Image Sensing Systems, Inc.

(NASDAQ:ISNS)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 7,673 7,333 3,085 5,613
Restricted Cash — — 3,474 5,263
Marketable Securities — — — —
Accounts Receivable 5,945 5,706 5,273 4,997
Loans Receivable — — — —
Other Receivable — — — —
Receivables 5,945 5,706 5,273 4,997
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories 2,090 2,034 1,888 1,579
Inventories Adjustments and Allowances — — — —
Inventories 2,090 2,034 1,888 1,579
Prepaid Expenses 215 530 350 228
Current Deferred Income Taxes 142 142 142 142
Other Current Assets — — — —
Total Current Assets 16,065 15,745 14,212 17,822
Land and Improvements — — — —
Building and Improvements — — — 27
Machinery Furniture and Equipment — — 639 1,548
Construction in Progress — — — —
Other Fixed Assets 1,527 1,573 875 —
Total Fixed Assets 1,527 1,573 1,514 1,575
Gross Fixed Assets 1,527 1,573 1,514 1,575
Accumulated Depreciation and Depletion 875 875 875 875
Net Fixed Assets 652 698 639 700
Intangibles — — — 5,249
Cost in Excess 9,564 9,756 9,948 4,891
Non Current Deferred Income Taxes 1,893 1,849 1,826 1,676
Other Non Current Assets 4,951 5,082 5,199 —
Total Non Current Assets 17,060 17,385 17,612 12,516
Total Assets 33,125 33,130 31,824 30,338
Liabilities
Current Liabilities
Accounts Payable 362 679 821 816
Notes Payable — — — —
Short Term Debt 1,000 1,000 5,000 5,000
Accrued Expenses — — — —
Accrued Liabilities 1,566 1,959 1,095 1,213
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 313 — 524 —
Total Current Liabilities 3,241 3,638 7,440 7,029
Non Current Liabilities
Long Term Debt 3,000 3,834 — —
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 150 150 150 84
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 6,391 7,622 7,590 7,113
Total Liabilities 3,150 3,984 150 84
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 26,734 25,508 24,234 23,225
Common Par 40 39 39 39
Additional Paid in Capital 11,358 11,170 11,077 11,004
Cumulative Translation Adjustment — — — —
Retained Earnings 15,454 14,292 13,077 12,021
Treasury Stock — — — —
Other Equity Adjustments -118 7 41 161
Total Capitalization 29,734 29,342 24,234 23,225
Cash Flow 2,693 2,612 1,882 1,149
Working Capital 12,824 12,107 6,772 10,793
Free Cash Flow 3,088 2,017 1,133 -10,029
Invested Capital 29,734 29,342 24,234 23,225
Total Equity 26,734 25,508 24,234 23,225
Total Liabilities and Stock Equity 33,125 33,130 31,824 30,338