SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Amendment #1
(Mark One)
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934. for the quarterly period ended June 30, 1996
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934. For the transition period from _______to _________.
Commission File No. 33-21537-D
DAUPHIN TECHNOLOGY, INC.
(Exact name of registrant as specified in charter)
Illinois
(State or other jurisdiction of incorporation or organization)
87-0455038
(I.R.S. Employer Identification No.)
800 E. Northwest Hwy., Suite 950, Palatine, Illinois
(Address of principal executive offices)
60062
(Zip Code)
(847) 358-4406
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes X No _____.
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDING DURING THE
PRECEDING FIVE YEARS
Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 12, 13 or 15 (d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a
plan confirmed by a court. Yes _______ No ________.
APPLICABLE ONLY TO CORPORATE ISSUERS: Indicate the number of shares
outstanding of each of the issuer's classes of common stock, as of the
latest practicable date: August 12, 1996; 29,577,111.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, Registrant's Chief Financial Officer, thereunto duly authorized.
Dated: August 12, 1996
DAUPHIN TECHNOLOGY, INC.
(Registrant)
By: Sal Burd___________________________________
Savely Burd
(Chief Financial Officer)
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<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1996
<CASH> 374,260
<SECURITIES> 0
<RECEIVABLES> 9,648
<ALLOWANCES> 0
<INVENTORY> 2,665,072
<CURRENT-ASSETS> 3,058,169
<PP&E> 185,752
<DEPRECIATION> 92,583
<TOTAL-ASSETS> 3,151,338
<CURRENT-LIABILITIES> 142,214
<BONDS> 0
0
0
<COMMON> 29,015
<OTHER-SE> 2,980,109
<TOTAL-LIABILITY-AND-EQUITY> 3,151,338
<SALES> 23,154
<TOTAL-REVENUES> 23,154
<CGS> 12,655
<TOTAL-COSTS> 12,655
<OTHER-EXPENSES> 516,561
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (506,062)
<INCOME-TAX> 0
<INCOME-CONTINUING> (506,062)
<DISCONTINUED> 0
<EXTRAORDINARY> 38,065,373
<CHANGES> 0
<NET-INCOME> 37,559,311
<EPS-PRIMARY> (0.03)
<EPS-DILUTED> 1.95
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