Isonics Corporation (ISON)

Isonics Balance Sheet

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

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Oct 31, 2008	Apr 30, 2008	Apr 30, 2007	Apr 30, 2006	Apr 30, 2005	Apr 30, 2004
Cash & Equivalents	0.56	0.93	1.56	1.59	21.21	3.69
Cash & Short-Term Investments	0.56	0.93	1.56	1.59	21.21	3.69
Cash Growth	-25.90%	-40.42%	-1.89%	-92.52%	474.53%	397.44%
Accounts Receivable	2.22	2.3	3.68	3.07	0.94	0.85
Receivables	2.22	2.3	3.68	3.07	0.94	0.85
Inventory	0.34	0.39	1.26	0.63	1.55	0.99
Prepaid Expenses	0.42	0.19	1.39	1.05	0.15	0.14
Other Current Assets	-	0.21	0.49	2.27	-	-
Total Current Assets	3.53	4.02	8.37	8.6	23.84	5.67
Property, Plant & Equipment	3.95	4.68	5.67	4.56	5.59	0.47
Long-Term Investments	-	-	0.38	0.39	-	-
Goodwill	1.29	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	0.29	0.42	0.61	0.19	1.51	0.03
Total Assets	9.05	12.76	18.96	17.86	31.18	8.68
Accounts Payable	1.16	0.83	0.97	2.17	1.08	0.63
Accrued Expenses	5.97	5.25	2.52	1.6	1.03	0.26
Current Portion of Long-Term Debt	15.93	10.53	0.13	11.2	3.7	-
Current Portion of Leases	0.64	0.55	0.34	0.01	0.04	0.05
Other Current Liabilities	-	-	1.09	0.06	-	-
Total Current Liabilities	23.69	17.15	5.06	15.05	5.85	0.94
Long-Term Debt	0.02	0.02	8.63	0.14	15.69	-
Long-Term Leases	0.27	0.59	0.71	0.03	0.05	0.03
Other Long-Term Liabilities	0.05	0.05	0.89	-	-	-
Total Liabilities	24.03	17.81	15.29	15.22	21.59	0.97
Common Stock	64.51	64.45	64.32	57.06	28.4	14.82
Additional Paid-In Capital	23.59	23.19	20.71	13.91	13.08	6.73
Retained Earnings	-103.08	-92.68	-81.47	-68.3	-35.86	-19.35
Comprehensive Income & Other	-	-	-	-0.02	-0.06	-0.1
Total Common Equity	-14.98	-5.05	3.56	2.64	5.56	2.1
Minority Interest	-	-	0.11	-	-	-
Shareholders' Equity	-14.98	-5.05	3.67	2.64	9.59	7.71
Total Liabilities & Equity	9.05	12.76	18.96	17.86	31.18	8.68
Total Debt	16.85	11.69	9.82	11.39	19.48	0.09
Net Cash (Debt)	-16.29	-10.76	-8.26	-9.81	1.73	3.61
Net Cash Growth	-	-	-	-	-52.15%	492.93%
Net Cash Per Share	-0.97	-0.83	-0.69	-1.21	0.31	1.09
Filing Date Shares Outstanding	28	20.34	12.64	10.52	7.13	3.84
Total Common Shares Outstanding	26.75	16.06	12.64	10.52	6.92	3.84
Working Capital	-20.16	-13.13	3.31	-6.45	17.99	4.73
Book Value Per Share	-0.56	-0.31	0.28	0.25	0.80	0.55
Tangible Book Value	-16.26	-8.69	-0.38	-1.48	5.31	-0.42
Tangible Book Value Per Share	-0.61	-0.54	-0.03	-0.14	0.77	-0.11
Buildings	-	-	-	0.65	0.4	0.03
Machinery	9.35	7.54	6.93	5.97	5.84	0.95
Construction In Progress	0.02	0.07	0.85	0.61	0.81	-
Leasehold Improvements	1.22	1.22	1.22	0.65	0.4	0.03

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