Narrowstep Inc. (NRWS)

Narrowstep Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2008	FY 2007	FY 2006
Period Ending	Nov 30, 2008	Dec 31, 2013	Dec 31, 2012	Feb 29, 2008	Feb 28, 2007	Feb 28, 2006
Revenue	3.65	0.04	0.02	5.85	6.01	2.71
Revenue Growth (YoY)	-41.54%	55.72%	-99.57%	-2.71%	122.03%	96.73%
Cost of Revenue	3.93	-	-	5.68	2.66	1.8
Gross Profit	-0.29	0.04	0.02	0.17	3.35	0.9
Selling, General & Admin	6.5	-	-	10.49	8.21	4.78
Research & Development	1.17	-	-	2.74	1.09	0.39
Operating Expenses	7.67	-	-	13.22	9.29	5.17
Operating Income	-7.96	-	-	-13.06	-5.94	-4.27
Interest Expense	-0.03	-	-	-0.88	-0.01	-0.02
Interest & Investment Income	0.07	-	-	0.19	0.13	0
Currency Exchange Gain (Loss)	0	-	-	-0.02	-0.01	-0.01
EBT Excluding Unusual Items	-7.92	-	-	-13.78	-5.83	-4.29
Asset Writedown	-0.86	-	-	-0.86	-1.23	-
Pretax Income	-8.85	-	-	-14.64	-7.06	-4.29
Earnings From Continuing Operations	-	-	-	-14.64	-7.06	-4.29
Net Income	-8.85	0	-0.01	-14.64	-7.06	-4.29
Net Income to Common	-8.85	-	-	-14.64	-7.06	-4.29
Shares Outstanding (Basic)	137	-	-	92	45	32
Shares Outstanding (Diluted)	137	-	-	92	45	32
Shares Change (YoY)	92.98%	-	-	104.24%	40.54%	14.46%
EPS (Basic)	-0.06	-	-	-0.16	-0.16	-0.13
EPS (Diluted)	-0.06	-	-	-0.16	-0.16	-0.13
Free Cash Flow	-5.68	-	-	-11.97	-5.61	-2.82
Free Cash Flow Per Share	-0.04	-	-	-0.13	-0.12	-0.09
Gross Margin	-7.85%	100.00%	100.00%	2.84%	55.81%	33.31%
Operating Margin	-218.23%	-	-	-223.39%	-98.88%	-157.75%
Profit Margin	-242.71%	-	-	-250.46%	-117.52%	-158.51%
Free Cash Flow Margin	-155.81%	-	-	-204.73%	-93.38%	-104.16%
EBITDA	-7.05	-	-	-12.22	-5.5	-3.88
EBITDA Margin	-193.45%	-	-	-209.11%	-91.47%	-143.30%
D&A For EBITDA	0.9	-	-	0.83	0.45	0.39
EBIT	-7.96	-	-	-13.06	-5.94	-4.27
EBIT Margin	-218.23%	-	-	-223.39%	-98.88%	-157.75%
Revenue as Reported	3.65	-	-	5.85	6.01	2.71
Advertising Expenses	-	-	-	0.26	0.46	0.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.