Solitron Devices, Inc. (SODI) Balance Sheet

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Cash and cash equivalents
Treasury bills
Accounts receivable, less allowance for doubtful accounts of $2	851K
Inventories, net (Note 5)	3.78M
Prepaid expenses
TOTAL CURRENT ASSETS	8.44M
PROPERTY, PLANT AND EQUIPMENT, net	510K
OTHER ASSETS	8K
TOTAL ASSETS	8.96M
Accounts payable	751K
Pre petition liabilities
Customer deposits	43K
Accrued expenses (Note 8)	443K
TOTAL CURRENT LIABILITIES	1.24M
LONG-TERM LIABILITIES, net of current portion
TOTAL LIABILITIES	1.24M
COMMITMENTS AND CONTINGENCIES	0
Preferred stock, $.01 par value, authorized 500,000 shares, none issued	0
Common stock, $.01 par value, authorized 10,000,000 shares, 2,267,775 shares issued and outstanding, net of 173,287 shares of treasury stock as of May 31, 2011 2,266,775 shares issued and outstanding, net of 173,287 shares of treasury stock as of Feb 28, 2011	24K
Additional paid-in capital
Retained earnings	7.61M
TOTAL STOCKHOLDERS' EQUITY	7.72M
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	8.96M

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