 |
| First Quarter 2002 Financial Data
ZOOM TECHNOLOGIES, INC. |
|
|
|
|
|
|
|
|
|
|
|
| Consolidated Statements of Income |
|
| ( 000's ) |
|
| (Unaudited) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three
Months Ending |
|
|
|
|
|
|
|
|
3/31/02 |
3/31/01 |
|
|
|
|
|
|
|
|
|
|
| Net sales |
|
|
|
$ 8,973 |
$ 10,027 |
|
|
| Cost of goods sold |
|
|
7,197 |
9,875 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross profit |
|
|
1,776 |
152 |
|
|
|
|
|
|
|
|
|
|
|
| Operating expenses: |
|
|
|
|
|
|
|
|
Selling |
|
|
1,663 |
2,223 |
|
|
|
|
General and administrative |
883 |
1,636 |
|
|
|
|
Research and development |
999 |
1,479 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
3,545 |
5,338 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit (loss) |
|
(1,769) |
(5,186) |
|
|
|
|
|
|
|
|
|
|
|
|
| Other income, net |
|
35 |
(29) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income(loss) before income taxes on income |
(1,734) |
(5,215) |
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax expense(benefit) |
|
2,013 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
|
|
$ (3,492) |
$ (5,215) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
|
$ (0.47) |
$ (0.66) |
|
|
|
|
|
|
|
| | |
