Ibis Technology Corp.

(NASDAQ:IBIS)

	Dec 31, 2007	Sep 30, 2007
Operating revenue
Total Revenue	163	193
Operating Revenue	163	193
Adjustments To Revenue	—	—
Cost Of Sales	1,350	-193
Cost Of Sales With Depreciation	1,716	179
Gross Operating Profit	-1,187	386
Operating Expenses
Research And Development Expenses	853	909
Selling General And Administrative Expenses	481	614
Advertising Expenses	—	—
Operating Income Before Depreciation	-2,521	-1,137
Operating Income	-4,489	-1,509
Depreciation	366	372
Depreciation Unreconciled	—	—
Amortization	—	—
Amortization Of Intangibles	—	—
Operating Income After Depreciation	-2,886	-1,509
Non Operating Expenses
Interest Expense	—	—
Pre Tax Income	-4,333	-1,291
Income Taxes	-0	—
Minority Interest	—	—
Income Before Income Taxes	-4,333	-1,291
Net Income From Continuing Operations	-4,333	-1,291
Net Income From Discontinued Operations	—	—
Net Income From Total Operations	-4,333	-1,291
Non Recurring Events
Extraordinary Income Losses	—	—
Income From Cummulated Effect Of Accounting Changes	—	—
Income From Tax Loss Carryforward	—	—
Other Gains And Losses	—	—
Total Net Income	-4,333	-1,291
Normalized Income	-2,730	-1,291
NetIncome Available For Common	-4,333	-1,291
Preferred Dividends	—	—
Excise Taxes	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Operating revenue
Total Revenue	951	13,987	602	7,926
Operating Revenue	951	13,987	602	7,926
Adjustments To Revenue	—	—	—	—
Cost Of Sales	703	4,358	-997	2,774
Cost Of Sales With Depreciation	2,215	5,894	750	4,737
Gross Operating Profit	248	9,630	1,599	5,152
Operating Expenses
Research And Development Expenses	3,789	5,396	5,993	5,330
Selling General And Administrative Expenses	2,583	3,496	3,536	3,742
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	-6,124	737	-7,930	-3,919
Operating Income	-9,238	-799	-9,677	-5,882
Depreciation	1,512	1,536	1,747	1,963
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	-7,635	-799	-9,677	-5,882
Non Operating Expenses
Interest Expense	—	—	1	35
Pre Tax Income	-8,539	406	-9,459	-5,640
Income Taxes	1	1	1	1
Minority Interest	—	—	—	—
Income Before Income Taxes	-8,539	406	-9,459	-5,640
Net Income From Continuing Operations	-8,540	405	-9,461	-5,641
Net Income From Discontinued Operations	—	—	215	-5,277
Net Income From Total Operations	-8,540	405	-9,245	-10,919
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	-8,540	405	-9,245	-10,919
Normalized Income	-6,937	405	-9,461	-5,641
NetIncome Available For Common	-8,540	405	-9,461	-5,641
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—