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China Sky One Medical Announces First Quarter 2010 Results
Date:5/18/2010

ent 21 117 Comprehensive Income $12,610 $7,360 China Sky One Medical, Inc. and Subsidiaries Condensed Consolidated Balance Sheets ($ in thousands, except share data) March 31, December 31, 2010 2009 (Unaudited) (Restated) ASSETS Current Assets Cash and cash equivalents $65,399 $52,756 Accounts receivable, net 18,583 21,146 Inventories 2,223 2,413 Prepaid and other current assets 98 74 Total current assets 86,303 76,389 Property and equipment, net 15,319 15,491 Intangible assets, net 24,438 25,114 Construction in progress 12,932 12,932 Land use rights, net 4,577 4,586 Construction deposit 5,851 5,851 Total Assets $149,420 $140,363 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses $5,329 $4,186 Taxes payable 4,011 3,873 Derivative warrant liability 5,636 11,435 Total current liabilities 14,976 19,494 Commitments and Contingencies -- -- Stockholders' Equity Preferred stock ($0.001 par value, 5,00
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SOURCE China Sky One Medical, Inc.
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