| RENTRAK CORPORATION |
|
| CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
|
|
|
(UNAUDITED) |
|
|
Six Months Ended September 30,
2003 |
|
|
ENTERTAINMENT |
|
FULFILLMENT |
|
TOTAL |
|
| REVENUES: |
|
|
|
|
| PPT |
$ 25,236,794 |
|
$ - |
|
$ 25,236,794 |
|
| Other |
3,098,214 |
|
5,154,443 |
(1) |
7,722,513 |
|
|
|
|
|
28,335,008 |
|
5,154,443 |
|
32,959,307 |
|
|
|
|
| OPERATING COSTS AND EXPENSES: |
|
|
| Cost of sales |
20,640,211 |
(1) |
6,253,033 |
|
26,363,100 |
|
| Selling, general, and administrative |
8,013,373 |
|
740,595 |
|
8,753,968 |
|
| Net gain from litigation settlement |
- |
|
- |
|
- |
|
| Asset Impairment |
- |
|
- |
|
- |
|
|
|
|
|
28,653,584 |
|
6,993,628 |
|
35,117,068 |
|
|
|
|
| LOSS
FROM OPERATIONS |
(318,576) |
|
(1,839,185) |
|
(2,157,761) |
|
|
|
|
| OTHER INCOME (EXPENSE): |
|
|
| Interest income |
51,703 |
|
71,164 |
|
122,867 |
|
| Interest expense |
(3,429) |
|
(4,396) |
|
(7,825) |
|
|
Other |
- |
|
- |
|
- |
|
|
48,274 |
|
66,768 |
|
115,042 |
|
| LOSS
FROM CONTINUING |
|
|
| OPERATIONS BEFORE INCOME TAX |
|
|
| BENEFIT |
(270,302) |
|
(1,772,417) |
|
(2,042,719) |
|
|
|
|
| INCOME
TAX BENEFIT |
(102,715) |
|
(673,078) |
|
(775,793) |
|
|
|
|
| LOSS
FROM CONTINUING |
|
|
| OPERATIONS |
(167,587) |
|
(1,099,339) |
|
(1,266,926) |
|
|
|
|
| LOSS
FROM DISCONTINUED |
|
|
| OPERATIONS, NET OF TAX BENEFIT |
|
|
| OF $0 |
- |
|
- |
|
- |
|
|
|
|
| NET LOSS |
$ (167,587) |
|
$ (1,099,339) |
|
$ (1,266,926) |
|
|
|
|
| NET
LOSS PER SHARE: |
|
|
| Basic: |
|
|
|
Continuing operations |
$ (0.02) |
|
$ (0.11) |
|
$ (0.13) |
|
| Discontinued operations |
- |
|
-
|
|
- |
|
| Total |
$ (0.02) |
|
$ (0.11) |
|
$ (0.13) |
|
| Diluted: |
|
|
|
Continuing operations |
$ (0.02) |
|
$ (0.11) |
|
$ (0.13) |
|
| Discontinued operations |
- |
|
-
|
|
- |
|
| Total |
$ (0.02) |
|
$ (0.11) |
|
$ (0.13) |
|
|
|
|
| (1)- Includes Intercompany transactions of
$530,144, which are eliminated in consolidated total amounts. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|