| PERIOD ENDING | 31-Dec-08 | 31-Dec-07 | 31-Dec-06 | | | Assets | | Current Assets | | Cash And Cash Equivalents | 2,770,000 | 2,789,000 | 1,862,313 | | Short Term Investments | 3,653,000 | 231,000 | 151,356 | | Net Receivables | 850,000 | 1,104,000 | 735,300 | | Inventory | 163,000 | 309,000 | 338,127 | | Other Current Assets | 64,000 | 98,000 | 81,233 | | | Total Current Assets | 7,500,000 | 4,531,000 | 3,168,329 | | Long Term Investments | 631,000 | 611,000 | 626,249 | | Property Plant and Equipment | 11,908,000 | 12,292,000 | 13,603,202 | | Goodwill |
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| | Intangible Assets |
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| | Accumulated Amortization |
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| | Other Assets | 488,000 | 970,000 | 1,054,792 | | Deferred Long Term Asset Charges | 211,000 | 78,000 | 137,693 | | | Total Assets | 20,738,000 | 18,482,000 | 18,590,265 | | | Liabilities | | Current Liabilities | | Accounts Payable | 664,000 | 1,017,000 | 945,385 | | Short/Current Long Term Debt | 4,515,000 | 2,016,000 | 4,794,062 | | Other Current Liabilities | 437,000 | 571,000 | 318,500 | | | Total Current Liabilities | 5,616,000 | 3,604,000 | 6,057,947 | | Long Term Debt | 10,454,000 | 10,456,000 | 3,826,765 | | Other Liabilities | 203,000 | 9,033,000 | 15,102,056 | | Deferred Long Term Liability Charges | 93,000 | 38,000 | 490,105 | | Minority Interest | 2,000 | 3,000 | 266,292 | | Negative Goodwill |
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| | | Total Liabilities | 16,368,000 | 23,134,000 | 25,743,165 | | |
Stockholders' Equity
| | Misc Stocks Options Warrants |
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| | Redeemable Preferred Stock |
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| | Preferred Stock |
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| | Common Stock | 1,000 | 1,000 | 530 | | Retained Earnings | (7,689,000) | (7,685,000) | (10,378,067) | | Treasury Stock | (1,000) |
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| | Capital Surplus | 12,217,000 | 3,263,000 | 3,270,421 | | Other Stockholder Equity | (158,000) | (231,000) | (45,784) | | | Total Stockholder Equity | 4,370,000 | (4,652,000) | (7,152,900) | | | Net Tangible Assets | $4,370,000 | ($4,652,000) | ($7,152,900) |
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1.52% Nasdaq 
Balance Sheet
