) (2,943,796) (713,426)
§ Other (income)
§ expense 20,991 20,689 (545,811) 57,547
§ --------------------------------------------------
§ (1,050,605) 486,738 (1,797,588) 92,649
§ --------------------------------------------------
§ Net loss (5,450,446) (8,171,394) (33,761,971) (20,056,378)
§ Other
§ comprehensive
§ loss - - - -
§ --------------------------------------------------
§ Comprehensive loss (5,450,446) (8,171,394) (33,761,971) (20,056,378)
§ Deficit, beginning
§ of period (93,806,709) (35,071,295) (65,495,184) (23,186,311)
§ --------------------------------------------------
§ Deficit, end of
§ period $(99,257,155) $(43,242,689) $(99,257,155) $(43,242,689)
§ --------------------------------------------------
Liest sich doch gut...ODER ???? *LACH*
6,6 Mio. Umsatz -5,5 Mio NETT LOSS
Wie war das?? ARISE hat keine Lagerbestände ?
Nein, Arise hat im Jahr 2009 14,9 Mio. auf Lagerbestände und sonstige Vermögenswert abgeschrieben!
Insgesamt hat sich dann ein Defizit von 43.2 Mio in 2008 auf nunmehr 99.2 Mio in 2009 angehäuft!!
Daher Posting #5854 und # 5855 wohl mehr ein schlechter Scherz!! |