EWKS | Earthworks Entertainment, Inc. Annual & Quarterly

Annual Income Statements

(In USD)

Breakdown	2005	2004	2003	2002	2001	2000
Revenue	-	-	-	-	-	1.47 Million
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	1.47 Million
Operating Expenses	1.68 Million	1.15 Million	696.29 Thousand	1.53 Million	2.42 Million	4.88 Million
Selling, General and Administrative Expenses	1.68 Million	1.01 Million	736.77 Thousand	1.08 Million	1.84 Million	2.8 Million
Research and Development Expenses	-	125.23 Thousand	145.1 Thousand	416.52 Thousand	551.53 Thousand	1.86 Million
Other Expenses	-	-	-	-	-	-
Cost and Expenses	1.68 Million	1.15 Million	696.29 Thousand	1.53 Million	2.42 Million	4.88 Million
Operating Income	1.68 Million	1.15 Million	912.77 Thousand	1.53 Million	2.42 Million	3.41 Million
Interest Expense	-	-	-	-	-	-
Income Tax Expense	-3.37 Million	1.21 Million	629.15 Thousand	-3.06 Million	752.65 Thousand	40.99 Thousand
Earnings before Tax	-2.51 Million	-2.36 Million	-1.32 Million	-1.57 Million	-3.11 Million	-3.47 Million
Net Income	-2.51 Million	-2.36 Million	-1.32 Million	-1.57 Million	-3.11 Million	-3.51 Million
Earnings Per Share Basic	-0.04	-0.04	-0.04	-0.07	-3.13	-5.45
Earnings Per Share Diluted	-0.04	-0.04	-0.04	-0.07	-3.13	-5.45
Weighted Average Shares Outstanding	65.02 Million	56.5 Million	34.2 Million	23.01 Million	996.06 Thousand	645.72 Thousand
Weighted Average Shares Outstanding (Diluted)	65.02 Million	56.5 Million	34.2 Million	23.01 Million	996.06 Thousand	645.72 Thousand
Gross Margin	-	-	-	-	-	1.00
EBIT Margin	-	-	-	-	-	-2.16
Profit Margin	-	-	-	-	-	-2.39
EBITDA	-582.09 Thousand	-1.26 Million	-287.33 Thousand	-1.5 Million	-1.65 Million	-3.61 Million
Earnings Before Tax Margin	-	-	-	-	-	2.31

Breakdown	2006 Q2	2006 Q1	2005 Q4	2005 Q3	2005 FY	2005 Q2
Revenue	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
Operating Expenses	247.18 Thousand	361.71 Thousand	405.74 Thousand	659.03 Thousand	1.68 Million	333.33 Thousand
Selling, General and Administrative Expenses	247.09 Thousand	361.62 Thousand	405.65 Thousand	659.32 Thousand	-	333.23 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-	-	-	-	-	-
Cost and Expenses	247.18 Thousand	361.71 Thousand	405.74 Thousand	659.03 Thousand	1.68 Million	333.33 Thousand
Operating Income	247.18 Thousand	361.71 Thousand	405.74 Thousand	708.67 Thousand	1.68 Million	333.33 Thousand
Interest Expense	88.13 Thousand	130.72 Thousand	126.24 Thousand	-	-	100.29 Thousand
Income Tax Expense	87.07 Thousand	128.73 Thousand	123.72 Thousand	-1.41 Million	-3.37 Million	-666.66 Thousand
Earnings before Tax	-	-	-529.47 Thousand	-1.32 Million	-2.51 Million	-421.78 Thousand
Net Income	-334.25 Thousand	-490.45 Thousand	-529.47 Thousand	-1.32 Million	-2.51 Million	-421.78 Thousand
Earnings Per Share Basic	-0.10	-0.15	-0.16	-0.39	-	-0.13
Earnings Per Share Diluted	-0.10	-0.15	-0.16	-0.39	-	-0.13
Weighted Average Shares Outstanding	3.37 Million	3.37 Million	3.33 Million	3.38 Million	65.02 Million	3.26 Million
Weighted Average Shares Outstanding (Diluted)	3.37 Million	3.37 Million	3.33 Million	3.38 Million	65.02 Million	3.26 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-166 Thousand	-231.44 Thousand	-228.02 Thousand	398.66 Thousand	-	-333.23 Thousand
Earnings Before Tax Margin	-	-	-	-	-	-