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Streamline Health Solutions, Inc. Reports Fourth Quarter Results
Date:4/9/2009

731,346 Leasehold improvements 574,257 574,257 5,192,936 4,627,398 Accumulated depreciation and amortization (3,625,408) (3,153,675) 1,567,528 1,473,723 Contract receivables 321,500 - Capitalized software development costs, net of accumulated amortization of $8,311,760 and $6,643,235, respectively 6,481,360 4,878,694 Other, including deferred taxes of $1,628,000 and $1,690,000, respectively 1,670,891 1,720,114 $16,732,452 $16,099,285 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $759,577 $1,518,682 Accrued compensation 299,000 536,599 Accrued other expenses 472,113 521,210 Deferred revenues 5,941,837 5,183,333 Total current liabilities 7,472,527 7,759,824 Deferred revenues 1,313,977 - Line of credit 800,000 - Other 48,842 146,525 Total liabilities 9,635,346 7,906,349 Stockholders' equity: Convertible redeemable preferred stock, $.01 par value per share, authorized, 8,500 shares issued and outstanding (see above) 5,000,000 shares authorized, no shares issued - - Common stock, $.01 par value per share, 25,000,000 shares authorized, 9,354,782 and 9,260,320 shares issued, respecti
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SOURCE Streamline Health Solutions, Inc.
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