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Pacific Biometrics Inc. Reports First Quarter Operating Results
Date:11/16/2009

========== ========== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $511,082 $678,818 Accrued liabilities 421,524 660,284 Advances from customers - current portion 174,779 155,471 Capital lease obligation - current portion 64,896 62,709 Secured note - current portion, net discount of $26,257 391,117 - ------- --- Total current liabilities 1,563,398 1,557,282 Advances from customers - long - term portion 272,032 272,032 Capital lease obligations - long - term portion 139,239 156,309 Secured note - long - term portion, net discount of $173,510 3,409,116 - --------- --- Total liabilities 5,383,785 1,985,623 --------- --------- Commitments and contingencies - - Stockholders' equity: Preferred stock, Series A convertible $0.01 par value, 5,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2009 and June 30, 2009 - - Common stock, $0.01 par value, 30,000,000 shares authorized, 19,099,539 shares issued and 16,813,133 outstanding at September 30, 2009, 19,099,539 shares issued and outstanding at June 30, 2009 192,050 190,995 Additional paid-in capital 29,193,052 29,121,334 Accumulated deficit (26,741,667) (26,
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SOURCE Pacific Biometrics, Inc.
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