390,000682,000Total Other Significant Non-Cash Items Continuing Operations
12,104,221682,000Adjusted EBITDA From Continuing Operations
(4,631,747)Important Cautions Regarding Forward Looking StatementsThis press release may contain forward-looking statements that are based on the company's current expectations, forecasts and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from the company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not in the control of the company, including, without limitation, the current economic climate and other risks and uncertainties, including those enumerated and described in the company's filings with the Securities and Exchange Commission, which filings are available on the SEC's website at www.sec.gov. Unless otherwise required by law, the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
GRAYMARK HEALTHCARE, INC.Consolidated Balance SheetsAs of December 31, 2010 and 200920102009ASSETSCash and cash equivalents$
1,093,645Cash and cash equivalents from discontinued operations692,261796,961Accounts receivable, net of allowances for contractual adjustments and
doubtful accounts of $2,791,906 and $9,772,580, respectively2,892,2714,276,628Inventories553,342351,585Current assets from discontinued operations2,093,57115,515,067Other current assets468,486120,388 Total current assets7,578,72722,154,274Property and equipment, net3,870,5145,318,680Intangible assets, net2,400,7565,871,578Goodwill13,007,95320,516,894Other assets from discontinued operations1,101,01321,087,323Other assets733,5891,137,197 Total asse
|SOURCE Graymark Healthcare Inc.|
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