| |
Quarter ended 3/31/00 |
|
|
Quarter ended 6/30/00 |
|
|
Quarter ended 9/30/00 |
|
|
Quarter ended 12/31/00 |
|
|
Year ended 12/31/00 |
|
| |
Historical |
Restated |
|
Historical |
Restated |
|
Historical |
Restated |
|
Historical |
Restated |
|
Historical |
Restated |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Service fees |
2,316,815 |
2,316,815 |
|
2,865,471 |
2,865,471 |
|
3,724,723 |
3,724,723 |
|
4,404,312 |
4,404,312 |
|
13,311,321 |
13,311,321 |
|
Implementation and other revenues |
829,859 |
682,021 |
|
805,851 |
613,794 |
|
601,120 |
479,090 |
|
765,439 |
558,034 |
|
3,002,269 |
2,332,939 |
|
Revenues |
3,147 |
2,999 |
|
3,671 |
3,479 |
|
4,326 |
4,204 |
|
5,170 |
4,962 |
|
16,314 |
15,644 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues |
3,099 |
2,995 |
|
3,229 |
3,156 |
|
3,467 |
3,354 |
|
3,745 |
3,665 |
|
13,540 |
13,170 |
|
Gross profit |
48 |
4 |
|
442 |
323 |
|
859 |
850 |
|
1,425 |
1,297 |
|
2,774 |
2,474 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
General & administrative |
1,662,317 |
1,662,317 |
|
1,501,391 |
1,501,391 |
|
1,580,854 |
1,580,854 |
|
1,681,625 |
1,681,625 |
|
6,426,187 |
6,426,187 |
|
Selling and marketing |
2,266,814 |
2,266,814 |
|
2,162,027 |
2,162,027 |
|
2,269,018 |
2,269,018 |
|
2,274,235 |
2,274,235 |
|
8,972,094 |
8,972,094 |
|
Systems and development |
1,426,953 |
1,426,953 |
|
1,684,762 |
1,684,762 |
|
1,568,796 |
1,568,796 |
|
1,510,274 |
1,510,274 |
|
6,190,785 |
6,190,785 |
|
Operating expenses |
5,356 |
5,356 |
|
5,348 |
5,348 |
|
5,419 |
5,419 |
|
5,466 |
5,466 |
|
21,589 |
21,589 |
|
Loss from operations |
(5,308) |
(5,352) |
|
(4,906) |
(5,025) |
|
(4,560) |
(4,569) |
|
(4,041) |
(4,169) |
|
(18,815) |
(19,115) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expenses) |
272 |
272 |
|
217 |
217 |
|
143 |
143 |
|
(131) |
(131) |
|
501 |
501 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss |
(5,036) |
(5,080) |
|
(4,689) |
(4,808) |
|
(4,417) |
(4,426) |
|
(4,172) |
(4,300) |
|
(18,314) |
(18,614) |
|
Cumulative effect of change in accounting
principal |
- 0 |
(216,818) |
|
- 0 |
|
|
- 0 |
|
|
- 0 |
- 0 |
|
- 0 |
(216,818) |
| |
|
(216,818) |
|
|
- |
|
|
- |
|
|
- |
|
|
(216,818) |
|
Net loss |
(5,035,659) |
(5,296,947) |
|
(4,689,300) |
(4,808,239) |
|
(4,416,192) |
(4,425,265) |
|
(4,171,894) |
(4,300,149) |
|
(18,313,045) |
(18,830,600) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operations |
(0.48) |
(0.48) |
|
(0.43) |
(0.44) |
|
(0.39) |
(0.39) |
|
(0.35) |
(0.36) |
|
(1.64) |
(1.66) |
|
Net loss |
(0.45) |
(0.46) |
|
(0.41) |
(0.42) |
|
(0.38) |
(0.38) |
|
(0.36) |
(0.37) |
|
(1.59) |
(1.62) |
|
Cumulative effect of change in accounting principal |
- |
(0.02) |
|
- |
- |
|
- |
- |
|
- |
- |
|
- |
(0.02) |
|
Net loss |
(0.45) |
(0.48) |
|
(0.41) |
(0.42) |
|
(0.38) |
(0.38) |
|
(0.36) |
(0.37) |
|
(1.60) |
(1.64) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares used in calculation of loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted |
11,135 |
11,135 |
|
11,541 |
11,541 |
|
11,595 |
11,595 |
|
11,620 |
11,620 |
|
11,487 |
11,487 |
|
