| RENTRAK CORPORATION |
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| CONSOLIDATED STATEMENTS OF OPERATIONS |
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|
(UNAUDITED) |
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|
Nine Months Ended
December 31, |
|
|
2003 |
|
2002 |
|
| REVENUES: |
|
|
|
|
| PPT |
$ 42,528,137 |
|
$ 50,697,581 |
|
| Other |
9,833,900 |
|
13,784,172 |
|
|
|
|
| REVENUES |
$ 52,362,037 |
|
$ 64,481,753 |
|
|
|
|
| OPERATING COSTS AND EXPENSES: |
|
|
| Cost of sales |
40,358,628 |
|
53,330,943 |
|
| Selling, general, and administrative |
12,714,726 |
|
11,299,645 |
|
| Net gain from litigation settlement |
- |
|
(361,847) |
|
| Asset Impairment |
- |
|
- |
|
|
|
|
|
53,073,354 |
|
64,268,741 |
|
|
|
|
| INCOME (LOSS) FROM OPERATIONS |
(711,317) |
|
213,012 |
|
|
|
|
| OTHER INCOME (EXPENSE): |
|
|
| Interest income |
163,892 |
|
82,854 |
|
| Interest expense |
(10,240) |
|
- |
|
| Gain (Loss) on sale of investments |
- |
|
- |
|
| Gain on Rentrak Japan transaction |
- |
|
- |
|
|
153,652 |
|
82,854 |
|
| INCOME (LOSS) FROM CONTINUING |
|
|
| OPERATIONS BEFORE INCOME TAX |
|
|
| PROVISION (BENEFIT) |
(557,665) |
|
295,866 |
|
|
|
|
| INCOME TAX PROVISION (BENEFIT) |
(211,913) |
|
112,429 |
|
|
|
|
| INCOME (LOSS) FROM CONTINUING |
|
|
| OPERATIONS |
(345,752) |
|
183,437 |
|
|
|
|
| LOSS
FROM DISCONTINUED |
|
|
| OPERATIONS, NET OF TAX BENEFIT |
|
|
|
OF $78,850 AND $304,367 |
(128,649) |
|
(496,599) |
|
|
|
|
| NET LOSS |
$ (474,401) |
|
$ (313,162) |
|
|
|
|
| NET INCOME (LOSS) PER SHARE: |
|
|
| Basic: |
|
|
|
Continuing operations |
$
(0.04) |
|
$
0.02 |
|
| Discontinued operations |
(0.01) |
|
(0.05) |
|
| Total |
$
(0.05) |
|
$
(0.03) |
|
| Diluted: |
|
|
Continuing operations |
$
(0.04) |
|
$
0.02 |
|
| Discontinued operations |
(0.01) |
|
(0.05) |
|
| Total |
$
(0.05) |
|
$
(0.03) |
|
|
|
|
| The accompanying notes are an integral |
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| part of these consolidated statements. |
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