Advanced Battery Technologies, Inc. (ABAT) Income Statement

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Revenue	31.35M
Cost of Goods Sold	17.93M
Gross Profit	13.42M
Research and development expenses	298.26K
Selling, general and administrative expenses	2.08M
Operating income	11.04M
Interest income	112.17K
Interest (expense)	0
Other income	24.82K
Foreign currency transaction (loss)	-90.68K
Change in fair value of warrants	2.19M
Total other income	2.24M
Equity gain (loss) from unconsolidated entity	-923
Income before Income Taxes	13.28M
Income tax expense	3.01M
Net income	10.27M
Foreign currency translation adjustment	3.45M
Comprehensive Income	13.72M
Earnings per share - basic	0.13
Earnings per share - diluted	0.12
Weighted average number of common shares outstanding - basic	76.44M
Weighted average number of common shares outstanding - diluted	82.61M

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