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PRO-DEX, INC. Announces Fiscal 2009 Fourth Quarter and Full-year Results
Date:9/17/2009

Other assets: Goodwill 2,997,000 2,997,000 Intangibles - Patents, net 147,000 1,221,000 Other 87,000 68,000 ------ ------ Total other assets 3,231,000 4,286,000 --------- --------- Total assets $16,467,000 $21,671,000 =========== =========== LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Line of credit $ - $2,000,000 Accounts payable 827,000 1,736,000 Accrued expenses 1,394,000 2,053,000 Income taxes payable 53,000 114,000 Current portion of term note - 396,000 Current Portion of T.I. Loan 400,000 - Current portion of real estate loan 33,000 30,000 ------ ------ Total current liabilities 2,707,000 6,329,000 Long-term liabilities: Notes Payable - T.I. Loan 1,367,000 - Real estate loan 1,528,000 1,560,000 Patent deferred payable - 44,000 Deferred income taxes 171,000 290,000 Deferred rent 212,000 150,000 ------- ------- Total long-term liabilities 3,278,000 2,044,000 --------- ---------
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