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AMICAS Reports Financial Results for the Second Quarter Ended June 30, 2008
Date:8/4/2008

Consolidated Balance Sheets

(Unaudited)

(in thousands, except share data)

June 30, December 31,

2008 2007

Assets

Current assets:

Cash and cash equivalents $6,353 $8,536

Marketable securities 47,527 67,071

Accounts receivable, net of allowances

of $290 and $231, respectively 11,980 10,483

Prepaid expenses and other current assets 2,700 3,600

Total current assets 68,560 89,690

Property and equipment, less accumulated

depreciation and Amortization of $7,178

and $6,848, respectively 1,334 1,186

Goodwill 27,313 27,313

Acquired/developed software, less

accumulated amortization of $9,052 and

$7,992, respectively 6,948 8,008

Other intangible assets, less accumulated

amortization of $1,956 and $1,742,

respectively 1,444 1,658

Other assets 1,583 586

Total Assets $ 107,182 $ 128,441

Liabilities and stockholders' equity

Current liabilities:

Accounts payable and accrued expenses $6,256 $7,094

Accrued employee compensation and benefits 1,658 1,451

Deferred revenue 11,153 10,375

Total current liabilities 19,067 18,920

Unrecognized tax benefits 1,326 1,275
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SOURCE AMICAS, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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