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Stereotaxis Reports Record First Quarter Orders
Date:5/6/2008

of $177,719 and $189,040

in 2008 and 2007, respectively 12,500,839 13,757,270

Current portion of long-term

receivables 214,342 136,430

Inventories 10,537,151 9,964,460

Prepaid expenses and other current

assets 5,128,255 3,421,202

Total current assets 39,353,695 50,935,740

Property and equipment, net 6,607,590 7,011,763

Intangible assets, net 1,377,778 1,411,111

Long-term receivables 483,376 272,859

Long-term investments 469,025 -

Other assets 744,321 844,321

Total assets $49,035,785 $60,475,794

Liabilities and stockholders' equity

Current liabilities:

Current maturities of long-term debt $5,888,889 $972,222

Accounts payable 7,124,879 7,349,426

Accrued liabilities 9,044,925 11,913,418

Deferred contract revenue 10,132,609 8,774,958

Total current liabilities 32,191,302 29,010,024

Long-term debt, less current maturities 833,333 6,000,000

Long-term deferred contract revenue 1,266,579 942,573

Other liabilities 344,194 328,790

Stockholders' equity:

Preferred stock, par value $0.001;

10,000,000 shares authorized at 2008 and

2007; none outstanding at 2008 and 2007 - -

Common stock, par value $0.001;

100,000,000 shares authorized at 2008

and 2007; 37,187,551 and
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SOURCE Stereotaxis, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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