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Streamline Health Solutions Reports Q3 Results
Date:12/8/2010

rrent assets5,329,8865,866,373Property and equipment:Computer equipment3,162,4062,987,039Computer software1,979,8691,816,397Office furniture, fixtures and equipment747,867747,867Leasehold improvements639,864574,2576,530,0066,125,560Accumulated depreciation and amortization(4,951,522)(4,344,432)1,578,4841,781,128Contract receivables, less current portion243,635146,093Capitalized software development costs, net of accumulated  amortization of $12,312,492 and $10,411,828, respectively8,090,6288,049,292Other, including deferred income taxes of $1,651,0001,674,8761,681,661$

16,917,509

$

17,524,547STREAMLINE HEALTH SOLUTIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETSLiabilities and Stockholders' Equity(Unaudited)(Audited)October 31,January 31,20102010Current liabilities:  Accounts payable

$

382,823

$

887,928  Accrued compensation650,027559,235  Accrued other expenses485,862476,504  Line of credit, current2,400,000-  Current portion of capital lease obligation209,060249,309  Current portion of deferred revenues4,530,4364,956,303Total current liabilities8,658,2087,129,279  Line of credit, non-current-900,000  Deferred revenues, less current portion109,498602,239  Capital lease obligation, less current portion24,217161,666  Accrued other expenses, non-current7,763-Total LiabilitiesStockholders' equity:8,799,6868,793,184  Convertible redeemable preferred stock, $.01 par value per share5,000,000 shares authorized, no shares issued--  Common stock, $.01 par value per share, 25,000,000 sharesauthorized, 9,767,284 and 9,436,824 shares issued, respectively97,67394,368  Additional paid in capital36,706,64936,160,126  Accumulated other comprehensive income-5,620  Accumulated deficit(28,686,499)(27,528,751)  Total stockholders' equity8,117,8238,731,363$

16,917,509

$

17,524,547STREAMLINE HEALTH SOLUTIONS, INC.

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SOURCE Streamline Health Solutions, Inc.
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