ERF Wireless, Inc. (ERFB)

ERF Wireless Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Sep 30, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009
Cash & Equivalents	0.18	0.04	0.12	0.59	0.04	0.23
Short-Term Investments	-	-	-	0.01	-	-
Cash & Short-Term Investments	0.18	0.04	0.12	0.6	0.04	0.23
Cash Growth	62.73%	-64.41%	-80.27%	1290.70%	-81.14%	-34.48%
Accounts Receivable	0.46	1	0.83	0.6	0.39	0.49
Other Receivables	1.05	0.49	0.35	0.31	0.12	0.09
Receivables	1.5	1.49	1.17	0.91	0.52	0.57
Inventory	0.27	0.26	0.41	0.36	0.26	0.24
Prepaid Expenses	0.14	0.29	0.22	0.29	0.11	0.24
Total Current Assets	2.09	2.08	1.93	2.15	0.92	1.28
Property, Plant & Equipment	1.44	2.78	4.13	4.06	4.01	5.64
Goodwill	-	0.18	0.18	0.18	1.26	1.26
Other Intangible Assets	-	-	-	-	0.13	0.7
Other Long-Term Assets	0.06	0.04	0.04	0.06	0.17	0.25
Total Assets	3.59	5.07	6.27	6.45	6.49	9.12
Accounts Payable	1.22	1.3	1.23	0.69	0.87	0.59
Accrued Expenses	1.11	1.16	1.12	0.66	1.14	0.49
Short-Term Debt	1.8	2.53	0.77	-	0.23	-
Current Portion of Long-Term Debt	1.16	0.65	0.59	0.26	0.37	1.88
Current Portion of Leases	0.09	0.25	0.17	0.13	0.45	0.85
Current Unearned Revenue	0.02	0.01	0.02	0.21	0.35	0.42
Other Current Liabilities	0.22	0.68	0.49	0.03	0.16	0.43
Total Current Liabilities	5.61	6.58	4.39	1.98	3.57	4.66
Long-Term Debt	4.68	5.31	4.59	6.26	5.3	5.89
Long-Term Leases	0.14	0.17	0.21	0.31	0.34	0.79
Other Long-Term Liabilities	-	-	-	-	-	0.15
Total Liabilities	10.43	12.06	9.19	8.54	9.21	11.49
Common Stock	0.02	-	-	0	0	0.15
Additional Paid-In Capital	57.7	56.18	52.99	49.12	45.09	36.79
Retained Earnings	-64.66	-63.28	-56.01	-51.2	-47.82	-39.31
Comprehensive Income & Other	-0.03	-0.03	-0.03	-0.03	-	-
Total Common Equity	-6.98	-7.13	-3.05	-2.1	-2.73	-2.38
Minority Interest	0.13	0.13	0.13	-	-	-
Shareholders' Equity	-6.84	-6.99	-2.92	-2.09	-2.72	-2.37
Total Liabilities & Equity	3.59	5.07	6.27	6.45	6.49	9.12
Total Debt	7.87	8.91	6.33	6.95	6.69	9.42
Net Cash (Debt)	-7.69	-8.87	-6.21	-6.35	-6.65	-9.19
Net Cash Per Share	-2.80	-253.49	-	-	-	-
Filing Date Shares Outstanding	36.32	1	0.01	-	-	-
Total Common Shares Outstanding	14.52	0.11	0.01	-	-	-
Working Capital	-3.52	-4.5	-2.46	0.17	-2.65	-3.38
Book Value Per Share	-0.48	-63.88	-222.41	-	-	-
Tangible Book Value	-6.98	-7.31	-3.23	-2.28	-4.12	-4.33
Tangible Book Value Per Share	-0.48	-65.46	-235.24	-	-	-
Land	-	0.04	0.04	0.04	0.04	0.04
Buildings	-	0.03	0.03	0.03	0.03	0.03
Machinery	-	11.33	11.01	8.44	9.3	8.42
Construction In Progress	-	0.4	0.5	1.36	0.57	0.79
Leasehold Improvements	-	0.07	0.07	0.07	0.07	0.07

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