HispanicBusiness

                     WIRELESS RONIN TECHNOLOGIES, INC.                   CONSOLIDATED STATEMENTS OF OPERATIONS                  (In thousands, except per share amounts)                            Three Months Ended        Twelve Months Ended                               December 31,              December 31,                         ------------------------  ------------------------                             2012         2011         2012         2011                         -----------  -----------  -----------  -----------                         (unaudited)  (unaudited)   (audited)    (audited)Sales  Hardware               $       394  $       358  $     1,540  $     3,845  Software                        44           88          339        1,150  Services and other           1,167        1,076        4,825        4,279                         -----------  -----------  -----------  -----------    Total sales                1,605        1,522        6,704        9,274Cost of sales  Hardware                       236          340          943        2,704  Software                         2           17           67          141  Services and other             482          719        2,019        2,363                         -----------  -----------  -----------  -----------    Total cost of sales     (exclusive of     depreciation and     amortization shown     separately below)           720        1,076        3,029        5,208                         -----------  -----------  -----------  -----------    Gross profit     (exclusive of     depreciation and     amortization shown     separately below)           885          446        3,675        4,066Operating expenses:  Sales and marketing   expenses                      353          382        1,550        2,090  Research and   development expenses          378          368        1,795        2,116  General and   administrative   expenses                    1,281        1,255        5,443        6,105  Depreciation and   amortization expense           63           90          286          467                         -----------  -----------  -----------  -----------    Total operating     expenses                  2,075        2,095        9,074       10,778                         -----------  -----------  -----------  -----------    Operating loss            (1,190)      (1,649)      (5,399)      (6,712)Other income (expenses):  Interest expense                (1)          (6)          (8)         (30)  Interest income                  -            1            1            4                         -----------  -----------  -----------  -----------    Total other loss              (1)          (5)          (7)         (26)                         -----------  -----------  -----------  -----------    Net loss             $    (1,191) $    (1,654) $    (5,406) $    (6,738)                         ===========  ===========  ===========  ===========Basic and diluted loss per common share        $     (0.24) $     (0.41) $     (1.14) $     (1.72)                         ===========  ===========  ===========  ===========Basic and diluted weighted average shares outstanding                   4,992        4,050        4,732        3,920                         -----------  -----------  -----------  -----------