Vusion, Inc. Balance Sheet FY 6/30/00 FY 6/30/01   1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q ASSETS                 Current Assets                 Cash 784,800 473,297 8,198,949 6,730,576 5,139,481 3,684,016 2,734,534 1,113,968 Net A/R 0 0 0 0 0 0 126,770 247,253 Inventory 0 0 0 0 0 0 58,425 106,600 Total Current Assets 784,800 473,297 8,198,949 6,730,576 5,139,481 3,684,016 2,919,729 1,467,820 Gross Fixed Assets 10,000 20,000 70,500 1,021,500 1,535,000 1,966,500 2,479,000 2,618,000 Less Acc. Depr. 567 1,700 5,356 16,833 45,400 87,878 147,167 218,947 Net Fixed Assets 9,433 18,300 65,144 1,004,667 1,489,600 1,878,622 2,331,833 2,399,053 Other Assets 140,000 240,000 340,000 400,000 470,000 470,000 470,000 470,000 TOTAL ASSETS 934,233 731,597 8,604,094 8,135,242 7,099,081 6,032,638 5,721,562 4,336,873 LIABILITIES                 Short Term Liabilities                 A/P 10,900 14,300 38,400 57,450 101,550 128,500 194,917 217,617 Salaries Payable 5,833 15,417 25,630 38,130 68,911 85,974 119,005 130,599 Taxes Payable 0 0 0 0 0 0 0 0 Line of Credit 0 0 0 0 0 0 82,400 160,714 CP- LT Debt 1,528 2,917 101,991 97,611 99,162 95,116 94,111 87,991 Total Short Term Liabilities 18,261 32,633 166,021 193,191 269,623 309,590 490,433 596,920 Long Term Debt 3,056 5,833 397,315 378,556 371,657 353,565 341,556 319,315 TOTAL LIABILITIES 21,317 38,467 563,335 571,746 641,281 663,154 831,989 916,235 Equity                 Preferred Stock 1,500,000 1,500,000 9,200,000 9,200,000 9,200,000 9,200,000 9,200,000 9,200,000 Retained Earnings (587,084) (806,870) (1,159,242) (1,636,504) (2,742,199) (3,830,517) (4,310,427) (5,779,362) Total Equity 912,916 693,130 8,040,758 7,563,496 6,457,801 5,369,483 4,889,573 3,420,638 LIABILITIES & EQUITY 934,233 731,597 8,604,094 8,135,242 7,099,081 6,032,638 5,721,562 4,336,873

	FY 6/30/02				FYE 6/30/03	FYE 6/30/04	FYE 6/30/05
	1Q	2Q	3Q	4Q
ASSETS
Current Assets
Cash	8,010,124	6,555,802	5,731,019	4,179,287	2,377,470	6,036,252	14,348,660
Net A/R	348,728	479,358	636,727	793,691	1,928,850	4,195,950	7,895,250
Inventory	27,323	36,681	74,159	106,600	225,500	218,777	408,975
Total Current Assets	8,386,174	7,071,841	6,441,905	5,079,579	4,531,820	10,450,980	22,652,885
Gross Fixed Assets	2,940,000	2,940,000	3,035,000	3,342,000	3,478,000	3,552,000	3,552,000
Less Ace. Depr.	353,506	488,064	629,078	771,064	1,076,097	1,186,564	1,297,031
Net Fixed Assets	2,586,494	2,451,936	2,405,922	2,570,936	2,401,903	2,365,436	2,254,969
Other Assets	470,000	470,000	470,000	470,000	470,000	470,000	470,000
TOTAL ASSETS	11,442,669	9,993,778	9,317,827	8,120,515	7,403,722	13,286,416	25,377,854
LIABILITIES
Short Term Liabilities
A/P	234,425	236,117	258,867	259,717	523,308	833,706	1,549,515
Salaries Payable	142,412	142,412	153,437	154,815	169,791	185,877	195,171
Taxes Payable	0	0	0	0	0	0	658,748
Line of Credit	226,673	311,583	413,872	515,899	1,253,753	2,000,000	2,000,000
CP- LT Debt	179,630	165,935	156,681	143,699	120,588	90,088	58,421
Total Short Term Liabilities	53,139	856,046	982,856	1,074,130	2,067,439	3,109,671	4,461,855
Long Term Debt	685,926	638,537	600,028	554,065	467,843	366,843	263,509
TOTAL LIABILITIES	1,469,065	1,494,583	1,582,884	1,628,195	2,535,282	3,476,514	4,725,364
Equity
Preferred Stock	16,700,000	16,700,000	16,700,000	16,700,000	16,700,000	16,700,000	16,700,000
Retained Earnings	(6,726,397)	(8,200,806)	(8,965,057)	(10,207,680)	(11,831,560)	(6,890,098)	3,952,490
Total Equity	9,973,603	8,499,194	7,734,943	6,492,320	4,868,440	9,809,902	20,652,490
LIABILITIES & EQUITY	11,442,669	9,993,778	9,317,827	8,120,515	7,403,722	13,286,416	25,377,854