XML 27 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue $ 3,315,931 $ 2,952,706
Costs of revenue (2,074,656) (1,955,247)
Gross profit 1,241,275 997,459
Service income 40,397 84,833
Service expenses (17,460) (40,697)
General and administrative expense (490,713) (503,526)
Selling expense (318,679) (239,701)
Operating Income 454,820 298,368
Financial expenses ( including interest expense of $27,163 and $16,177) (27,649) (15,613)
Change in fair value of warrants liability (199,508) 9,526
Income before provision for income tax 227,663 292,281
Provision for income tax (97,048) (82,537)
Net income 130,615 209,744
Non-Controlling interest in income (4,594) (4,330)
Net income attributable to Dehaier Medical Systems Limited 126,021 205,414
Net income 130,615 209,744
Other comprehensive income    
Foreign currency translation adjustments 42,795 187,280
Comprehensive Income 173,410 397,024
Comprehensive loss (income) attributable to the non-controlling interest (6,766) 6,576
Comprehensive income attributable to Dehaier Medical Systems Limited $ 166,644 $ 403,600
Earnings per share    
-Basic (in dollars per share) $ 0.03 $ 0.05
-Diluted (in dollars per share) $ 0.03 $ 0.04
Weighted average number of common shares used in computation    
-Basic (in shares) 4,562,611 4,502,667
-Diluted (in shares) 4,710,528 4,660,167