| Balance Sheet for Ikonics Corp. (IKNX) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 1,230 | 3,428 | 3,412 | 2,737 | 1,508 | | Marketable Securities | 3,550 | - | 85 | 124 | 222 | | Receivables | 2,025 | 1,977 | 1,703 | 1,643 | 1,859 | | Inventories | 2,356 | 2,495 | 2,364 | 2,201 | 1,807 | | Other Current Assets | - | 232 | - | - | - | | Total Current Assets | 9,316 | 8,229 | 7,728 | 6,906 | 5,598 | | | Gross Fixed Assets | 5,364 | 4,918 | 5,467 | 5,324 | 5,120 | | Accumulated Depreciation | (4,043) | (3,926) | (4,515) | (4,296) | (4,010) | | Net Fixed Assets | 1,321 | 992 | 952 | 1,029 | 1,110 | | Intangibles | 480 | 485 | 279 | 292 | 308 | | Other Non-Current Assets | 855 | 989 | 451 | 197 | 113 | | Total Non-Current Assets | 2,667 | 2,514 | 1,742 | 1,584 | 1,597 | | Total Assets | 11,982 | 10,743 | 9,471 | 8,490 | 7,195 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 436 | 288 | 439 | 536 | 265 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 5 | 94 | 57 | 30 | 127 | | Total Current Liabilities | 937 | 879 | 992 | 1,076 | 826 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | - | - | - | - | - | | Total Liabilities | 937 | 879 | 992 | 1,076 | 826 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 11,046 | 9,864 | 8,479 | 7,414 | 6,368 | | Total Equity | 11,046 | 9,864 | 8,479 | 7,414 | 6,368 | | Total Liabilities & Stock Equity | 11,982 | 10,743 | 9,471 | 8,490 | 7,195 | | | |
