| Balance Sheet for Health Grades Inc. (HGRD) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 23,369 | 16,024 | 9,682 | 6,154 | 3,559 | | Marketable Securities | - | - | 1,988 | - | - | | Receivables | 6,935 | 8,896 | 5,621 | 3,034 | 1,688 | | Inventories | - | - | - | - | - | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 31,141 | 25,632 | 18,934 | 9,442 | 5,478 | | | Gross Fixed Assets | 4,608 | 3,976 | 3,892 | 3,034 | 2,832 | | Accumulated Depreciation | (2,966) | (2,210) | (2,297) | (2,651) | (2,595) | | Net Fixed Assets | 1,641 | 1,766 | 1,595 | 383 | 237 | | Intangibles | 357 | 115 | 3,284 | 3,106 | 3,106 | | Other Non-Current Assets | - | - | - | - | - | | Total Non-Current Assets | 5,794 | 5,387 | 4,910 | 3,489 | 3,343 | | Total Assets | 36,935 | 31,020 | 23,844 | 12,931 | 8,821 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 326 | 341 | 279 | 44 | 116 | | Short Term Debt | 1 | 1 | 1 | - | - | | Other Current Liabilities | 82 | 151 | 85 | 71 | 73 | | Total Current Liabilities | 20,919 | 18,604 | 13,910 | 9,346 | 7,298 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 229 | 268 | 312 | - | - | | Minority Interest | 248 | - | - | - | - | | Total Non-Current Liabilities | 480 | 272 | 317 | - | - | | Total Liabilities | 21,399 | 18,877 | 14,227 | 9,346 | 7,298 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 15,537 | 12,143 | 9,618 | 3,585 | 1,523 | | Total Equity | 15,537 | 12,143 | 9,618 | 3,585 | 1,523 | | Total Liabilities & Stock Equity | 36,935 | 31,020 | 23,844 | 12,931 | 8,821 | | | |
