iLinc Communications Inc

(NASDAQ:ILC)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 538 1,232 669 1,085
Restricted Cash — — — —
Marketable Securities 2,778 2,760 373 368
Accounts Receivable 818 785 627 2,415
Loans Receivable — 953 — —
Other Receivable 128 — — —
Receivables 946 1,738 627 2,415
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories — — — —
Prepaid Expenses 223 301 272 592
Current Deferred Income Taxes — — — —
Other Current Assets — 594 3,145 —
Total Current Assets 4,485 6,625 5,086 4,460
Land and Improvements — — — —
Building and Improvements — — 31 —
Machinery Furniture and Equipment — — 1,999 —
Construction in Progress — — — —
Other Fixed Assets 1,963 1,985 — 3,828
Total Fixed Assets 1,963 1,985 2,030 3,828
Gross Fixed Assets 1,963 1,985 2,030 3,828
Accumulated Depreciation and Depletion 1,464 1,464 1,464 3,021
Net Fixed Assets 499 521 566 807
Intangibles 706 788 869 1,428
Cost in Excess 9,229 9,229 9,520 11,206
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 114 134 14 14
Total Non Current Assets 10,548 10,672 10,969 13,455
Total Assets 15,033 17,297 16,055 17,915
Liabilities
Current Liabilities
Accounts Payable 468 458 612 1,270
Notes Payable — — — —
Short Term Debt 224 219 215 212
Accrued Expenses — — — —
Accrued Liabilities 849 993 751 1,038
Deferred Revenues 1,294 1,509 1,507 1,572
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 89 707 778 —
Total Current Liabilities 2,924 3,886 3,863 4,092
Non Current Liabilities
Long Term Debt 7,595 7,566 7,535 7,504
Capital Lease Obligations 190 224 256 287
Deferred Income Tax Liabilities 427 406 384 363
Other Non Current Liabilities — — — —
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 11,136 12,082 12,038 12,246
Total Liabilities 8,212 8,196 8,175 8,154
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 3,897 5,215 4,017 5,669
Common Par 34 35 35 35
Additional Paid in Capital 45,289 46,519 46,498 46,673
Cumulative Translation Adjustment — — — —
Retained Earnings -41,280 -39,931 -41,108 -39,631
Treasury Stock -146 -1,408 -1,408 -1,408
Other Equity Adjustments — — — —
Total Capitalization 11,492 12,781 11,552 13,173
Cash Flow — — -1,838 -117
Working Capital 1,561 2,739 1,223 368
Free Cash Flow -2,591 -1,066 -388 -7
Invested Capital 11,682 13,005 11,808 13,460
Total Equity 3,897 5,215 4,017 5,669
Total Liabilities and Stock Equity 15,033 17,297 16,055 17,915