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Encision Reports First Quarter Fiscal Year 2015 Results
Date:7/29/2014

937863Inventories, net2,1612,224Prepaid expenses24565Total current assets4,4904,842Equipment, net1,0241,106Patents, net258249Other assets1814Total assets$ 5,790$ 6,211LIABILITIES AND SHAREHOLDERS' EQUITYAccounts payable471666Accrued compensation258265Other accrued liabilities401409Lease and deferred rent payable – short term9597Total current liabilities1,2251,437Lease and deferred rent payable – long term165186Total liabilities1,3901,632Common stock and additional paid-in capital23,56023,545Accumulated (deficit)(19,160)(18,957)Total shareholders' equity4,4004,588Total liabilities and shareholders' equity$ 5,790$  6,211 Encision Inc.Condensed Statements of Operations(Amounts in thousands, except per share information)(Unaudited)Three Months
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