Avitar, Inc. (AVTI)

Avitar Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Dec 31, 2007	Sep 30, 2007	Sep 30, 2006	Sep 30, 2005	Sep 30, 2004	Sep 30, 2003
Cash & Equivalents	0	0.09	0.28	0.4	0.51	1.13
Cash & Short-Term Investments	0	0.09	0.28	0.4	0.51	1.13
Cash Growth	-98.41%	-66.47%	-29.93%	-21.32%	-55.00%	124.74%
Accounts Receivable	0.17	0.23	0.6	0.58	0.64	0.52
Other Receivables	-	-	0.01	0.01	0.01	-
Receivables	0.17	0.23	0.61	0.58	0.65	0.52
Inventory	0.23	0.23	0.27	0.37	0.35	0.25
Prepaid Expenses	0.05	0.09	0.14	0.2	0.16	0.13
Other Current Assets	-	-	-	-	-	0.67
Total Current Assets	0.45	0.63	1.3	1.56	1.67	2.7
Property, Plant & Equipment	0.2	0.22	0.32	0.3	0.29	0.24
Goodwill	-	-	-	0.14	0.24	0.24
Other Intangible Assets	-	0	0.01	0.03	0.04	0.06
Long-Term Deferred Charges	-	0.74	0.57	0.24	0.09	0.41
Other Long-Term Assets	0.79	0.15	0.15	0.16	0.01	0.03
Total Assets	1.45	1.75	2.35	2.43	2.35	3.67
Accounts Payable	0.69	0.53	0.4	0.5	0.77	1.15
Accrued Expenses	1.18	1.44	1.28	0.91	0.9	1.45
Short-Term Debt	0.8	0.83	0.84	0.88	0.2	0.34
Current Portion of Long-Term Debt	1.43	0.54	-	-	-	0
Current Portion of Leases	-	-	0.01	-	-	0.01
Current Unearned Revenue	-	-	0	0.02	0.19	0.21
Other Current Liabilities	1.15	1.12	1.8	0.66	-	0.17
Total Current Liabilities	5.25	4.46	4.34	2.96	2.06	3.33
Long-Term Debt	4.07	3.9	2.94	0.68	-	1.22
Long-Term Leases	-	-	-	-	-	0
Other Long-Term Liabilities	0.02	0.02	0.04	0.05	-	-
Total Liabilities	9.34	8.38	7.31	3.69	2.06	4.55
Common Stock	1.03	0.63	0.09	1.91	1.23	0.89
Additional Paid-In Capital	49.26	49.54	49.34	46.99	49.66	46.09
Retained Earnings	-61.39	-60.02	-57.61	-53.5	-51.56	-48.56
Total Common Equity	-11.1	-9.85	-8.18	-4.61	-0.67	-1.58
Shareholders' Equity	-7.88	-6.63	-4.97	-1.26	0.29	-0.88
Total Liabilities & Equity	1.45	1.75	2.35	2.43	2.35	3.67
Total Debt	6.3	5.27	3.79	1.56	0.2	1.57
Net Cash (Debt)	-6.3	-5.17	-3.51	-1.16	0.31	-0.44
Net Cash Per Share	-0.14	-0.20	-0.72	-0.37	0.15	-0.32
Filing Date Shares Outstanding	134.19	98.99	14.23	4.32	2.78	2.03
Total Common Shares Outstanding	102.79	63.05	8.51	3.81	2.46	1.78
Working Capital	-4.79	-3.82	-3.04	-1.4	-0.39	-0.63
Book Value Per Share	-0.11	-0.16	-0.96	-1.21	-0.27	-0.89
Tangible Book Value	-11.1	-9.85	-8.19	-4.77	-0.95	-1.88
Tangible Book Value Per Share	-0.11	-0.16	-0.96	-1.25	-0.39	-1.06
Buildings	-	-	0.17	0.14	0.05	0.05
Machinery	-	1.62	1.69	1.61	1.54	1.43
Construction In Progress	-	-	0.03	0.01	0.05	0.05
Leasehold Improvements	-	0.17	0.17	0.14	0.05	0.05

Source: S&P Global Market Intelligence. Standard template. Financial Sources.