Case File
efta-efta00728707DOJ Data Set 9OtherLaserSculpt Inc.
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Unknown
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DOJ Data Set 9
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efta-efta00728707
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LaserSculpt Inc.
Quarterly Income Statement
Three months ended September 30, 2009
(Unaudited)
Revenues
Per GAAP
Dusted
Network fees
$
69,771
$
69,771
License fees
707,167
(528,667) (A)
178,500
776,938
248,271
Variable Operating Costs
Media & advertising
154,705
154,705
Telemarketing
25,946
25,946
Shipping & fulfillment
19,329
19,329
Client management
Payment processing
300
300
200,281
200,281
Gross Margin
576,657
47,990
Sales, General & Administrative Costs
Marketing
656,555
(589,709) (B)
66,846
Sales and operations
64,395
64,395
Information technology
4,963
4,963
General and administrative
152,284
152,284
878,198
288,489
Net Income (Loss) from Operations
(301,541)
(240,499)
Interest expense
(25,000)
(25,000)
Net Income (Loss) Before Taxes
(326,541)
(265,499)
Provision for Corporate Taxes
Net Income (Loss)
$
(326,541)
$
(265,499)
(A) Adjustment for deferred revenue related to Master License Fees collected prior to July 1, 2009
(B) Adjustment for costs related to infomercial production costs incurred prior to July 1, 2009
but expensed as of first airdate July 29, 2009.
CONFIDENTIAL
FOR INTERNAL USE ONLY
EFTA00728707
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