Abaxis (ABAX) Balance Sheet

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Cash and cash equivalents	90.39M
Short-term investments	55.12M
Receivables (net of allowances of $287 at June 30, 2011 and $320 at March 31, 2011)	35.27M
Inventories	36.23M
Prepaid expenses and other current assets	4.8M
Net deferred tax assets, current
Total current assets	226.67M
Long-term investments	15.58M
Investment in unconsolidated affiliate
Property and equipment, net	32.45M
Intangible assets, net	1.25M
Net deferred tax assets, non-current
Other assets	4.98M
Total assets	288.44M
Accounts payable	7.27M
Accrued payroll and related expenses	9.24M
Accrued taxes	31K
Other accrued liabilities	9.63M
Deferred revenue	1.63M
Warranty reserve
Total current liabilities	29.42M
Deferred rent
Deferred revenue	1.79M
Warranty reserve
Notes payable, less current portion	328K
Total non-current liabilities	5.9M
Total liabilities	35.31M
Commitments and contingencies (Note 9)	0
Preferred stock, no par value: 5,000,000 shares authorized; no shares issued and outstanding	0
Common stock, no par value: 35,000,000 shares authorized; 22,751,000 and 22,587,000 shares issued and outstanding at June 30, 2011 and at March 31, 2011, respectively	130.91M
Retained earnings	122.22M
Total shareholders' equity	253.13M
Total liabilities and shareholders' equity	288.44M

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