| Balance Sheet for QualMark Corp. (QMRK) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 1,428 | 1,179 | 529 | 516 | 442 | | Marketable Securities | 61 | - | - | - | - | | Receivables | 3,598 | 3,420 | 3,478 | 2,748 | 2,119 | | Inventories | 2,038 | 2,524 | 2,888 | 749 | 379 | | Other Current Assets | 338 | 143 | 82 | 183 | 35 | | Total Current Assets | 7,917 | 8,209 | 7,492 | 4,316 | 2,975 | | | Gross Fixed Assets | 2,472 | 2,563 | 2,895 | 3,078 | 2,914 | | Accumulated Depreciation | (1,805) | (1,776) | (1,973) | (2,486) | (2,292) | | Net Fixed Assets | 667 | 787 | 922 | 592 | 622 | | Intangibles | 963 | 1,012 | 728 | 1,353 | - | | Other Non-Current Assets | 633 | 554 | 603 | 274 | 184 | | Total Non-Current Assets | 4,361 | 3,840 | 4,048 | 2,572 | 806 | | Total Assets | 12,278 | 12,049 | 11,540 | 6,888 | 3,781 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,257 | 719 | 684 | 676 | 858 | | Short Term Debt | 2,185 | 2,013 | 1,617 | 250 | 440 | | Other Current Liabilities | 77 | - | - | - | 426 | | Total Current Liabilities | 4,484 | 3,432 | 3,369 | 1,968 | 2,174 | | | Long Term Debt | 376 | 1,627 | 2,579 | 1,480 | 480 | | Deferred Income Tax | - | - | - | - | - | | Other Non-Current Liabilities | 191 | 29 | 55 | 60 | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 567 | 1,656 | 5,427 | 3,839 | 2,352 | | Total Liabilities | 5,051 | 5,088 | 8,796 | 5,807 | 4,526 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 7,227 | 6,961 | 2,744 | 1,081 | (745) | | Total Equity | 7,227 | 6,961 | 2,744 | 1,081 | (745) | | Total Liabilities & Stock Equity | 12,278 | 12,049 | 11,540 | 6,888 | 3,781 | | | |
