Laser Energetics, Inc. (LNGT)

Laser Energetics Cash Flow Statement

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

Fiscal Year	FY 2005	FY 2004
Period Ending	Dec 31, 2005	Dec 31, 2004
Net Income	-1.63	-0.16
Depreciation & Amortization	0.01	0.01
Asset Writedown & Restructuring Costs	-	0.05
Provision & Write-off of Bad Debts	0.01	-
Other Operating Activities	-	0.03
Change in Accounts Receivable	-	-0
Change in Inventory	0	0.82
Change in Accounts Payable	0.59	0.09
Change in Unearned Revenue	0.1	-1.68
Change in Other Net Operating Assets	0	0.02
Operating Cash Flow	-0.91	-0.82
Capital Expenditures	-0.08	-
Investing Cash Flow	-0.08	-
Short-Term Debt Issued	0.1	0.1
Long-Term Debt Issued	0.2	1.33
Total Debt Issued	0.3	1.43
Short-Term Debt Repaid	-0.05	-0.17
Long-Term Debt Repaid	-0.13	-0.55
Total Debt Repaid	-0.17	-0.73
Net Debt Issued (Repaid)	0.12	0.7
Issuance of Common Stock	0.75	-
Other Financing Activities	-	-0.06
Financing Cash Flow	0.88	0.65
Net Cash Flow	-0.11	-0.18
Free Cash Flow	-0.99	-0.82
Free Cash Flow Margin	-	-32.89%
Free Cash Flow Per Share	-0.01	-0.00
Cash Interest Paid	0.04	0.04
Levered Free Cash Flow	-0.39	-
Unlevered Free Cash Flow	-0.16	-
Change in Net Working Capital	-0.7	-

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