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Third Quarter 1999 Financial Data
ZOOM TELEPHONICS, INC.
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Consolidated Balance Sheets
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( 000's )
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SEPTEMBER 30,
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DECEMBER 31,
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1999
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1998
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(Unaudited)
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Assets
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Current assets:
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Cash
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$ 5,865
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$ 5,325
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Marketable securities
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3,970
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13,529
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Accounts receivable, net
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10,026
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7,244
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Inventories
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11,317
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8,893
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Deferred income taxes
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3,810
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3,290
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Prepaid expenses and other
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725
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230
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Total current assets
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35,713
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38,511
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Property and equipment, net
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4,072
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3,748
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Other non-current assets
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4,527
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1,301
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$ 44,312
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$ 43,560
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LIABILITIES AND STOCKHOLDERS' EQUITY
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Current liabilities:
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Accounts payable
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$ 3,895
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$ 3,326
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Accrued expenses
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2,699
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1,809
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Total current liabilities
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6,594
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5,135
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Other non-current liabilities
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682
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-
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Total liabilities
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7,276
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5,135
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Stockholders' equity:
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Common stock
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25,214
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25,191
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Retained earnings
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11,870
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13,180
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Foreign currency translation income
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(25)
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-
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Accumulated other comprehensive income
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(23)
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54
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Total stockholders' equity
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37,036
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38,425
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$ 44,312
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$ 43,560
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