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wvvip: the income statement
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Loss applicable to
common shareholders
-$1,655,627
Accrued preferred stock
dividends
$563,177
Net loss
-$1,092,450
Income tax benefit
-$444,696
Distributor Sales
$3,716,881
Direct Sales
$4,636,319
Loss before income
taxes
-$1,537,146
Sales, net
$8,353,200
Other income
(expense), net
-$18,662
Interest expense, net
$304,957
Loss from operations
-$1,213,527
Gross profit
$5,003,972
Cost of sales
$3,349,228
Total operating
expenses
$6,217,499
General and
administrative
$1,773,066
Sales and marketing
$4,444,433
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Income Statement
source: myfinsight.com
WILLAMETTE VALLEY VINEYARDS INC (WVVIP)
WILLAMETTE VALLEY VINEYARDS INC (WVVIP)