| RENTRAK CORPORATION |
|
| CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
|
|
(UNAUDITED) |
|
|
Three Months
Ended December 31, 2002 |
|
|
ENTERTAINMENT |
|
FULFILLMENT |
|
TOTAL |
|
| REVENUES: |
|
|
|
|
|
|
| PPT |
$ 14,855,133 |
|
$ - |
|
$ 14,855,133 |
|
| Other |
643,983 |
|
6,314,907 |
(1) |
6,424,697 |
|
|
|
|
|
|
| REVENUES |
$ 15,499,116 |
|
$ 6,314,907 |
(1) |
$ 21,279,830 |
|
|
|
|
|
|
| OPERATING COSTS AND EXPENSES: |
|
|
|
|
| Cost of sales |
12,438,302 |
(1) |
6,126,262 |
|
18,030,371 |
|
| Selling, general, and administrative |
3,262,644 |
|
480,746 |
|
3,743,390 |
|
| Net gain from litigation settlement |
- |
|
- |
|
- |
|
| Asset Impairment |
- |
|
- |
|
- |
|
|
|
|
|
|
|
15,700,946 |
|
6,607,008 |
|
21,773,761 |
|
|
|
|
|
|
| LOSS
FROM OPERATIONS |
(201,830) |
|
(292,101) |
|
(493,931) |
|
|
|
|
|
|
| OTHER INCOME (EXPENSE): |
|
|
|
|
| Interest income |
11,354 |
|
- |
|
11,354 |
|
| Interest expense |
- |
|
- |
|
- |
|
| Gain (Loss) on sale of investments |
- |
|
- |
|
- |
|
| Other |
- |
|
- |
|
- |
|
|
11,354 |
|
- |
|
11,354 |
|
| LOSS
FROM CONTINUING |
|
|
|
|
| OPERATIONS BEFORE INCOME TAX |
|
|
|
|
| BENEFIT |
(190,476) |
|
(292,101) |
|
(482,577) |
|
|
|
|
|
|
| INCOME
TAX BENEFIT |
(72,383) |
|
(110,999) |
|
(183,382) |
|
|
|
|
|
|
| LOSS
FROM CONTINUING |
|
|
|
|
| OPERATIONS |
(118,093) |
|
(181,102) |
|
(299,195) |
|
|
|
|
|
|
| LOSS FROM DISCONTINUED |
|
|
|
|
| OPERATIONS, NET OF TAX BENEFIT |
|
|
|
|
| OF $46,193 |
(75,369) |
|
- |
|
(75,369) |
|
|
|
|
|
|
| NET LOSS |
$ (193,462) |
|
$ (181,102) |
|
$ (374,564) |
|
|
|
|
|
|
| NET
LOSS PER SHARE: |
|
|
|
|
| Basic: |
|
|
|
Continuing operations |
$ (0.01) |
|
$ (0.02) |
|
$ (0.03) |
|
| Discontinued operations |
(0.01) |
|
-
|
|
(0.01) |
|
| Total |
$ (0.02) |
|
$ (0.02) |
|
$ (0.04) |
|
| Diluted: |
|
|
|
Continuing operations |
$ (0.01) |
|
$ (0.02) |
|
$ (0.03) |
|
| Discontinued operations |
(0.01) |
|
-
|
|
(0.01) |
|
| Total |
$ (0.02) |
|
$ (0.02) |
|
$ (0.04) |
|
|
|
|
|
|
| (1)
- Includes Intercompany transactions
of $534,193, which are eliminated in consolidated total amounts. |
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