The Balance Sheets as of November 30, 2012 and our fiscal year end May 31, 2012 are presented below.

Balance Sheets
(in thousands)
				As of
				November 30,				May 31,
				2012				2012
Cash				$	109			$	595
Accounts receivable					1,060				757
Other current assets					256				308
Total current assets					1,425				1,660
Property and equipment, net					89				42
Goodwill					4,249				4,246
Other non-current assets					683				600
Total assets				$	6,446			$	6,548
Accounts payable				$	315			$	266
Accrued expenses					314				333
Deferred maintenance revenue					1,567				2,194
Current portion of long term debt					720				720
Other current liabilities					102				75
Total current liabilities					3,018				3,588
Other non-current liabilities					65				51
Long term debt					1,420				1,480
Total liabilities					4,503				5,119
Redeemable common stock					110				-
Stockholders' equity					1,833				1,429
Total liabilities, redeemable common stock
and stockholders' equity				$	6,446			$	6,548

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