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Loss applicable to
common shareholders
-$3,170,626
Preferred stock dividends
$2,252,941
Net loss
-$917,685
Income tax benefit
-$291,581
Direct Sales
$20,241,167
Distributor Sales
$16,955,955
Loss before income
taxes
-$1,209,266
Other income, net
$1,394,628
Sales, net
$37,197,122
Income (loss) from
operations
-$1,436,172
Gross profit
$22,492,520
Interest expense, net
$1,167,722
Cost of sales
$14,704,602
Total operating
expenses
$23,928,692
Sales and marketing
$17,435,201
General and
administrative
$6,493,491
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Income Statement
source: myfinsight.com
WILLAMETTE VALLEY VINEYARDS INC (WVVIP)
WILLAMETTE VALLEY VINEYARDS INC (WVVIP)