| Balance Sheet for Koss Corp. (KOSS) | | | | | | | Assets | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Cash and Equivalents | 3,323 | 4,188 | 6,147 | 5,219 | 2,111 | | Marketable Securities | - | - | - | - | - | | Receivables | 10,149 | 8,230 | 6,820 | 8,764 | 9,340 | | Inventories | 9,374 | 9,924 | 10,523 | 7,596 | 7,315 | | Other Current Assets | - | - | - | - | - | | Total Current Assets | 24,135 | 23,870 | 25,273 | 23,566 | 20,287 | | | Gross Fixed Assets | 13,861 | 15,870 | 17,049 | 17,930 | 17,133 | | Accumulated Depreciation | (11,115) | (13,303) | (14,011) | (14,936) | (14,436) | | Net Fixed Assets | 2,746 | 2,567 | 3,038 | 2,994 | 2,697 | | Intangibles | - | - | 527 | - | - | | Other Non-Current Assets | 2,029 | 2,312 | 1,931 | 2,366 | 2,445 | | Total Non-Current Assets | 5,842 | 5,303 | 6,168 | 5,675 | 5,393 | | Total Assets | 29,977 | 29,174 | 31,442 | 29,241 | 25,680 | | | Liabilities | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Accounts Payable | 2,951 | 1,371 | 1,870 | 3,013 | 1,049 | | Short Term Debt | - | - | - | - | - | | Other Current Liabilities | 828 | 476 | 5,130 | 1,179 | 676 | | Total Current Liabilities | 5,587 | 4,130 | 9,149 | 6,034 | 3,480 | | | Long Term Debt | - | - | - | - | - | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 1,172 | 1,114 | 1,118 | 1,086 | 1,110 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 1,172 | 1,114 | 1,118 | 1,086 | 1,110 | | Total Liabilities | 6,760 | 5,244 | 10,267 | 7,120 | 4,590 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 23,217 | 23,930 | 21,174 | 22,121 | 21,090 | | Total Equity | 23,217 | 23,930 | 21,174 | 22,121 | 21,090 | | Total Liabilities & Stock Equity | 29,977 | 29,174 | 31,442 | 29,241 | 25,680 | | | |
