Balance sheet for QUALITY PRODUCTS INC (QPDC)

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Balance Sheet for QUALITY PRODUCTS INC
Sep 30, 2004 Sep 30, 2003 Sep 30, 2002
Assets
Cash And Cash Equivalents 697 415 69
Short Term Investments - - -
Net Receivables 1,357 764 802
Inventory 2,136 1,827 1,531
Other Current Assets 218 194 254
Total Current Assets 4,408 3,201 2,656
Long Term Investments - - -
Property Plant and Equipment 731 434 439
Goodwill 1,822 1,822 1,822
Intangible Assets - - -
Accumulated Amortization - - -
Other Assets - 9 9
Deferred Long Term Asset Charges - - -
Total Assets 6,961 5,466 4,925
Liabilities
Accounts Payable 1,304 970 1,277
Short/Current Long Term Debt 287 398 1,195
Other Current Liabilities 288 151 34
Total Current Liabilities 1,879 1,518 2,506
Long Term Debt 312 908 988
Other Liabilities - - -
Deferred Long Term Liability Charges - - -
Minority Interest - - -
Negative Goodwill - - -
Total Liabilities 2,191 2,426 3,494
Stockholders' Equity
Misc Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock 0 0 -
Common Stock 0 0 0
Retained Earnings (21,218) (23,005) (24,052)
Treasury Stock - - -
Capital Surplus 25,988 26,044 25,483
Other Stockholder Equity - - -
Total Stockholder Equity 4,770 3,040 1,431
Net Tangible Assets 2,948 1,218 (390)

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