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Allied Healthcare Net Falls on Manufacturing Delays
Date:5/12/2008

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Inventories, net 11,587,283 12,999,472

Other current assets 451,250 275,254

Total current assets 23,033,945 24,165,363

Property, plant and equipment, net 10,223,948 10,677,000

Goodwill 15,979,830 15,979,830

Other assets, net 559,100 496,127

Total assets $49,796,823 $51,318,320

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $2,231,057 $3,040,313

Other accrued liabilities 2,254,815 2,508,820

Deferred income taxes 633,173 882,001

Deferred revenue 465,000 465,000

Total current liabilities 5,584,045 6,896,134

Deferred revenue 1,588,750 1,937,500

Commitments and contingencies

Stockholders' equity:

Preferred stock; $0.01 par value;

1,500,000 shares authorized; no shares

issued and outstanding - -

Series A preferred stock; $0.01 par

value; 200,000 shares

authorized; no shares issued and

outstanding - -

Common stock; $0.01 par value;

30,000,000 shares authorized;

10,187,069 shares issued at

March 31, 2008 and June 30, 2007;

7,883,577 shares outstanding at

March 31, 2008 and June 30, 2007 101,871 101,871

Additional paid-in capital 47,498,432 47,441,163

Retained earnings 15,755,153 15,673,080

Less treasury stock, at co
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SOURCE Allied Healthcare Products, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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