EXHIBIT 99.2 ------------ NATIONAL DATACOMPUTER, INC UNAUDITED PRO FORMA STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2006 PRO FORMA PRO FORMA ADJUSTMENTS OF FROM AUDIT BUSINESS CONTINUING AS REPORTED (1) LINE (2) OPERATIONS --------------- ---------------- --------------- Revenue: Product $ 865,233 $ (561,224) $ 304,009 Services 1,260,898 (274,904) 985,994 --------------- --------------- --------------- Total Revenue 2,126,131 (836,128) 1,290,003 --------------- --------------- --------------- Cost of revenues 1,055,337 (487,917) 567,420 --------------- --------------- --------------- Gross Profit 1,070,794 (348,211) 722,583 --------------- --------------- --------------- Operating expenses: Research and product development 186,431 (125,752)(d) 60,679 Selling and marketing 276,359 (66,212)(d) 210,147 General and administrative 699,615 (37,500)(d) 662,115 --------------- --------------- --------------- 1,162,405 (229,464) 932,941 --------------- --------------- --------------- Loss from operations (91,611) (118,747) (210,358) Other (income) expense: Loss from sale of audit business line -- (5,357)(c) (5,357) Interest income 1,022 -- 1,022 Interest expense (3,785) -- (3,785) Gain on currency exchange 6,222 -- 6,222 --------------- --------------- --------------- Net loss $ (88,152) $ (124,104) $ (212,256) --------------- --------------- --------------- Net loss $ (88,152) $ (124,104) $ (212,256) Preferred stock preference (200,250) 200,250 (e) -- --------------- --------------- --------------- Net loss attributable to common stockholders $ (288,402) $ 76,146 $ (212,256) -------------- --------------- --------------- Basic and diluted net loss per share attributable to common stockholders $ (0.01) $ 0.00 $ (0.01) Weighted average shares outstanding 24,636,049 24,636,049 24,636,049 1) As reported in the Company's Unaudited Quarterly Report on Form 10-QSB for the nine months ended September 30, 2006. 2) Pro forma adjustments represent the audit business line in the Statement of Operations.