Giga-tronics (GIGA) Balance Sheet

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Cash and cash-equivalents	2.33M
Trade accounts receivable, net of allowance of $195 and $248, respectively	1.75M
Inventories, net	5.46M
Prepaid expenses and other current assets
Deferred income taxes
Total current assets	9.88M
Property and equipment, net	685K
Deferred income taxes - long term
Other assets	8K
Total assets	11.79M
Accounts payable	1.07M
Accrued commission
Accrued payroll and benefits	580K
Accrued warranty
Income taxes payable
Deferred revenue	5.36M
Deferred rent	39K
Capital lease obligations	47K
Other current liabilities	323K
Total current liabilities	8.73M
Long term obligations - deferred rent
Long term obligations - capital leases	141K
Total liabilities	9.15M
Common stock of no par value; Authorized - 40,000,000 shares; issued and outstanding 4,997,532 shares at June 25, 2011 and 4,994,157 shares at March 26, 2011	24.26M
Retained earnings	-24.53M
Total shareholders' equity	2.63M
Total liabilities and shareholders' equity	11.79M

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