Annual report pursuant to Section 13 and 15(d)

Summary of Selected Quarterly Financial Data (unaudited)

v2.4.0.6
Summary of Selected Quarterly Financial Data (unaudited)
 12 Months Ended
Jul. 31, 2012
Quarterly Financial Information [Text Block]

Note 16 – Summary of Selected Quarterly Financial Data (unaudited)


The following table contains statement of operations information for each quarter of the years ended July 31, 2012 and 2011. The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.


Unaudited quarterly financial data for fiscal 2012 and 2011 is summarized as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

 

 

Fiscal 2012

 

October 31,
2011

 

January 31,
2012

 

April 30,
2012

 

July 31,
2012

 

 

 

 

 

 

 

Total revenues

 

$

25,753

 

$

24,973

 

$

25,949

 

$

26,408

 

Gross profit

 

 

11,802

 

 

11,579

 

 

12,056

 

 

11,673

 

Loss before income taxes

 

 

(4,326

)

 

(4,076

)

 

(3,445

)

 

(29,074

)

Net loss

 

 

(4,494

)

 

(4,221

)

 

(3,411

)

 

(27,143

)

Basic and diluted loss per common share

 

$

(0.12

)

$

(0.11

)

$

(0.09

)

$

(0.69

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

 

 

Fiscal 2011

 

October 31,
2010

 

January 31,
2011

 

April 30,
2011

 

July 31,
2011

 

 

 

 

 

 

 

Total revenues

 

$

25,652

 

$

23,734

 

$

25,827

 

$

26,816

 

Gross profit

 

 

13,473

 

 

10,331

 

 

12,364

 

 

12,042

 

Loss before income taxes

 

 

(1,060

)

 

(5,562

)

 

(2,002

)

 

(4,199

)

Net loss

 

 

(1,122

)

 

(5,708

)

 

(2,110

)

 

(4,020

)

Basic and diluted loss per common share

 

$

(0.03

)

$

(0.15

)

$

(0.05

)

$

(0.11

)