ARIUS Announces Third Quarter Fiscal 2007 Financi... (--------------- ...)

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ARIUS Announces Third Quarter Fiscal 2007 Financial Results

Date:10/12/2007

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August 31, November 30,

2007 2006

$ $

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Assets

Current assets:

Cash and cash equivalents 6,201,996 4,077,065

Short-term investments 7,962,663 16,135,490

Receivables 246,191 716,727

Refundable tax credits 600,000 400,000

Prepaid expenses 493,864 340,695

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15,504,714 21,669,977

Property and equipment, net 1,988,053 1,539,536

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17,492,767 23,209,513

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Liabilities and Shareholders' Equity

Current liabilities:

Accounts payable and accrued liabilities 1,917,930 1,211,528

Current portion of capital lease obligation 25,265 29,630

Current portion of unearned revenue and

contract advances 1,525,980 165,012

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3,469,175 1,406,170

Leasehold inducements 287,147 318,261

Capital lease obligation 8,821 27,934'/>"/>

SOURCE ARIUS Research Inc.
Copyright©2007 PR Newswire.
All rights reserved

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ARIUS Announces Third Quarter Fiscal 2007 Financi...(--------------- ...)