| RENTRAK CORPORATION |
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| CONSOLIDATED STATEMENTS OF OPERATIONS |
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(UNAUDITED) |
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Three Months
Ended September 30, |
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2003 |
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2002 |
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| REVENUES: |
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| PPT |
$ 12,184,103 |
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$ 17,976,338 |
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| Other |
2,076,780 |
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2,798,144 |
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14,260,883 |
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20,774,482 |
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| OPERATING COSTS AND EXPENSES: |
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| Cost of sales |
12,182,187 |
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17,010,953 |
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| Selling, general, and administrative |
4,283,319 |
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3,555,807 |
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| Net gain from
litigation settlement |
- |
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- |
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| Asset Impairment |
- |
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- |
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16,465,506 |
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20,566,760 |
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| INCOME (LOSS) FROM OPERATIONS |
(2,204,623) |
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207,722 |
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| OTHER INCOME (EXPENSE): |
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| Interest income |
67,428 |
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71,500 |
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| Interest expense |
(1,776) |
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- |
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| Gain (Loss) on sale of investments |
- |
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- |
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65,652 |
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71,500 |
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| INCOME (LOSS) FROM CONTINUING |
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| OPERATIONS BEFORE INCOME TAX |
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| PROVISION (BENEFIT) |
(2,138,971) |
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279,222 |
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| INCOME TAX PROVISION (BENEFIT) |
(812,369) |
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106,107 |
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| INCOME (LOSS) FROM CONTINUING |
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| OPERATIONS |
(1,326,602) |
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173,115 |
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| LOSS
FROM DISCONTINUED |
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| OPERATIONS, NET OF TAX BENEFIT |
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| OF $0 AND $169,293 |
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(276,216) |
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| NET LOSS |
$ (1,326,602) |
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$ (103,101) |
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| NET INCOME (LOSS) PER SHARE: |
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| Basic: |
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Continuing operations |
$
(0.14) |
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$
0.02 |
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| Discontinued operations |
- |
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(0.03) |
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| Total |
$
(0.14) |
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$
(0.01) |
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| Diluted: |
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Continuing operations |
$
(0.14) |
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$
0.02 |
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| Discontinued operations |
- |
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(0.03) |
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| Total |
$
(0.14) |
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$
(0.01) |
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