Here is their balance sheet from the recent Q ended on Dec. 31, 1996. It is in their Q earning report (Bizwire)
Shares used in per share
calculation 10,993,012 10,537,861
Consolidated Condensed Balance Sheets
(Dollars in thousands)
December 31 December 31
1996 1995
(Unaudited) (Audited)
Assets:
Current Assets:
Cash and cash equivalents $20,774 $33,338
Accounts receivable, net 9,885 6,377
Inventories, net 2,323 2,834
Prepaid expenses and other current assets 2,504 1,374
Total current assets 35,486 43,923
Property and equipment, net 5,841 4,041
Direct marketing costs 1,067 1,554
Other assets and deposits 86 127
Purchased intangibles, net 1,662 528
Total Assets $44,142 $50,173
Liabilities and Stockholders' Equity:
Current liabilities:
Current portion of capital lease obligations $1,063 $1,143
Accounts payable 5,619 3,392
Accrued expenses 2,252 2,265
Reserve for distributor inventories 204 934
Deferred revenue 1,001 627
Total current liabilities 10,139 8,361
Capital lease obligations,
net of current portion 510 1,506
Stockholders' equity 33,493 40,306
Total liabilities and stockholders' equity $44,142 $50,173 |
