Emageon Reports Fourth Quarter and 2007 Financi...(ber 31 ...),Health

2007 2006

ASSETS:

Current assets:

Cash and cash equivalents $17,034 $23,008

Trade accounts receivable, net 27,974 26,706

Inventories 6,241 8,579

Prepaid expenses and other current assets 4,726 4,459

Total current assets 55,975 62,752

Property and equipment, net 15,289 18,362

Restricted cash 1,000 445

Other noncurrent assets 2,334 1,363

Intangible assets, net 27,696 30,090

Total Assets $102,294 $113,012

LIABILITIES AND STOCKHOLDER'S EQUITY:

Current liabilities:

Accounts payable and accrued expenses $16,023 $16,454

Deferred revenue 17,052 23,953

Current portion of long-term debt

and capital lease obligations 36 953

Total current liabilities 33,111 41,360

Long-term deferred revenue 6,146 5,851

Other long-term liabilities 466 686

Long-term portion of capital lease obligations 53 8

Total liabilities 39,776 47,905

Stockholder's equity 62,518 65,107

Total Liabilities and Stockholders'

Equity $102,294 $113,012

Reconciliation of Non-GAAP Measure of Earnings

In Thousands, Except Per Share Amounts

(Unaudited)

The following t
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