 |
| First Quarter 2002 Financial Data
ZOOM TECHNOLOGIES, INC. |
| Consolidated Balance Sheets |
| ( 000's ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MAR 31, |
|
DEC 31, |
|
|
|
|
|
|
2002 |
|
2001 |
|
|
|
|
|
|
(Unaudited) |
|
(Audited) |
|
|
|
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Current assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and investment securities |
|
$ 7,139 |
|
$ 5,252 |
|
|
Accounts receivable, net |
|
5,041 |
|
5,652 |
|
|
Inventories |
|
|
8,009 |
|
11,083 |
|
|
Prepaid expenses and other |
|
1,066 |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Total current assets |
|
21,255 |
|
22,987 |
|
|
|
|
|
|
|
|
|
| Property and equipment, net |
|
3,908 |
|
4,129 |
|
|
|
|
|
|
|
|
|
| Other non-current assets |
|
|
27 |
|
2,069 |
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
$ 25,190 |
|
$ 29,185 |
|
|
|
|
|
|
|
|
|
| LIABILITIES
AND STOCKHOLDERS' EQUITY |
|
|
|
|
|
|
|
|
|
|
| Current liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
|
$ 2,985 |
|
$ 2,750 |
|
|
Accrued expenses |
|
|
1,475 |
|
1,880 |
|
|
Current portion of long-term debt |
|
192 |
|
139 |
|
|
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
|
4,652 |
|
4,769 |
|
|
|
|
|
|
|
|
|
|
|
Long-term debt |
|
5,654 |
|
5,745 |
|
|
Other non-current liabilities |
|
0 |
|
255 |
|
|
|
|
|
|
|
|
|
|
|
Total liabilities |
|
10,306 |
|
10,769 |
|
|
|
|
|
|
|
|
|
| Stockholdersí equity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock |
|
|
25,190 |
|
29,185 |
|
|
Retained earnings |
|
|
(13,361) |
|
(9,829) |
|
|
|
|
|
|
|
|
|
|
|
|
Total stockholders' equity |
14,884 |
|
18,416 |
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities & stockholdersí equity |
|
$ 25,190 |
|
$ 29,185 |
|
|
|
|
|
|
|
|
|
|
|
|
|
