Forward-Looking Statements
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements that involve
risks and uncertainties that could cause actual results to differ
materially from those predicted by such forward-looking statements. These
risks and uncertainties include general economic conditions, as well as
other risks detailed from time to time in InfuSystem's publicly filed
documents.
InfuSystem Holdings, Inc.
CONSOLIDATED BALANCE SHEETS
March 31, December 31,
(in thousands, except share data) 2008 2007
ASSETS (Unaudited)
Current Assets:
Cash and cash equivalents 6,430 3,960
Accounts receivable, less allowance for
doubtful accounts of $1945 and $1638 at
March 31, 2008 and December 31, 2007,
respectively; March 31, 2008 and
December 31, 2007 include $47 and $103
due from I-Flow, respectively 5,256 6,304
Inventory supplies 302 364
Prepaid expenses and other current assets 522 1,263
Deferred income taxes 4 4
Total Current Assets 12,514 11,895
Property & equipment, net 12,903 13,504
Deferred debt issuance costs, net 1,738 1,918
Goodwill 56,572 56,544
Intangible assets, net 32,108 3
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