Balance sheet for QMED INC (QMED)

Balance Sheet for QMED INC
Nov 30, 2007 Nov 30, 2006 Nov 30, 2005
Assets
Cash And Cash Equivalents 1,196,000 3,040,000 4,051,000
Short Term Investments - 10,868,000 19,349,000
Net Receivables 536,000 2,005,000 3,377,000
Inventory - 37,000 31,000
Other Current Assets 6,544,000 301,000 412,000
Total Current Assets 8,276,000 16,251,000 27,220,000
Long Term Investments - 24,000 310,000
Property Plant and Equipment 717,000 989,000 1,058,000
Goodwill - - -
Intangible Assets 2,191,000 2,692,000 1,957,000
Accumulated Amortization - - -
Other Assets 137,000 855,000 129,000
Deferred Long Term Asset Charges - - -
Total Assets 11,322,000 20,811,000 30,673,000
Liabilities
Accounts Payable 1,867,000 5,101,000 3,107,000
Short/Current Long Term Debt 41,000 - 146,000
Other Current Liabilities 4,163,000 64,000 51,000
Total Current Liabilities 6,070,000 5,165,000 3,304,000
Long Term Debt 49,000 - 76,000
Other Liabilities 309,000 631,000 272,000
Deferred Long Term Liability Charges - - -
Minority Interest - - -
Negative Goodwill - - -
Total Liabilities 6,429,000 5,796,000 3,652,000
Stockholders' Equity
Misc Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock - - -
Common Stock 17,000 17,000 17,000
Retained Earnings -49,607,000 -38,359,000 -24,140,000
Treasury Stock -76,000 -76,000 -76,000
Capital Surplus 54,558,000 53,433,000 51,220,000
Other Stockholder Equity - - -
Total Stockholder Equity 4,893,000 15,015,000 27,021,000
Net Tangible Assets 2,702,000 12,323,000 25,064,000