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United American Healthcare Corporation Announces Fiscal 2008 Third Quarter Results
Date:5/13/2008

460 1,950

Total current assets 21,744 19,177

Property and equipment, net 519 357

Goodwill - 3,452

Marketable securities 7,628 7,475

Restricted assets 421 2,721

Other assets 586 586

Total assets $30,898 $33,768

Liabilities and Shareholders' Equity

Current liabilities

Medical claims payable $3,102 $576

Accounts payable and accrued expenses 938 3,142

Accrued compensation and related benefits 584 896

Accrued rent 101 135

Unearned revenue - 279

Other current liabilities 1,175 1,099

Total current liabilities 5,900 6,127

Commitments and contingencies

Total liabilities 5,900 6,127

Shareholders' equity

Preferred stock, 5,000,000 shares authorized;

none issued - -

Common stock, no par, 15,000,000 shares

authorized; 8,734,214 and 8,588,211 issued

and outstanding at March 31, 2008 and June

30, 2007, respectively 18,558 18,327

Paid in capital - stock options 1,074 607

Warrants 444 444

Retained earnings 4,862 8,303

Accumulated other comprehensive income (loss),


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SOURCE United American Healthcare Corporation
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