Quarterly Financial Information [Text Block] |
11.
QUARTERLY RESULTS
(UNAUDITED)
The following table sets forth
unaudited financial data for each of our last eight fiscal
quarters:
|
First
|
Second
|
Third
|
Fourth
|
|
Quarter
|
Quarter
|
Quarter
|
Quarter
|
|
|
|
|
|
Year Ended October 31, 2012:
|
|
|
|
|
Statement of Operations Data:
|
|
|
|
|
Net revenue
|
449,195
|
248,070
|
249,470
|
350
|
Cost and operating expenses
|
1,336,451
|
1,126,268
|
892,808
|
1,726,114
|
Net loss
|
(886,085)
|
(877,109)
|
(629,102)
|
(1,860,503)
|
Net loss per share of common stock-basic and diluted
|
$0.00
|
($0.00)
|
$0.00
|
($0.01)
|
Year Ended October 31, 2011:
|
|
|
|
|
Statement of Operations Data:
|
|
|
|
|
Net revenue
|
16,958
|
86,915
|
450,360
|
448,960
|
Cost and operating expenses
|
1,543,096
|
1,374,469
|
1,658,018
|
1,455,876
|
Net loss
|
(1,526,109)
|
(1,287,040)
|
(1,773,498)
|
(2,791,389)
|
Net loss per share of common stock-basic and diluted
|
($0.01)
|
($0.01)
|
($0.01)
|
($0.02)
|
|