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                       Second Quarter 2002 Financial Data
    			            ZOOM TECHNOLOGIES, INC.
                     Consolidated Statements of Operations
                    In thousands, except per share amounts
                                  (Unaudited)
    
    
                               Three Months Ending     Six Months Ending
                               6/30/02    6/30/01     6/30/02     6/30/01
    
    Net sales                 $ 9,207    $ 10,245    $ 18,181    $ 20,035
    Cost of goods sold          7,225       8,091      14,422      17,966
    
      Gross profit              1,982       2,154       3,759       2,069
    
    Operating expenses:
      Selling                   1,492       1,812       3,155       3,799
      General and
       administrative             852       1,503       1,735       3,138
      Research and
       development                855       1,341       1,855       2,820
    
      Total operating
       expenses                 3,199       4,656       6,745       9,757
    
      Operating profit
       (loss)                  (1,217)     (2,502)     (2,986)     (7,688)
    
    Other income
     (expense), net                10        (128)         45        (157)
    
      Income(loss) before
       income taxes            (1,207)     (2,630)     (2,941)     (7,845)
    
    Income tax expense
     (benefit)                      -           -       2,013           -
    
      Income (loss) before
       extraordinary gain      (1,207)     (2,630)     (4,954)     (7,845)
    
    Extraordinary gain              -           -         255           -
    
      Net income (loss)      $ (1,207)   $ (2,630)   $ (4,699)   $ (7,845)
    
    
    Basic and diluted
     earnings (loss)
     per share:
    
      Earnings (loss) per
       share before
       extraordinary gain    $  (0.15)   $  (0.33)   $  (0.63)   $  (1.00)
         Extraordinary gain         -           -        0.03           -
         Earnings (loss)
          per share          $  (0.15)   $  (0.33)   $  (0.60)   $  (1.00)
    
    Weighted average number
     of shares outstanding:
    
         Basic and diluted      7,861       7,861       7,861       7,861
    

 

 

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  2006-04-20