Avantair, Inc. (AAIR) Income Statement

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Fractional aircraft sold and lease revenue	2.08M
Management and maintenance fees	21.12M
Flight hour card and club membership revenue	6.24M
Other revenue	498K
Total revenue	34.66M
Cost of fractional aircraft shares sold	1.69M
Cost of flight operations	21.82M
Cost of fuel	8.4M
General and administrative expenses	5.09M
Selling expenses	708K
Depreciation and amortization	1.09M
Gain on debt extinguishment	0
Total operating expenses	39.82M
Loss from operations	-5.16M
Interest and other income	42K
Interest expense	-1.56M
Total other expenses	-2.81M
Net loss	-7.97M
Preferred stock dividend and accretion of expenses	361K
Net loss attributable to common stockholders	-8.33M
Basic and diluted	-0.2
Basic and diluted

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