Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:        
Product, net $ 356,909 $ 219,369 $ 1,553,861 $ 922,426
Service. net 2,014,891 1,688,847 6,271,462 4,601,937
Total revenues, net 2,371,800 1,908,216 7,825,323 5,524,363
Cost of revenues:        
Product 146,447 104,730 790,480 484,019
Service 1,214,116 970,050 3,656,569 2,935,453
Cost of revenues 1,360,563 1,074,780 4,447,049 3,419,472
Gross profit 1,011,237 833,436 3,378,274 2,104,891
Selling, general and administrative expenses:        
Selling expenses 450,345 382,831 1,307,193 1,179,251
General and administrative expenses 527,701 539,127 1,666,543 1,479,505
Depreciation and amortization 22,548 19,164 74,860 61,656
Total selling, general and administrative expenses 1,000,594 941,122 3,048,596 2,720,412
Income (loss) from operations 10,643 (107,686) 329,678 (615,521)
Other income (expense):        
Gain (loss) on revaluation of derivatives   866,084 362,035 1,048,840
Gain on extinguishment of debt and derivative liability     2,228,939  
Interest expense, net (24,784) (27,613) (116,609) (89,960)
Total other income (expense) (24,784) 838,471 2,474,365 958,880
Net income (loss) (14,141) 730,785 2,804,043 343,359
Net income (loss) attributable to the Noncontrolling interest in SWK Technologies 10,511 (3,136) 97,842 (62,249)
Net income (loss) attributable to SilverSun Technologies $ (24,652) $ 733,921 $ 2,706,201 $ 405,608
Net income (loss) per common share:        
Basic (in Dollars per share) $ (0.01) $ 0.21 $ 0.60 $ 0.12
Fully diluted (in Dollars per share) $ (0.01) $ 0.13 $ 0.03 $ 0.07
Weighted average shares:        
Basic (in Shares) 4,492,578 3,571,175 4,500,809 3,431,691
Diluted (in Shares) 4,492,578 5,521,811 105,777,990 5,521,811