Report Card

Report Card - Quarterly Report

Summary Data	Q4 2007	Q3 2007	Q2 2007	Q1 2007
Balance Sheet
Current Assets	9,963,000	12,875,000	13,833,000	14,790,000
Long-term Assets	9,532,000	7,100,000	7,103,000	7,167,000
Total Assets	19,495,000	19,975,000	20,936,000	21,957,000
Current Liabilities	1,495,000	807,000	1,100,000	1,321,000
Long-term Liabilities	1,391,000	1,409,000	943,000	852,000
Stockholder's Equity	16,609,000	17,759,000	18,893,000	19,784,000
Total Liabilities	2,886,000	2,216,000	2,043,000	2,173,000
Total Stockholder's Equity and Liabilities	19,495,000	19,975,000	20,936,000	21,957,000
Income Statement
Revenues	1,799,000	749,000	2,571,000	1,671,000
Operating Income	40,000	46,000	43,000	58,000
EBITDA	-1,150,000	-1,134,000	-891,000	-770,000
Net Income	-1,150,000	-1,134,000	-891,000	-771,000
Statement of Cash Flows
Operating Activities	-1,198,000	-2,044,000	-2,663,000	-1,868,000
Investing Activities	-3,445,000	-732,000	-460,000	-240,000
Financing Activities	1,096,000	1,074,000	622,000	545,000
Total	-3,547,000	-1,702,000	-2,501,000	-1,563,000
Beginning of Period	8,865,000	8,865,000	8,865,000	8,865,000
Effects of Exchange Rate Changes	0	0	0	0
End of Period	5,318,000	7,163,000	6,364,000	7,302,000
Statement of Stockholder's Equity
Shares Outstanding	131,643,600	131,643,600	131,643,600	131,643,600
Current Price	0.13	0.16	0.19	0.17
Market Capitalization	17,113,668	21,062,976	25,012,284	22,379,412
52 Week High	0.2	0.2	0.2	0.2
52 Week Low	0.13	0.14	0.14	0.12
Retained Earnings	-2,147,000	-2,435,000	-2,210,000	-2,330,000