Consolidated Statements of Shareholders' (Deficit) Equity
YEARS ENDED DECEMBER 31, 2011 & 2010
TYRATECH, INC. • ANNUAL REPORT 2011 • PAGE 32
Additional Non- Total
Common Paid-in Accumulated Controlling Treasury (Deficit)
Stock Capital Deficit Interest Stock Equity
Balances as of
December 31, 2009 $22,000 $63,177,312 $(63,176,664) $(967) $(4,195) $17,486
Proceeds from
issuance of
common stock,
net of expenses 29,837 4,793,027 - - - 4,822,864
Proceeds from
issuance of treasury
shares - 145,982 - - 4,018 150,000
Contribution from
non-controlling interest - - - 1,648 - 1,648
Stock based compensation - 943,255 - - - 943,255
Consolidated net loss - - (6,090,488) (6,055) - (6,096,543)
Balances as of
December 31, 2010 $51,837 $69,059,576 $(69,267,152) $(5,374) $(177) $(161,290)
Issuance of
common for
stock for SARs
exercise 19 - - - - 19
Stock based
compensation - 716,848 - - - 716,848
Contribution from
non-controlling
interest - - - 847 - 847
Net loss - - (2,720,659) (841) - (2,721,500)
Purchase of
treasury stock - 8,653 - - 177 8,830
Balances as of
December 31, 2011 $51,856 $69,785,077 $(71,987,811) $(5,368) $0 $(2,156,246)
The accompanying notes are an integral part of these consolidated financial statements.
