AcuNetx Files 10KSB Showing Continued Improvement & Growth.TORRANCE, Calif. -- AcuNetx, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ANTX), announced today that it has filed its year ending December 31, 2007 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. . Unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. of its products increased 35% from 2006 with overall gross profit improving from $1,608,796 in 2006 to $1,960,627 in 2007. The expenditure controls put into place in early 2007 resulted in an 89% decrease in the company's net loss, from $8,223,391 in 2006 to $905,070 in 2007. Selling, general and administrative expenses also significantly decreased by 37%, from $4,062,300 in 2006 to $2,586,411 in 2007. Another important business metric was year-end net accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying which decreased 84% from the prior year. The company's HawkEye[TM] eye observation and recording product for law enforcement, during its initial six months of commercial introduction, showed modest revenue, providing an additional $27,200 (6 systems) of revenue (www.acunetx.com/hawkeye). With two new patents approved, and increasing national media attention, HawkEye[TM] is forecasted to sell significantly more systems for use in "Driving Under the Influence" applications during 2008. The complete 10KSB filing can be found at www.sec.gov. About AcuNetx, Inc. AcuNetx markets a diverse line of diagnostic, analytical and therapeutic tools for medical (audiologists, neurologists This is a list of the most important neurologists, with their dates of birth and death and nationality.
Also known as a "lie detector," the polygraph has a controversial history in U.S. law. ). AcuNetx is headquartered in Torrance, CA. For more information concerning AcuNetx and its subsidiaries, please visit www.acunetx.com. |
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