GSE Systems Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	20.43M	23.83M	21.81M	22.98M	23.01M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	23.00M	20.36M	21.81M	19.46M	21.96M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses	3.668M	3.733M	3.282M	2.939M	2.347M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	47.09M	47.92M	46.90M	45.38M	47.32M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment	5.672M	5.206M	5.209M	5.361M	5.153M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation	4.335M	4.105M	4.119M	4.162M	4.055M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	1.337M	1.101M	1.09M	1.199M	1.098M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	7.519M	7.484M	7.749M	8.02M	8.235M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	2.78M	2.31M	2.333M	2.582M	2.376M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	11.64M	10.90M	11.17M	11.80M	11.71M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	58.73M	58.82M	58.07M	57.18M	59.03M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	3.854M	4.077M	3.412M	3.396M	5.566M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses	6.119M	6.635M	6.391M	5.742M	5.805M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities	7.31M	6.968M	7.663M	7.611M	6.618M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	17.28M	17.68M	17.47M	16.75M	17.99M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	1.789M	2.352M	2.573M	2.275M	2.443M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	1.789M	2.352M	2.573M	2.275M	2.443M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	19.07M	20.03M	20.04M	19.02M	20.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	18.40M	18.43M	18.72M	19.09M	19.22M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.194M	0.193M	0.192M	0.192M	0.192M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	70.60M	70.17M	69.99M	69.80M	69.59M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	-28.53M	-29.06M	-30.24M	-31.10M	-30.85M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock	1.952M	1.649M	1.127M	0.336M		Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	39.66M	38.78M	38.03M	38.16M	38.60M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	58.73M	58.82M	58.07M	57.18M	59.03M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro