CYBERONICS, INC. AND SUBSIDIARY
CONDENSED CONSOLIDATED BALANCE SHEET
(Unaudited except where indicated)
July 24, April 24,
2009 2009
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(Audited)
ASSETS
Current Assets
Cash and cash equivalents $56,258,211 $66,225,479
Restricted cash 1,000,000 1,000,000
Accounts receivable, net 24,963,824 22,250,653
Inventories 13,548,831 12,841,064
Other current assets 2,419,672 2,216,706
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Total Current Assets 98,190,538 104,533,902
Property and equipment, net and other
assets 7,438,309 7,509,726
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Total Assets $105,628,847 $112,043,628
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities $16,753,850 $17,645,240
Long Term Liabilities:
Convertible notes 46,715,000 62,339,000
Deferred license revenue and other 7,272,821
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