| Summary of the Company's Unaudited Quarterly Results of Operations |
The following is a summary of the Company’s unaudited
quarterly results of operations for the periods ended
January 2, 2016 and December 27, 2014.
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For the three month periods ended |
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January 2,
2016 |
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December 27,
2014 |
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(unaudited) |
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(unaudited) |
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REVENUE
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$ |
11,138,300 |
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$ |
8,657,872 |
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COST OF REVENUE
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8,451,573 |
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6,829,838 |
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GROSS PROFIT
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2,686,727 |
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1,828,034 |
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OPERATING EXPENSES:
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Selling, general and administrative
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2,268,236 |
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1,240,806 |
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TOTAL OPERATING EXPENSES
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2,268,236 |
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1,240,806 |
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OPERATING INCOME
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418,491 |
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587,228 |
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OTHER INCOME (EXPENSES)
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Interest income
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4 |
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100 |
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Interest expense
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(7,242 |
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(8,979 |
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Gain on Sale of Assets
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653,261 |
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— |
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TOTAL OTHER EXPENSE
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646,023 |
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(8,879 |
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INCOME BEFORE INCOME TAXES
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1,064,514 |
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578,349 |
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INCOME TAX EXPENSE
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(168,137 |
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(176,737 |
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NET INCOME
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$ |
896,377 |
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$ |
401,612 |
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Net Income Per Share (Basic)
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$ |
0.06 |
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$ |
0.03 |
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Net Income Per Share (Fully Diluted)
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$ |
0.06 |
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$ |
0.03 |
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Weighted Average Common Shares Outstanding
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15,514,344 |
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15,436,518 |
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Weighted Average Common and Common Equivalent Shares
Outstanding
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15,514,344 |
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15,436,518 |
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