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Dynasil Corporation of America Reports Fiscal Year 2013 Financial Results
Date:12/20/2013

m time to time in the Company's other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:
Patty Kehe
Corporate Secretary
Dynasil Corporation of America
Phone: 617.668.6855
pkehe@dynasil.com

 DYNASIL CORPORATION OF AMERICA AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETASSETSSeptember 30,
2013September 30,
2012Current AssetsCash and cash equivalents

$
2,436,828$
3,414,880Accounts receivable, net

3,657,3205,475,142Costs in excess of billings and unbilled receivables

1,537,3181,735,798Inventories, net of reserves

3,140,2443,271,700Prepaid expenses and other current assets

1,291,9421,460,836Total current assets

12,063,65215,358,356Property, Plant and Equipment, net

4,773,7794,984,150Other AssetsIntangibles, net

3,484,5836,703,305Goodwill

6,240,98310,254,160Deferred financing costs, net

114,229165,457Total other assets

9,839,79517,122,922Total Assets$
26,677,226$
37,465,428LIABILITIES AND STOCKHOLDERS' EQUITYCurrent LiabilitiesCurrent portion of long-term debt

$
9,819,048$
,984,492Capital lease obligations, current

124,383-Accounts payable

2,056,2622,416,397Deferred revenue

515,790694,672Accrued expenses and other liabilities

2,846,8502,809,580Total current liabilities

15,362,33317,905,141Long-term LiabilitiesCapital lease obligations, net of current portion

232,173-Pension liability

249,966345,443Deferred tax liability

186,866371,256Total long-term liabilities

669,005716,699Stockholders' Equity

10,645,88818,843,588Total Liabilities and Stockholders' Equity$
26,677,226$
37,465,42
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SOURCE Dynasil Corporation of America
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