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Cardica Announces Fiscal 2011 Third Quarter Financial Results

Wednesday, May 11, 2011 General News J E 4
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Balance Sheets

(amounts in thousands)

March 31,

June 30,

2011

2010

Assets

(unaudited)

    Cash and cash equivalents

$ 10,987

$  6,561

    Short-term investments

250

-

    Accounts receivable

317

376

    Inventories

997

1,131

    Other assets

1,330

1,723

Total assets

$ 13,881

$  9,791

Liabilities and stockholders' equity

    Accounts payable and other liabilities

$   2,542

$  1,511

    Short term debt

-

1,400

    Deferred revenue

1,198

403

    Total stockholders' equity

10,141

6,477

Total liabilities and stockholders' equity

$ 13,881

$  9,791

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