Sonic Foundry, Inc.

(NASDAQ:SOFO)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 3,560 3,343 3,786 6,167
Restricted Cash — — — —
Marketable Securities — — — —
Accounts Receivable 3,864 4,183 4,098 2,346
Loans Receivable — — — —
Other Receivable — — — —
Receivables 3,864 4,183 4,098 2,346
Raw Materials 10 10 10 10
Work in Progress — — — —
Purchased Components — — — —
Finished Goods 320 309 67 654
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories 330 319 77 664
Prepaid Expenses 429 463 623 724
Current Deferred Income Taxes — — — —
Other Current Assets — — — —
Total Current Assets 8,183 8,308 8,584 9,901
Land and Improvements — — — —
Building and Improvements 980 980 980 975
Machinery Furniture and Equipment 2,937 2,921 2,828 2,761
Construction in Progress — — — —
Other Fixed Assets — — — —
Total Fixed Assets 3,917 3,901 3,808 3,736
Gross Fixed Assets 3,917 3,901 3,808 3,736
Accumulated Depreciation and Depletion 2,223 2,031 1,857 1,688
Net Fixed Assets 1,694 1,870 1,951 2,048
Intangibles — — — —
Cost in Excess 7,597 7,600 7,604 7,607
Non Current Deferred Income Taxes — — — —
Other Non Current Assets — — — —
Total Non Current Assets 9,291 9,470 9,555 9,655
Total Assets 17,474 17,778 18,139 19,556
Liabilities
Current Liabilities
Accounts Payable 1,256 1,406 1,127 948
Notes Payable 333 333 333 333
Short Term Debt 46 52 59 63
Accrued Expenses — — — —
Accrued Liabilities 1,113 1,056 958 602
Deferred Revenues 4,661 3,641 3,464 3,203
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities — — — —
Total Current Liabilities 7,409 6,488 5,941 5,149
Non Current Liabilities
Long Term Debt 223 305 389 473
Capital Lease Obligations 24 36 44 57
Deferred Income Tax Liabilities — — — —
Other Non Current Liabilities 255 279 302 325
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 7,911 7,108 6,676 6,004
Total Liabilities 502 620 735 855
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 9,563 10,670 11,463 13,552
Common Par 357 357 357 357
Additional Paid in Capital 184,204 184,095 184,049 183,860
Cumulative Translation Adjustment — — — —
Retained Earnings -174,803 -173,577 -172,748 -170,470
Treasury Stock -169 -169 -169 -169
Other Equity Adjustments -26 -36 -26 -26
Total Capitalization 9,786 10,975 11,852 14,025
Cash Flow -7,158 -7,383 -8,162 -7,813
Working Capital 774 1,820 2,643 4,752
Free Cash Flow -4,087 -4,396 -4,052 -1,758
Invested Capital 9,810 11,011 11,896 14,082
Total Equity 9,563 10,670 11,463 13,552
Total Liabilities and Stock Equity 17,474 17,778 18,139 19,556