CONSOLIDATED STATEMENTS OF OPERATIONS
(In U.S. dollars, except share data)
|
| |
Year ended December 31, |
| |
2001 |
2002 |
2003 |
| Gross revenues |
$ 101,808 |
$ 1,098,051 |
$ 2,354,225 |
| Business tax |
(4,679) |
(48,397) |
(83,448) |
| |
----------------- |
--------------- |
---------------- |
| Net revenues |
97,129 |
1,049,654 |
2,270,777 |
| |
----------------- |
------------------ |
---------------- |
| Operating expenses: |
|
|
|
| Cost of revenues |
336,934 |
281,875 |
339,193 |
| General and administrative |
281,247 |
275,217 |
434,295 |
| Product development |
111,748 |
113,003 |
100,993 |
| Sales and marketing |
111,762 |
268,711 |
256,343 |
| |
----------------- |
---------------- |
--------------- |
| Total operating expenses |
841,691 |
938,806 |
1,130,824 |
| |
---------------- |
--------------- |
--------------- |
| Income (Loss) from operations |
(744,562) |
110,848 |
1,139,953 |
| Interest income |
99,923 |
95,208 |
51,220 |
| Interest expenses |
(5,676) |
--- |
--- |
| Other income (expense) |
--- |
(3,553) |
(1,243) |
| |
---------------- |
--------------- |
--------------- |
| Income (loss) before income taxes |
(650,315) |
202,503 |
1,189,930 |
| Income tax expense |
--- |
--- |
--- |
| |
---------------- |
--------------- |
--------------- |
| Net income (loss) |
$ (650,315) |
$ 202,503 |
$ 1,189,930 |
| |
---------------- |
--------------- |
--------------- |
| |
---------------- |
--------------- |
--------------- |
| Net income (loss) per share-basic |
$ |
$ |
$ |
| |
---------------- |
--------------- |
--------------- |
| |
---------------- |
--------------- |
--------------- |
| Net income (loss) per share-diluted |
$ |
$ |
$ |
| |
---------------- |
--------------- |
--------------- |
| |
---------------- |
--------------- |
--------------- |
Shares used in calculating basic net income
(loss) per share
|
|
|
|
| |
---------------- |
--------------- |
--------------- |
| |
---------------- |
--------------- |
--------------- |
Shares used in calculating diluted net income
(loss) per share
|
|
|
|
| |
---------------- |
--------------- |
--------------- |
| |
---------------- |
--------------- |
--------------- |
Pro forma basic net income per share
(unaudited) (Note 2)
|
|
|
$ |
| |
|
|
--------------- |
| |
|
|
--------------- |
Pro forma diluted net income per share
(unaudited) (Note 2)
|
|
|
$ |
| |
|
|
--------------- |
| |
|
|
--------------- |
Shares used in calculating pro forma basic net income
(loss) per share (unaudited) (Note 2)
|
|
|
|
| |
|
|
--------------- |
| |
|
|
--------------- |
Shares used in calculating pro forma diluted net income (loss)
per share (unaudited) (Note 2)
|
|
|
|
| |
|
|
--------------- |
| |
|
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