| Balance Sheet for Biomerica Inc. (BMRA) | | | | | | | Assets | in Thousands of Dollars | | | 05/2007 | 05/2006 | 05/2005 | 05/2004 | 05/2003 | | | Cash and Equivalents | 517 | 120 | 352 | 352 | 525 | | Marketable Securities | 1 | 3 | 8 | 26 | 13 | | Receivables | 505 | 561 | 1,722 | 1,517 | 1,663 | | Inventories | 1,462 | 1,104 | 2,090 | 2,673 | 2,650 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 2,610 | 1,846 | 4,287 | 4,750 | 5,023 | | | Gross Fixed Assets | 821 | 757 | 4,014 | 3,974 | 3,542 | | Accumulated Depreciation | (653) | (629) | (3,197) | (3,258) | (3,155) | | Net Fixed Assets | 168 | 127 | 817 | 717 | 387 | | Intangibles | 3 | 8 | 13 | 49 | 70 | | Other Non-Current Assets | 444 | 447 | 673 | 52 | 68 | | Total Non-Current Assets | 614 | 582 | 1,504 | 818 | 525 | | Total Assets | 3,225 | 2,428 | 5,791 | 5,568 | 5,548 | | | Liabilities | in Thousands of Dollars | | | 05/2007 | 05/2006 | 05/2005 | 05/2004 | 05/2003 | | | Accounts Payable | 666 | 581 | 1,083 | 983 | 1,280 | | Short Term Debt | 4 | 4 | 175 | - | 59 | | Other Current Liabilities | 5 | 27 | 105 | 288 | 708 | | Total Current Liabilities | 1,412 | 1,356 | 2,258 | 2,054 | 2,048 | | | Long Term Debt | - | - | - | - | 255 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 56 | - | - | - | - | | Minority Interest | - | - | 2,480 | 2,587 | 2,146 | | Total Non-Current Liabilities | 60 | 9 | 2,480 | 2,587 | 2,401 | | Total Liabilities | 1,472 | 1,365 | 4,738 | 4,642 | 4,448 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 1,753 | 1,064 | 1,053 | 926 | 1,100 | | Total Equity | 1,753 | 1,064 | 1,053 | 926 | 1,100 | | Total Liabilities & Stock Equity | 3,225 | 2,428 | 5,791 | 5,568 | 5,548 | | | |
