Industrial Nanotech, Inc. (INTK)

Industrial Nanotech Balance Sheet

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

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Mar 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
Cash & Equivalents	0.21	0.01	0.11	-	-	0.13
Cash & Short-Term Investments	0.21	0.01	0.11	-	-	0.13
Cash Growth	148.46%	-86.53%	-	-	-	3475.54%
Accounts Receivable	0.03	0.05	0.37	0.31	0.32	0
Receivables	0.03	0.05	0.37	0.31	0.33	0
Inventory	0.11	0.06	0.27	0.04	0.04	0.03
Total Current Assets	0.35	0.12	0.75	0.35	0.38	0.16
Property, Plant & Equipment	0.02	0.02	0.01	0.03	0.03	0.02
Other Long-Term Assets	0	-	0	0.01	0.01	0.01
Total Assets	0.38	0.14	0.76	0.39	0.41	0.19
Accounts Payable	0.19	0.26	0.18	0.16	0.36	0.06
Accrued Expenses	2.13	2.44	2.3	1.9	1.54	1.09
Short-Term Debt	0.35	0.56	0.47	0.95	0.61	0.68
Total Current Liabilities	2.76	3.25	2.95	3	2.51	1.82
Total Liabilities	2.76	3.25	2.95	3	2.51	1.82
Common Stock	0.06	0.05	0.03	0.02	0.02	0.02
Additional Paid-In Capital	19.15	16.22	14.66	9.32	8.55	7.29
Retained Earnings	-20.06	-17.34	-15.82	-11.16	-9.86	-7.6
Comprehensive Income & Other	-1.53	-2.04	-1.06	-0.8	-0.8	-1.34
Total Common Equity	-2.38	-3.11	-2.18	-2.62	-2.1	-1.63
Shareholders' Equity	-2.38	-3.11	-2.18	-2.62	-2.1	-1.63
Total Liabilities & Equity	0.38	0.14	0.76	0.39	0.41	0.19
Total Debt	0.35	0.56	0.47	0.95	0.61	0.68
Net Cash (Debt)	-0.14	-0.54	-0.36	-0.95	-0.61	-0.55
Net Cash Per Share	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
Filing Date Shares Outstanding	575.14	491.78	344.23	221.43	179.51	165.68
Total Common Shares Outstanding	575.14	491.78	344.23	221.43	179.51	165.68
Working Capital	-2.4	-3.13	-2.19	-2.65	-2.14	-1.66
Book Value Per Share	-0.00	-0.01	-0.01	-0.01	-0.01	-0.01
Tangible Book Value	-2.38	-3.11	-2.18	-2.62	-2.1	-1.63
Tangible Book Value Per Share	-0.00	-0.01	-0.01	-0.01	-0.01	-0.01
Machinery	0.07	0.06	0.05	0.04	0.04	0.03

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