Medifast Diversified Business Model Drives Strong Revenue and Earnings Growth for the Third Quart...(Inventory 1...),Health

Investment securities 1,139,000 1,439,000

Deferred compensation 687,000 814,000

Prepaid expenses and other current

assets 2,884,000 2,727,000

Prepaid income tax 757,000 -

Note receivable - current 180,000 180,000

Deferred tax asset 100,000 100,000

Total Current Assets 20,075,000 17,129,000

Property, plant and equipment - net 20,969,000 17,031,000

Trademarks and intangibles - net 5,972,000 7,356,000

Deferred tax asset, net of current

portion 897,000 897,000

Note receivable, net of current

portion 1,113,000 1,212,000

Other assets 350,000 99,000

TOTAL ASSETS $49,376,000 $43,724,000

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued

expenses $4,592,000 $4,279,000

Income taxes payable - 592,000

Line of credit 3,131,000 1,599,000

Current maturities

of long-term debt 257,000 264,000

Total Current liabilities 7,980,000 6,734,000

Long-term debt, net of current

liabilities 4,377,000 4,570,000

Total liabilities 12,357,000 11,304,000

Stockholders' equity:

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