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TOUCHTOP TECHNOLOGIES, INC.Expense Detail
Assuming Equity Financing of Approximately $2.3 Million For Each of the Five Years Ending December 31, 2001
| |
1997 |
1998 |
1999 |
2000 |
2001 |
Operating expenses: |
|
|
|
|
|
| |
|
|
|
|
|
Sales & Marketing: |
|
|
|
|
|
Salaries |
0 |
612,720 |
1,576,968 |
2,364,291 |
3,487,424 |
Benefits |
0 |
151,293 |
367,040 |
547,607 |
791,245 |
Telephone |
0 |
227,780 |
621,760 |
725,241 |
885,298 |
Supplies |
0 |
341,660 |
932,640 |
1,087,859 |
1,327,946 |
Travel |
0 |
159,440 |
435,233 |
507,667 |
619,707 |
Promotion |
0 |
2,733,300 |
7,461,125 |
8,702,871 |
10,623,567 |
Professional services |
0 |
198,000 |
468,000 |
681,000 |
936,000 |
Miscellaneous expenses |
0 |
79,200 |
187,200 |
272,400 |
374,400 |
Total Sales & Marketing |
0 |
4,503,393 |
12,049,966 |
14,888,936 |
19,045,587 |
Research & Development: |
|
|
|
|
|
Salaries |
492,600 |
729,882 |
2,139,708 |
2,349,612 |
2,443,620 |
Benefits |
138,587 |
206,665 |
571,004 |
612,722 |
628,830 |
Insurance |
8,100 |
11,100 |
30,600 |
32,400 |
32,400 |
Telephone |
10,125 |
13,875 |
38,250 |
40,500 |
40,500 |
Supplies |
17,820 |
24,420 |
67,320 |
71,280 |
71,280 |
Travel |
67,059 |
85,047 |
107,861 |
136,794 |
173,490 |
Professional services |
6,480 |
8,880 |
24,480 |
25,920 |
25,920 |
Miscellaneous expenses |
16,200 |
22,200 |
61,200 |
64,800 |
64,800 |
Total Research & Development |
756,971 |
1,102,069 |
3,040,423 |
3,334,028 |
3,480,840 |
General & Administrative: |
|
|
|
|
|
Salaries |
290,988 |
438,728 |
550,965 |
692,094 |
753,072 |
Benefits |
88,060 |
137,703 |
172,717 |
207,794 |
226,444 |
Rent |
120,000 |
230,000 |
350,000 |
350,000 |
350,000 |
Insurance |
35,000 |
80,000 |
160,000 |
160,000 |
160,000 |
Utilities |
18,000 |
34,500 |
52,500 |
52,500 |
52,500 |
Telephone |
37,700 |
63,700 |
78,650 |
91,650 |
99,450 |
Supplies |
15,950 |
26,950 |
33,275 |
38,775 |
42,075 |
Travel |
87,000 |
147,000 |
181,500 |
211,500 |
229,500 |
Professional services |
120,000 |
170,830 |
466,320 |
543,930 |
663,973 |
Depreciation |
60,166 |
269,428 |
519,429 |
960,858 |
1,227,047 |
Miscellaneous expenses |
0 |
68,330 |
186,528 |
217,570 |
265,589 |
Total General & Administrative |
872,864 |
1,667,169 |
2,751,884 |
3,526,671 |
4,069,650 |
Total Operating expenses |
1,629,835 |
7,272,631 |
17,842,273 |
21,749,635 |
26,596,077 |
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