: $5.3M) • Headcount was expected to grow by 20 in 01; instead grew by 2 • Therefore... 2014 revenue higher, expenses lower, vs. prior projection SCHRoDINGER. EFTA00293497 Income Statement & Cash 2012 2013 2014 2015 Revenue 32,657 33,912 37,456 48,223 Cost of Goods Sold 4,007 4,612 4,917 6