LaserCard Corporation

(NASDAQ:LCRD)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 10,529 1,142 5,583 1,920
Restricted Cash — — — 167
Marketable Securities — — — 16,500
Accounts Receivable 2,956 5,649 2,952 5,218
Loans Receivable — — — —
Other Receivable — — — —
Receivables 2,956 5,649 2,952 5,218
Raw Materials 7,577 7,064 7,675 7,825
Work in Progress 1,427 1,785 1,518 882
Purchased Components — — — —
Finished Goods 4,892 4,605 3,887 2,660
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories 13,896 13,454 13,080 11,367
Prepaid Expenses 1,746 2,106 1,618 1,266
Current Deferred Income Taxes — — — —
Other Current Assets 7,072 342 392 92
Total Current Assets 36,199 22,693 23,625 36,530
Land and Improvements 927 — 5,222 —
Building and Improvements 5,189 6,273 1,052 6,160
Machinery Furniture and Equipment 25,196 25,601 25,438 25,503
Construction in Progress 1,048 223 282 264
Other Fixed Assets — — — —
Total Fixed Assets 32,360 32,097 31,994 31,927
Gross Fixed Assets 32,360 32,097 31,994 31,927
Accumulated Depreciation and Depletion 21,245 20,973 20,294 19,835
Net Fixed Assets 11,115 11,124 11,700 12,092
Intangibles 452 417 402 389
Cost in Excess — — — —
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 13,429 20,447 20,579 7,469
Total Non Current Assets 24,996 31,988 32,681 19,950
Total Assets 61,195 54,681 56,306 56,480
Liabilities
Current Liabilities
Accounts Payable 2,490 2,711 2,561 2,180
Notes Payable — — — —
Short Term Debt 73 30 30 28
Accrued Expenses — — — —
Accrued Liabilities 2,467 2,588 3,221 2,576
Deferred Revenues 3,444 492 589 897
Current Deferred Income Tax Liabilities 312 412 405 390
Other Current Liabilities 30,996 2,455 3,060 2,353
Total Current Liabilities 39,782 8,688 9,866 8,424
Non Current Liabilities
Long Term Debt — — — —
Capital Lease Obligations 209 67 76 76
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 4,005 29,048 28,638 27,004
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 43,996 37,803 38,580 35,504
Total Liabilities 4,214 29,115 28,714 27,080
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 17,199 16,878 17,726 20,976
Common Par 121 120 120 120
Additional Paid in Capital 65,061 64,479 63,868 63,317
Cumulative Translation Adjustment — — — —
Retained Earnings -46,902 -47,141 -45,867 -42,598
Treasury Stock — — — —
Other Equity Adjustments -1,081 -580 -395 137
Total Capitalization 17,199 16,878 17,726 20,976
Cash Flow -2,411 -3,136 -4,213 -7,929
Working Capital -3,583 14,005 13,759 28,106
Free Cash Flow 4,853 -4,484 -1,618 -2,321
Invested Capital 17,408 16,945 17,802 21,052
Total Equity 17,199 16,878 17,726 20,976
Total Liabilities and Stock Equity 61,195 54,681 56,306 56,480