The Balance Sheets as of February 28, 2013 and our fiscal year end May 31, 2012 are presented below.

Balance Sheets
(in thousands)
								As of
								Feb. 28,				May 31,
								2013				2012
Cash								$	2			$	595
Accounts receivable									1,177				757
Other current assets									531				308
Total current assets									1,710				1,660
Property and equipment, net									70				42
Goodwill									4,250				4,246
Other non-current assets									682				600
Total assets								$	6,712			$	6,548
Accounts payable								$	191			$	266
Accrued expenses									484				333
Deferred maintenance revenue									2,007				2,194
Current portion of long term debt									1,645				720
Other current liabilities									321				75
Total current liabilities									4,648				3,588
Other non-current liabilities									52				51
Long term debt									-				1,480
Total liabilities									4,700				5,119
Redeemable common stock									275				-
Stockholders' equity									1,737				1,429
Total liabilities, redeemable common stock and stockholders' equity								$	6,712			$	6,548

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