Investment in SpreadZoom (Tables)

3 Months Ended

Mar. 31, 2013

Investment In Spreadzoom Tables

Summary Investment Holdings

. The Company has used the equity method to account for its investment in SpreadZoom and has recorded a loss from investment of $252,588 for the three months ended March 31, 2013.

		March 31, 2013
Financial Position of SpreadZoom		(Unaudited)
Current assets	$	41,454,107
Non-current assets		2,422,513
Total assets		43,876,620
Current liabilities		27,609,965
Non-current liabilities		-
Total liabilities		27,609,965
Net ssset value	$	16,266,655
		For the Three Months
Results of Operations of SpreadZoom		Ended March 31, 2013
		(Unaudited)
Net revenues	$	18,106,466
Cost of goods sold		17,923,971
Gross profit		182,495
Operating expenses		715,903
Operating loss		(533,408)
Other income (expenses), net		185
Income (loss) before taxes		(533,223)
less: Provision for income taxes		-
Net loss	$	(533,223)
Investment loss attributable to Zoom Technologies, Inc.	$	(252,588)