Attached files
Exhibit 10.4
BIOVEST INTERNATIONAL, INC.
September 30,
2010 (Unaudited) |
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ASSETS | ||||
Current assets: |
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Cash |
$ | 206,000 | ||
Accounts receivable, net of $8,000 allowance for doubtful accounts at June 30, 2010 and September 30, 2009 |
398,000 | |||
Costs and estimated earnings in excess of billings on uncompleted contracts |
106,000 | |||
Inventories |
417,000 | |||
Prepaid expenses and other current assets |
141,000 | |||
Total current assets |
1,268,000 | |||
Property and equipment, net |
77,000 | |||
Patents and trademarks, net |
261,000 | |||
Reorganization value in excess of amounts allocated to identifiable assets |
2,131,000 | |||
Other assets |
153,000 | |||
Total assets |
$ | 3,890,000 | ||
LIABILITIES AND STOCKHOLDERS DEFICIT | ||||
Liabilities not subject to compromise: |
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Current liabilities: |
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Accounts payable |
556,000 | |||
Customer deposits |
85,000 | |||
Accrued liabilities |
688,000 | |||
Notes payable, related party |
2,597,000 | |||
Total liabilities not subject to compromise |
3,926,000 | |||
Liabilities subject to compromise (Note 8) |
76,898,000 | |||
Total liabilities |
80,824,000 |