Location Based Technologies, Inc. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2014 12 months to Aug 31, 2014	FY2013 12 months to Aug 31, 2013	FY2012 12 months to Aug 31, 2012
Net revenue
Devices
Services
Total net revenue
Cost of revenue
Devices
Services
Other
Total cost of revenue
Gross profit (loss)
Operating expenses
General and administrative
Officer compensation
Professional fees
Rent
Research and development
Salaries and wages
Loss on asset impairment
Total operating expenses
Net operating loss
Other income (expense)
Financing costs
Amortization of beneficial conversion feature
Amortization of deferred financing costs
Amortization of debt discount
Loss on change in fair value of derivative liabilities
Interest income (expense), net
Gain on debt settlement
Loss on debt extinguishment
Loss on asset disposals
Gain (loss) on asset disposal
Foreign currency gain (loss), net
Total other income (expense)
Net loss before income taxes
Provision for income taxes
Net Loss
Balance, beginning of period
Balance, end of period
Basic - Earnings (loss) per share (in Dollars per share)
Basic - Weighted Average Number of Shares Outstanding (in Shares)
Basic and Diluted - Earnings (loss) Per Share (in Dollars per share)
Basic and Diluted - Weighted Average Number of Shares Outstanding (in Shares)

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