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Streamline Health® Solutions Reports Q4 Results
Date:4/12/2011

axes(790,869)1,612,987(1,933,617)1,328,608Income taxes(1,002,000)(27,500)(1,017,000)(40,500)Net earnings (loss)

$

(1,792,869)

$

1,585,487

$

(2,950,617)

$

1,288,108Basic net earnings (loss) per common share

$

(0.19)

$

0.17

$

(0.31)

$

0.14Diluted net earnings (loss) per common share

$

(0.19)

$

0.17

$

(0.31)

$

0.14Number of shares used in per common share computations:   Basic9,560,6369,401,3429,504,9869,381,285   Diluted9,560,6369,554,3639,504,9869,530,891STREAMLINE HEALTH SOLUTIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

AssetsJanuary 31,20112010Current assets:  Cash and cash equivalents

$

1,403,949

$

1,025,173  Accounts receivable, net of allowance for doubtful accounts of $100,0002,620,7561,922,279  Contract receivables680,0961,182,308  Prepaid hardware and third party software for future delivery 72,259149,281  Prepaid customer maintenance contracts794,2991,058,282  Other prepaid assets 200,056305,050  Deferred income taxes167,000224,000Total current assets5,938,4155,866,373Property and equipment:  Computer equipment2,708,8192,987,039  Computer software1,947,1351,816,397  Office furniture, fixtures and equipment747,867747,867  Leasehold improvements639,864574,2576,043,6856,125,560  Accumulated depreciation and amortization(4,517,860)(4,344,432)1,525,8251,781,128Contract receivables, less current portion241,742146,093Capitalized software development costs, net of accumulated  amortization of $12,832,347 and $10,411,828, respectively7,575,0648,049,292Other, including deferred taxes of $711,000 and $1,651,000, respectively734,3761,681,661$

16,015,422

$

17,524,547Liabilities and Stockholders' EquityCurrent liabilities:  Accounts payable

$

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SOURCE Streamline Health Solutions, Inc.
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