Let's Go! As predicted, balance shhet looks like dudu: Optimal Robotics
Balance Sheet
(stated in United States dollars, unless otherwise noted)
June 30, December 31,
2000 1999
---- ----
(unaudited) (audited)
Assets
Current assets
Cash and U.S. Treasury
bill, at cost $ 1,174,399 $ 4,499,084
Short-term investments 73,841,238 24,636,606
Accounts receivable 15,108,993 4,641,566
Inventory 12,668,932 3,363,943
Tax credits receivable 266,788 252,520
Future income taxes 3,700,747 3,012,997
Prepaid expenses 278,010 127,017
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107,039,107 40,533,733
Loans receivable 137,383 155,643
Deferred share issue costs ___ 56,985
Future income taxes 1,805,138 2,112,028
Capital assets 1,967,616 1,347,903
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$110,949,244 $44,206,292
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Liabilities
Current liabilities
Accounts payable and
accrued liabilities $ 7,291,090 $ 3,659,189
Deferred revenue 1,527,693 592,271
Contract advance 250,000 250,000
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9,068,783 4,501,460
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Shareholders' Equity
Share capital 106,840,472 44,657,833
Other capital 14,966 20,559
Cumulative translation adjustment (1,484,471) 652,062
Deficit (3,490,506) (5,625,622)
-----------------------------------
101,880,461 39,704,832
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$110,949,244 $44,206,292
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