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WEIGHTED
AVERAGE COMMON AND
COMMON EQUIVALENT SHARES
OUTSTANDING
Basic 2,528,751 1,987,066 2,131,030 1,988,982
Diluted 2,528,751 1,987,066 2,131,030 1,988,982
STEN CORPORATION AND SUBSIDIARIES
CONDENSED BALANCE SHEETS
ASSETS
March 30, September 30,
2008 2007
(unaudited) (audited)
CURRENT ASSETS
Cash, cash equivalents $458,632 $366,118
Current portion of loans receivable, net 3,024,928 2,851,529
Other current assets 4,556,251 3,337,519
Total Current Assets 8,039,811 6,555,166
PROPERTY AND EQUIPMENT, NET 1,232,500 1,293,618
OTHER ASSETS
Intangible assets, net 1,605,078 1,750,042
Loan receivable, net of current portion 4,502,357 4,487,466
Other Assets 3,627,818 3,226,387
Total Other Assets 9,735,253 9,463,895
TOTAL ASSETS $19,007,564 $17,312,679
LIABILITIES AND STOCKHOLDERS' EQUITY
TOTAL CURRENT LIABILITIES
Line of credit, bank $0 680,000
Current portion of long term debt 4,544,796 2,886,265
Other current liabilities 2,669,759 2,791,762
Total Current Liabilities 7,214,555 6,358,027
LONG-TERM LIABILITIES
Dealer reserves 66,038 1,076,707
Long-term debt, net of current portion 6,446,225 4,457,458
TOTAL LIABILITIES 13,726,818 11,892,192
TOTAL STOCKHOLDERS' EQUITY 5,280,746 5,420,487
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $19,007,564 $17,312,679
NET BOOK VALUE PER SHARE $2.
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