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Arcadia Resources Announces Fourth Quarter and Fiscal 2009 Year-End Results
Date:6/25/2009

(Unaudited) ($000's) March 31, 2009 2009 2008 ASSETS Current assets: Cash and cash equivalents $1,522 $6,351 Accounts receivable, net of allowance of $3,386 and $2,507, respectively 15,679 16,093 Inventories, net 863 442 Prepaid expenses and other current Assets 1,615 2,409 Total current assets 19,679 25,295 Property and equipment, net 2,308 2,161 Goodwill 17,053 30,524 Acquired intangible assets, net 8,305 18,410 Other assets 590 175 Assets of discontinued operations 11,308 21,692 Total assets $59,243 $98,257 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Lines of credit, current portion $9,563 $250 Accounts payable 2,765 1,476 Accrued expenses: Compensation and related taxes 2,986 2,175 Interest 89 92 Other 1,313 1,332 Payable to affiliated agencies 1,284 1,098 Long-term obligations, current portion 596 99 Capital lease obligations, current portion 59 96 Deferred revenue - 29 Liabili
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SOURCE Arcadia Resources, Inc.
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