Financial insights of TESI

Provision for income taxes

-

0*

-

Stock based compensation

473,770

16,323.25*

-

Impairment

-

4,853,142

-

Salaries and salary related costs

422,057

114,021*

453,174

613,010

Intangible asset impairment

-

5,508,595

-

Professional fees

682,005

510,685.5*

620,284

1,157,117

General and administrative expenses

211,998

168,873*

318,470

369,636

Amortization expense

17,187

52,700.75*

193,824

193,839

Total operating expenses

1,807,017

862,603.5*

11,947,489

2,333,602

Revenue

1,750,172

-242,029*

3,883,105

2,661,183

Cost of revenues

1,938,767

916,132.5*

3,446,900

2,102,973

Gross gain

-188,595

-1,158,161.5*

436,205

558,210

Operating gain

-1,995,612

-2,020,765*

-11,511,284

-1,775,392

Loss on extinguishment of convertible debt and issuance of series b preferred stock

-

-806,920

-

Change in fair value of derivative liability

-

4,375*

-

Other income (expense)

-81,347

-

2,547

155,235

Loss on extinguishment of convertible debt and issuance of series b preferred stock

-

-201,730*

-

Other income

-

46,477.75*

-

Loss on sale of customer contracts

-

-740,000*

370,000

-

Interest expense, net of interest income

3,414,368

-135,913.5*

1,520,478

733,812

Gain on sale of equipment

-56,917

153,015*

-88,148

-

Loss on troubled debt restructuring

-58,919

-

Gain on refinancing

140,442

-

Gain on exchange of convertible notes for common stock

-

21,614.75*

-

Gain on settlement of accounts payable

131,024

-

Total other income (expense)

-3,340,085

-580,334*

-2,042,999

-578,577

Loss from continuing operations, before provision for income taxes

-5,335,697

-2,601,099*

-

Net loss from continuing operations

-5,335,697

-2,601,099*

-

Net loss from discontinued operations, after taxes (including loss on disposal of subsidiary of 785,871)

-

7,351,342*

-

Net gain

-5,335,697

4,750,243*

-13,554,283

-2,353,969

Deemed dividend attributable to accretion of series b preferred stock to redemption value

142,581

215,572.25*

-

Deemeddividendsattributabletoaccretionofseriesbpreferredstocktoredemptionvalue

-

145,473

3,958,376

Deemed dividend related to series b preferred stock

-

1,025,962.25*

-

Net gain attributable to common stockholders

-5,478,278

3,508,708.5

-13,699,756

-6,312,345

Basic EPS

-0.02

0.016

-0.06

-0.03

Diluted EPS

-0.02

0.016

-0.06

-0.03

Basic Average Shares

222,946,480

222,067,042

Diluted Average Shares

222,946,480

222,067,042

MyFinsight

Income Overview

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Income Statement

Income Overview

Time Plot

Income Statement