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The following is an excerpt from a 10-Q SEC Filing, filed by NANOPHASE TECHNOLOGIES CORPORATION on 5/14/2004. |
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NANOPHASE TECHNOLOGIES CORPORATION - 10-Q - 20040514 - INCOME_STATEMENT
NANOPHASE TECHNOLOGIES CORPORATION
STATEMENTS OF OPERATIONS
(Unaudited)
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Three months ended
March 31,
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2004
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2003
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Revenue:
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Product revenue
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$
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1,066,138
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$
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1,350,338
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Other revenue
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227,221
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313,744
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Total revenue
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1,293,359
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1,664,082
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Operating expense:
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Cost of revenue
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1,213,110
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1,546,722
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Research and development expense
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474,885
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461,537
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Selling, general and administrative expense
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1,058,944
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1,076,709
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Total operating expense
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2,746,939
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3,084,968
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Loss from operations
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(1,453,580
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(1,420,886
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Interest income
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14,661
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22,064
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Interest expense
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(24,838
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(30,395
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Other, net
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693
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—
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Loss before provision for income taxes
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(1,463,064
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(1,429,217
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Provision for income taxes
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(7,500
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(7,500
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Net loss
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$
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(1,470,564
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$
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(1,436,717
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Net loss per share-basic and diluted
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$
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(0.09
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$
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(0.09
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Weighted average number of common shares outstanding
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16,209,660
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15,161,686
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