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                        Third Quarter 2002 Financial Data
                           ZOOM TECHNOLOGIES, INC.
                    Consolidated Statements of Operations
                    In thousands, except per share amounts
                                 (Unaudited)
    
    
                                       Three Months         Nine Months
                                         Ending               Ending
                                    9/30/02   9/30/01   9/30/02   9/30/01
    
    
    Net sales                       $10,878   $11,719   $29,059   $31,991
    Cost of goods sold                7,707     8,889    22,116    26,855
    
       Gross profit                   3,171     2,830     6,943     5,136
    
    Operating expenses:
       Selling                        1,423     1,802     4,488     5,838
       General and administrative       825     1,433     2,588     4,571
       Research and development         879     1,335     2,810     4,155
       Total operating expenses       3,127     4,570     9,886    14,564
    
       Operating profit (loss)           44    (1,740)   (2,943)   (9,428)
    
    Other income (expense), net          48        23        94      (134)
    
       Income (loss) before income
        taxes                            92    (1,717)   (2,849)   (9,562)
    
    Income tax expense (benefit)          -     3,800     2,013     3,800
    
       Income (loss) before
        extraordinary gain               92    (5,517)   (4,862)  (13,362)
    
    Extraordinary gain                    -         -       255         -
    
       Net income (loss)                $92   $(5,517)  $(4,607) $(13,362)
    
    Basic earnings (loss) per share:
       Earnings (loss) per share
        before extraordinary
        gain                          $0.01    $(0.70)   $(0.62)   $(1.70)
       Extraordinary gain                 -         -      0.03         -
       Earnings (loss) per share      $0.01    $(0.70)   $(0.59)   $(1.70)
    
    Diluted earnings (loss) per
     share:
       Earnings (loss) per share
        before extraordinary
        gain                          $0.01    $(0.70)   $(0.62)   $(1.70)
       Extraordinary gain                 -         -      0.03         -
       Earnings (loss) per share      $0.01    $(0.70)   $(0.59)   $(1.70)
    
    Weighted average number of
     shares outstanding:
    
       Basic                          7,861     7,861     7,861     7,861
    
       Diluted                        7,862     7,861     7,875     7,861

 

 

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  2006-04-20