| RENTRAK CORPORATION |
|
| CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
|
|
|
|
(UNAUDITED) |
|
|
Six Months
Ended September 30, |
|
|
2003 |
|
2002 |
|
| REVENUES: |
|
|
|
|
| PPT |
$ 25,236,794 |
|
$ 35,842,448 |
|
| Other |
7,722,513 |
|
7,359,475 |
|
|
|
|
|
32,959,307 |
|
43,201,923 |
|
|
|
|
| OPERATING COSTS AND EXPENSES: |
|
|
| Cost of sales |
26,363,100 |
|
35,300,572 |
|
| Selling, general, and administrative |
8,753,968 |
|
7,556,255 |
|
| Net gain from litigation settlement |
- |
|
(361,847) |
|
| Asset Impairment |
- |
|
- |
|
|
|
|
|
35,117,068 |
|
42,494,980 |
|
|
|
|
| INCOME (LOSS) FROM OPERATIONS |
(2,157,761) |
|
706,943 |
|
|
|
|
| OTHER INCOME (EXPENSE): |
|
|
| Interest income |
122,867 |
|
71,500 |
|
| Interest expense |
(7,825) |
|
- |
|
| Gain (Loss) on sale of investments |
- |
|
- |
|
| Gain on Rentrak Japan transaction |
- |
|
- |
|
|
115,042 |
|
71,500 |
|
| INCOME (LOSS) FROM CONTINUING |
|
|
| OPERATIONS BEFORE INCOME TAX |
|
|
| PROVISION (BENEFIT) |
(2,042,719) |
|
778,443 |
|
|
|
|
| INCOME TAX PROVISION (BENEFIT) |
(775,793) |
|
295,811 |
|
|
|
|
| INCOME (LOSS) FROM CONTINUING |
|
|
| OPERATIONS |
(1,266,926) |
|
482,632 |
|
|
|
|
| LOSS
FROM DISCONTINUED |
|
|
| OPERATIONS, NET OF TAX BENEFIT |
|
|
| OF $0 AND $258,174 |
- |
|
(421,230) |
|
|
|
|
| NET
INCOME (LOSS) |
$ (1,266,926) |
|
$ 61,402 |
|
|
|
|
| NET INCOME (LOSS) PER SHARE: |
|
|
| Basic: |
|
|
|
Continuing operations |
$
(0.13) |
|
$
0.05 |
|
| Discontinued operations |
- |
|
(0.04) |
|
| Total |
$
(0.13) |
|
$
0.01 |
|
| Diluted: |
|
|
Continuing operations |
$
(0.13) |
|
$
0.05 |
|
| Discontinued operations |
- |
|
(0.04) |
|
| Total |
$
(0.13) |
|
$
0.01 |
|
|
|
|
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