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Streamline Health Solutions, Inc. Reports Fourth Quarter and Fiscal Year 2007 Results
Date:3/31/2008

432,142

Accrued other expenses 521,210 541,904

Deferred revenues 5,183,333 3,693,668

Current portion of capitalized leases - 91,002

Total current liabilities 7,759,824 5,378,078

Long-term debt - 1,000,000

Capitalized leases - 56,049

Lease incentives 146,525 222,484

Stockholders' equity:

Convertible redeemable preferred stock,

$0.01 par value per share, 5,000,000

shares authorized, no shares issued --- ---

Common stock, $0.01 par value per share,

25,000,000 shares authorized, 9,260,320

and 9,211,399 shares issued, respectively 92,603 92,114

Capital in excess of par value 35,542,222 35,286,238

Accumulated (deficit) (27,441,889) (26,734,118)

Total stockholders' equity 8,192,936 8,644,234

$16,099,285 $15,300,845

Consolidated Statements of Cash Flows

Fiscal Year

2007 2006

Operating activities:

Net earnings (loss) $(735,562) $96,461

Adjustments to reconcile net earnings

to net cash provided by operating

activities:

Depreciation and amortization 2,189,981 1,819,233

Equity award expense 142,642 111,137

Loss on disposal of property and

equipment 16,510 -

Change in allo
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SOURCE Streamline Health Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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