Nutrition 21 Announces Fiscal First Quarter 2010 Financi...(09 2009 ...),Health

Date:11/4/2009

09 2009 ---- ---- (unaudited) (Note 1) ASSETS Current assets: Cash and cash equivalents $592 $1,373 Accounts receivable, net 2,357 2,752 Other receivables, net 90 516 Inventories, net 3,582 3,878 Other current assets 264 467 Property and equipment, net 44 46 Patents, trademarks and other intangibles, net 750 766 Goodwill and other intangibles with indefinite lives 3,636 3,636 Other assets 1,116 1,389 ----- ----- TOTAL ASSETS $12,431 $14,823 ======= ======= LIABILITIES AND STOCKHOLDERS' DEFICIT Short-term borrowings $3,070 $4,457 Accounts payable 4,068 4,439 Accrued expenses 1,540 2,218 Deferred income 144 361 Deferred income taxes 1,200 1,200 8% Series J convertible preferred stock subject to mandatory redemption 13,658 13,218 ------ ------ Total liabilities 23,680 25,893 ------ ------ Stockholders' Deficit (11,249) (11,070)
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SOURCE Nutrition 21, Inc. Copyright©2009 PR Newswire. All rights reserved

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