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Medical International Technology Inc. Financials
Saturday, February 6th 2010
Annual Data All numbers in thousands
PERIOD ENDING 30-Sep-09 30-Sep-08 30-Sep-07
Total Revenue 656   329   339  
Cost of Revenue 228   231   122  
Gross Profit 428   97   217  
Operating Expenses
Research Development 1,981   1,802   134  
Selling General and Administrative 778   656   830  
Non Recurring -   -   -  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss (2,331) (2,361) (748)
Income from Continuing Operations
Total Other Income/Expenses Net 1   17   (125)
Earnings Before Interest And Taxes (2,330) (2,344) (873)
Interest Expense 4   18   25  
Income Before Tax (2,334) (2,362) (898)
Income Tax Expense -   -   -  
Minority Interest -   -   -  
Net Income From Continuing Ops (2,334) (2,362) (898)
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income (2,334) (2,362) (898)
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares ($2,334) ($2,362) ($898)

Quarterly Data All numbers in thousands
PERIOD ENDING 30-Sep-09 30-Jun-09 31-Mar-09 31-Dec-08
Total Revenue 264   234   88   71  
Cost of Revenue 377   (234) 34   52  
Gross Profit 184   171   54   19  
Operating Expenses
Research Development 3,462   (2,381) 1,350   (450)
Selling General and Administrative 1,216   (704) 417   (150)
Non Recurring -   -   -   -  
Others -   -   -   -  
Total Operating Expenses -   -   -   -  
Operating Income or Loss (657) (581) (512) (581)
Income from Continuing Operations
Total Other Income/Expenses Net (1) 1   (1) 1  
Earnings Before Interest And Taxes (658) (580) (513) (580)
Interest Expense 2   1   1   1  
Income Before Tax (660) (581) (513) (580)
Income Tax Expense -   -   -   -  
Minority Interest -   -   -   -  
Net Income From Continuing Ops (660) (581) (513) (580)
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income (660) (581) (513) (580)
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares ($660) ($581) ($513) ($580)