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STEN Corporation Reports 2008 Third-Quarter Revenue of $5 Million and Improved Results From Operations

9,393,787 6,555,166

PROPERTY AND EQUIPMENT, NET 1,282,512 1,051,013


Intangible assets, net 1,073,381 1,228,889

Loan receivable, net of current portion 6,613,197 4,487,466

Other assets 3,695,166 3,990,145

Total Other Assets 11,381,744 9,706,500

TOTAL ASSETS $22,058,043 $17,312,679



Line of credit, bank $0 680,000

Current portion of long term debt 5,093,881 2,886,265

Other current liabilities 2,991,048 2,791,762

Total Current Liabilities 8,084,929 6,358,027


Dealer reserves 41,792 1,076,707

Long-term debt, net of current portion 8,948,840 4,457,458

TOTAL LIABILITIES 17,075,561 11,892,192

TOTAL STOCKHOLDERS' EQUITY 4,982,482 5,420,487



SOURCE STEN Corporation
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