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$0.02Balance Sheet HighlightsDecember 31,June 30,20102010(Unaudited)Cash
$191,822
$383,756Accounts receivable
3,866,503
3,735,251Inventories
5,782,367
5,766,800Total current assets
10,582,101
10,609,813Total assets
$14,877,942
$15,090,329Accounts payable
1,921,433
$1,404,022Accrued expenses
467,139
462,641Line of credit
2,401,905
2,768,492Total current liabilities
5,628,132
5,686,280Total liabilities
8,069,737
8,291,052Total liabilities and equity
$14,877,942
$15,090,329Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, podiatry, plastic surgery, dermatology and other related medical, cosmetic and aesthetic markets. More information regarding Dynatronics is available at www.dynatronics.com.
This press release contains forward-looking statements. Those statements include references to the company's expectations and similar statements such as the statement regarding expectations for future new product line introductions and growth from GPO contracts. Actual results may vary from the views expressed in the forward-looking statements contained in this release. The development and sale of the company's products are subject to a number of risks and uncertainties, including, but not limited to, changes in the regulatory environment, competitive factors, inventory risks due to shifts in market demand, m
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