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Asia
$1,942
North America
$11,926,922
Net sales
$11,928,864
Other income, net
$119,362
Gain from the
forgiveness of accounts...
$397,164
Gross profit
$2,034,060
Interest income
$130,592
Cost of goods sold
$9,894,804
Total other income
(loss), net
$454,214
Income from operations
$48,717
Loss from foreign
currency transactions
-$192,904
Total operating
expenses
$1,985,343
Income before
provision for income taxes
$502,931
Research and development
$776,818
Selling, general and
administrative
$1,208,525
Less noncontrolling
interests in net loss of...
-$80,628
Net income (loss)
$466,665
Income tax provision
$36,266
Net income
attributable to parent...
$533,622
Less noncontrolling
interests in net income...
$13,671
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Income Statement
source: myfinsight.com
FRANKLIN WIRELESS CORP (FKWL)
FRANKLIN WIRELESS CORP (FKWL)