General form of registration statement for all companies including face-amount certificate companies

Statements of Operations (Sound Concepts Inc.)

v3.19.1
Statements of Operations (Sound Concepts Inc.) - USD ($)
11 Months Ended 12 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Revenue, net     $ 6,000  
Cost of revenue     8,000  
Operating expenses:        
Research and development     375,000  
General and administrative     4,328,000  
Total operating expenses     4,711,000  
Other income (expense)     28,000  
Net income (loss)     (7,266,000)  
Sound Concepts, Inc. [Member]        
Revenue, net $ 11,708,000 $ 11,004,000 11,546,000 $ 12,680,000
Cost of revenue 6,584,000 6,221,000 6,293,000 8,613,000
Gross margin 5,124,000 4,783,000 5,253,000 4,067,000
Operating expenses:        
Research and development 1,970,000 1,488,000 1,731,000 1,390,000
General and administrative 2,608,000 3,172,000 3,530,000 3,419,000
Total operating expenses 4,578,000 4,660,000 5,261,000 4,809,000
Income (loss) from operations 546,000 123,000 (8,000) (742,000)
Other income (expense) (13,000) (2,000) (7,000) (3,000)
Net income (loss) $ 533,000 $ 121,000 $ (15,000) $ (745,000)