Fortress International Group, Inc.

(NASDAQ:FIGI)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 6,856 8,402 8,392 13,172
Restricted Cash — — — —
Marketable Securities — — — —
Accounts Receivable 25,654 1,776 1,429 1,322
Loans Receivable — — — —
Other Receivable 893 18,154 13,115 19,242
Receivables 26,547 19,930 14,543 20,565
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories — — — —
Prepaid Expenses 499 602 607 301
Current Deferred Income Taxes — — — —
Other Current Assets — — — —
Total Current Assets 33,903 28,934 23,542 34,038
Land and Improvements — — — —
Building and Improvements — — — —
Machinery Furniture and Equipment — — — —
Construction in Progress — — — —
Other Fixed Assets 904 998 1,519 1,045
Total Fixed Assets 904 998 1,519 1,045
Gross Fixed Assets 904 998 1,519 1,045
Accumulated Depreciation and Depletion — — 502 —
Net Fixed Assets 904 998 1,017 1,045
Intangibles 19,839 20,657 21,586 21,089
Cost in Excess 18,814 21,787 22,429 20,715
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 151 363 814 512
Total Non Current Assets 39,707 43,804 45,847 43,361
Total Assets 73,610 72,738 69,389 77,399
Liabilities
Current Liabilities
Accounts Payable 27,412 23,319 14,507 20,002
Notes Payable 182 1,252 224 1,650
Short Term Debt — — — —
Accrued Expenses — — — —
Accrued Liabilities — — — —
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities — — — —
Total Current Liabilities 27,594 24,571 14,731 21,652
Non Current Liabilities
Long Term Debt 4,230 7,106 8,240 7,849
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 60 55 45 45
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 31,884 31,732 23,015 29,545
Total Liabilities 4,290 7,161 8,284 7,893
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 41,726 41,006 46,374 47,854
Common Par 1 1 1 1
Additional Paid in Capital 60,700 56,743 56,089 55,268
Cumulative Translation Adjustment — — — —
Retained Earnings -18,114 -14,896 -8,902 -6,601
Treasury Stock -862 -842 -814 -814
Other Equity Adjustments — — — —
Total Capitalization 45,956 48,112 54,614 55,702
Cash Flow -9,054 -8,574 -5,308 -4,419
Working Capital 6,309 4,363 8,811 12,386
Free Cash Flow -4,206 -3,147 -2,812 -22,942
Invested Capital 45,956 48,112 54,614 55,702
Total Equity 41,726 41,006 46,374 47,854
Total Liabilities and Stock Equity 73,610 72,738 69,389 77,399