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Financial Statements



vs.
In Millions of U.S. Dollars
(except for per share items)
Quarter Ending
30 Jun 08
Quarter Ending
31 Mar 08 Restated Calculated
6/30/08
Quarter Ending
31 Dec 07
Revenue 15.1 10.2 14.6
Other Revenue, Total
Total Revenue 15.1 10.2 14.6
Cost of Revenue 7.8 5.9 7.3
Gross Profit 7.3 4.3 7.3
Selling/General/Admin. Expenses, Total 8.2 8.4 8.5
Research & Development 1.1 1.0 1.4
Depreciation/Amortization
Interest Expense/Income, Net
Unusual Expense (Income) 10.6
Other Operating Expense, Total
Total Operating Expense 17.1 15.4 27.8
Operating Income ( 2.1) ( 5.2) ( 13.2)
Interest Income (Expense), Net Non-Op ( 0.1) ( 0.1) 0.0
Gain (Loss) on Sale of Assets
Other, Net 0.7 ( 0.1) 0.1
Income Before Tax ( 1.4) ( 5.3) ( 13.0)
Income Tax - Total 0.0 0.1 0.1
Income After Tax ( 1.4) ( 5.4) ( 13.1)
Minority Interest
Equity In Affiliates
Net Income Before Extra. Item ( 1.4) ( 5.4) ( 13.1)
Accounting Change
Discontinued Operations 0.1 0.1 0.1
Extraordinary Item
Net Income ( 1.4) ( 5.3) ( 13.0)
Preferred Dividends
Income Avail To Common Excl. Extra. Items ( 1.4) ( 5.4) ( 13.1)
Income Avail To Common Incl. Extra. Items ( 1.4) ( 5.3) ( 13.0)
Basic/Primary Weighted Average Shares 23.5 23.5 25.2
Basic/Primary EPS Excl. Extra. Items ( 0.1) ( 0.2) ( 0.5)
Basic/Primary EPS Incl. Extra. Items ( 0.1) ( 0.2) ( 0.5)
Dilution Adjustment
Diluted Weighted Average Shares 23.5 23.5 25.2
Diluted EPS Excl. Extra. Items ( 0.1) ( 0.2) ( 0.5)
Diluted EPS Incl. Extra. Items ( 0.1) ( 0.2) ( 0.5)
DPS-Common Stock
Gross Dividends Common
Interest Expense 0.1 0.0 0.0
Depreciation 0.4 0.3
Total Special Items 10.6
Normalized Pre-Tax Income ( 1.4) ( 5.3) ( 2.4)
Effect of Sp. Charge on Inc. Taxes 3.7
Income Taxes Ex. Impact of Special Items 0.0 0.1 3.8
Normalized Income After Taxes ( 1.4) ( 5.4) ( 6.2)
Normalized Income Available to Common ( 1.4) ( 5.4) ( 6.2)
Basic Normalized EPS ( 0.1) ( 0.2) ( 0.2)
Diluted Normalized EPS ( 0.1) ( 0.2) ( 0.2)

Historical financial information is provided by Reuters. Proxim Wireless Corporation makes no representations or warranties with respect to the information contained herein and takes no responsibility for supplementing, updating, or correcting any such information.