Nanophase Technologies Corporation (NANX) Balance Sheet

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ASSETS
Cash and cash equivalents	1.72M
Investments
Trade accounts receivable, less allowance for doubtful accounts of $6,000 on June 30, 2011 and $3,000 on December 31, 2010, respectively	1.3M
Other receivables
Inventories, net	659K
Prepaid expenses and other current assets	349K
Total current assets	4.03M
Equipment and leasehold improvements, net	1.47M
Other assets, net	21K
Total assets	5.52M
LIABILITIES AND STOCKHOLDERS' EQUITY
Current portion of capital lease obligations	98K
Accounts payable	649K
Accrued expenses	625K
Accrued discount liability
Total current liabilities	1.37M
Long-term deferred rent	482K
Asset retirement obligations	177K
Total long-term liabilities	729K
Contingent liabilities
Stockholders' equity:
Preferred stock, $.01 par value, 24,088 shares authorized and no shares issued and outstanding	0
Common stock, $.01 par value, 35,000,000 shares authorized; 21,204,162 shares issued and outstanding on June 30, 2011 and December 31, 2010	312K
Additional paid-in capital	97.28M
Accumulated deficit	-94.17M
Total stockholders' equity	3.42M
Total liabilities and stockholders' equity	5.52M

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