Isonics Corporation (ISON)

Isonics Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Apr 30, 2008	Apr 30, 2007	Apr 30, 2006	Apr 30, 2005	Apr 30, 2004
Cash & Equivalents	0.93	1.56	1.59	21.21	3.69
Cash & Short-Term Investments	0.93	1.56	1.59	21.21	3.69
Cash Growth	-40.42%	-1.89%	-92.52%	474.53%	397.44%
Accounts Receivable	2.3	3.68	3.07	0.94	0.85
Receivables	2.3	3.68	3.07	0.94	0.85
Inventory	0.39	1.26	0.63	1.55	0.99
Prepaid Expenses	0.19	1.39	1.05	0.15	0.14
Other Current Assets	0.21	0.49	2.27	-	-
Total Current Assets	4.02	8.37	8.6	23.84	5.67
Property, Plant & Equipment	4.68	5.67	4.56	5.59	0.47
Long-Term Investments	-	0.38	0.39	-	-
Goodwill	3.63	3.63	3.63	-	1.81
Other Intangible Assets	0.01	0.3	0.49	0.24	0.71
Other Long-Term Assets	0.42	0.61	0.19	1.51	0.03
Total Assets	12.76	18.96	17.86	31.18	8.68
Accounts Payable	0.83	0.97	2.17	1.08	0.63
Accrued Expenses	5.25	2.52	1.6	1.03	0.26
Current Portion of Long-Term Debt	10.53	0.13	11.2	3.7	-
Current Portion of Leases	0.55	0.34	0.01	0.04	0.05
Other Current Liabilities	-	1.09	0.06	-	-
Total Current Liabilities	17.15	5.06	15.05	5.85	0.94
Long-Term Debt	0.02	8.63	0.14	15.69	-
Long-Term Leases	0.59	0.71	0.03	0.05	0.03
Other Long-Term Liabilities	0.05	0.89	-	-	-
Total Liabilities	17.81	15.29	15.22	21.59	0.97
Common Stock	64.45	64.32	57.06	28.4	14.82
Additional Paid-In Capital	23.19	20.71	13.91	13.08	6.73
Retained Earnings	-92.68	-81.47	-68.3	-35.86	-19.35
Comprehensive Income & Other	-	-	-0.02	-0.06	-0.1
Total Common Equity	-5.05	3.56	2.64	5.56	2.1
Minority Interest	-	0.11	-	-	-
Shareholders' Equity	-5.05	3.67	2.64	9.59	7.71
Total Liabilities & Equity	12.76	18.96	17.86	31.18	8.68
Total Debt	11.69	9.82	11.39	19.48	0.09
Net Cash (Debt)	-10.76	-8.26	-9.81	1.73	3.61
Net Cash Growth	-	-	-	-52.15%	492.93%
Net Cash Per Share	-0.83	-0.69	-1.21	0.31	1.09
Filing Date Shares Outstanding	20.34	12.64	10.52	7.13	3.84
Total Common Shares Outstanding	16.06	12.64	10.52	6.92	3.84
Working Capital	-13.13	3.31	-6.45	17.99	4.73
Book Value Per Share	-0.31	0.28	0.25	0.80	0.55
Tangible Book Value	-8.69	-0.38	-1.48	5.31	-0.42
Tangible Book Value Per Share	-0.54	-0.03	-0.14	0.77	-0.11
Buildings	-	-	0.65	0.4	0.03
Machinery	7.54	6.93	5.97	5.84	0.95
Construction In Progress	0.07	0.85	0.61	0.81	-
Leasehold Improvements	1.22	1.22	0.65	0.4	0.03

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