-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CZQoVuLlUF+9SVriVu4dVKnZ0JNv9lKR1wCJ6Bsy8ihqanifgcQHEkEKD03+QPOb
 6pFAQngtROJyeJt3G2DnTA==

<SEC-DOCUMENT>0001171843-04-000334.txt : 20041115
<SEC-HEADER>0001171843-04-000334.hdr.sgml : 20041115
<ACCEPTANCE-DATETIME>20041115160036
ACCESSION NUMBER:		0001171843-04-000334
CONFORMED SUBMISSION TYPE:	10QSB
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20040930
FILED AS OF DATE:		20041115
DATE AS OF CHANGE:		20041115

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAITRON COMPONENTS INC
		CENTRAL INDEX KEY:			0000942126
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				954249240
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10QSB
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25844
		FILM NUMBER:		041145186

	BUSINESS ADDRESS:	
		STREET 1:		25202 ANZA DR
		CITY:			SANTA CLARITA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		8052576060

	MAIL ADDRESS:	
		STREET 1:		25202 ANZA DR
		CITY:			SANTA CLARITA
		STATE:			CA
		ZIP:			91355
</SEC-HEADER>
<DOCUMENT>
<TYPE>10QSB
<SEQUENCE>1
<FILENAME>f10q_11152004.htm
<DESCRIPTION>FORM 10-QSB
<TEXT>
<html>

	<head>
		<meta content="text/html;charset=iso-8859-1">
		<title></title>
	</head>

	<body bgcolor="#ffffff">
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2"><b><font size="3">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font><br>
					Washington, D.C. 20549 </b></font></p>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="3"><b><font size="4">FORM 10-QSB </font></b></font></p>
		<table width="100%" cellpadding="0" cellspacing="0">
			<tr valign="TOP">
				<td width="5%"><font face="Times New Roman, Times, Serif" size="2">|X| </font></td>
				<td><font face="Times New Roman, Times, Serif" size="2">&nbsp; </font></td>
				<td width="95%"><font face="Times New Roman, Times, Serif" size="2"><b>QUARTERLY REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </b></font></td>
			</tr>
		</table>
		<br>
		<table width="100%" cellpadding="0" cellspacing="0">
			<tr valign="TOP">
				<td width="5%"><font face="Times New Roman, Times, Serif" size="2">&nbsp; </font></td>
				<td width="95%"><font face="Times New Roman, Times, Serif" size="2"><b>For the quarterly period ended September 30, 2004</b></font></td>
			</tr>
		</table>
		<br>
		<table width="100%" cellpadding="0" cellspacing="0">
			<tr valign="TOP">
				<td width="5%"><font face="Times New Roman, Times, Serif" size="2">|&nbsp;&nbsp;&nbsp;| </td>
				<td><font face="Times New Roman, Times, Serif" size="2">&nbsp; </font></td>
				<td width="95%"><font face="Times New Roman, Times, Serif" size="2"><b>TRANSITION REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </b></font></td>
			</tr>
		</table>
		<br>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2"><b>Commission File Number 0-25844 </b></font></p>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2"><b><font size="4">TAITRON COMPONENTS INCORPORATED </font><br>
				</b>(Exact name of small business issuer as specified in its charter) </font></p>
		<div align="center">
			<table cellpadding="0" cellspacing="0" border="0">
				<tr align="center" valign="top">
					<td><font size="2"><b>California</b><br>
							(State or Other Jurisdiction of<br>
							Incorporation or Organization) </font></td>
					<td width="125"><font size="2">&nbsp;</font></td>
					<td><font size="2"><b>95-4249240</b>&nbsp;<br>
							(I.R.S. Employer<br>
							Identification No.) </font></td>
				</tr>
			</table>
		</div>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2"><b>28040 West Harrison Parkway<br>
					Valencia, California 91355-4162<br>
				</b>(Address Of Principal Executive Offices) </font></p>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2"><b>(661) 257-6060<br>
				</b>(Issuer&#146;s Telephone Number) </font></p>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2"><b>NONE<br>
				</b>(Former Name, Address and Fiscal Year, if Changed Since Last Report) </font></p>
		<p><font face="Times New Roman, Times, Serif" size="2">Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. </font></p>
		<p align="CENTER"><font face="Times New Roman, Times, Serif" size="2">Yes |X|&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No |&nbsp;&nbsp;| </font></p>
		<p><font face="Times New Roman, Times, Serif" size="2">State the number of shares outstanding of each of the issuer&#146;s classes of common stock, as of the latest practicable date: </font></p>
		<table cellpadding="0" cellspacing="0" border="0">
			<tr valign="Bottom">
				<td width="300"><font size="2"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Class&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></td>
				<td align="center"><font size="2"><u>Outstanding on October 31, 2004</u></font></td>
			</tr>
			<tr valign="Bottom">
				<td align="LEFT" width="300"><font size="2">Class A Common Stock, $.001 par value</font></td>
				<td align="center"><font size="2">4,697,646&nbsp;</font></td>
			</tr>
			<tr valign="Bottom">
				<td align="LEFT" width="300"><font size="2">Class B Common Stock, $.001 par value</font></td>
				<td align="center"><font size="2">&nbsp;&nbsp;762,612&nbsp;</font></td>
			</tr>
		</table>
		<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Transitional Small Business Disclosure Format (check one): &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes |&nbsp;&nbsp;|&nbsp;&nbsp;&nbsp;&nbsp;No |X| </FONT></P>
		<hr noshade>
		<p><font size="2">PART I. FINANCIAL INFORMATION</font><font size="2">&nbsp;</font>
		<p class=NoteText style="MARGIN: 0in 0in 0pt 27pt"><font size="2">Item 1. Financial Statements</font></p>
		<p class=NoteText style="MARGIN: 0in 0in 0pt 27pt"><font size="2">&nbsp;</font></p>
		<div align="center">
			<table style="BORDER-COLLAPSE: collapse; mso-table-layout-alt: fixed; mso-padding-alt: 0in 4.0pt 0in 4.0pt" cellspacing=0 cellpadding=0 border=0>
				<tr>
					<td valign=top colspan="3">
						<div align="center">
							<font size="2"><b>TAITRON COMPONENTS INCORPORATED</b><br>

						Condensed Consolidated Balance Sheets<br>

						(Dollars in Thousands)</font></div>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top colspan="3"><br>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top colspan="3"><br>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=ColumnHeading style="MARGIN: 0in 0in 0pt"><font size=2><strong>&nbsp;</strong></font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=ColumnHeading style="MARGIN: 0in 0in 0pt"><font size=2><strong>&nbsp;</strong></font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" valign=top width=95>
						<div align="center">
							<p class=ColumnHeading style="MARGIN: 0in 0in 0pt"><strong><font size=2>September 30,<br>

							2004</font></strong></p>
						</div>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt; TEXT-ALIGN: center" align=center><strong><font size=2>Assets</font></strong></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-border-top-alt: solid windowtext .75pt" valign=top width=95>
						<div align="center">
							<p class=ColumnHeading style="MARGIN: 0in 0in 0pt"><font size=2>(Unaudited)</font></p>
						</div>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Current assets:</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95>
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Cash and cash equivalents (Note 4)</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1,408</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Trade accounts receivable, net</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1,328</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Inventory, net</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>18,329</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Prepaid expenses and other current assets</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>330</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>Total current assets</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: windowtext 0.75pt solid; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>21,395</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Property and equipment, net</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>4,699</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Other assets</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>169</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>Total assets</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>26,263</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><br>
						</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=ColumnHeading style="MARGIN: 0in 0in 0pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><font size=2>Liabilities and Shareholders' Equity</font></strong></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Current liabilities:</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Current portion of long term debt</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>155</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Trade accounts payable</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>886</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Accrued liabilities and other</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>252</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>Total current liabilities</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: windowtext 0.75pt solid; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1,293</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><br>
						</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Long-term debt, less current portion</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1,209</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>Total liabilities </font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>2,502</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size="2">&nbsp;</font></p>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size="2">Commitments and contingencies (Notes 3 and 4)</font></p>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size="2">&nbsp;</font></p>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size="2">Shareholders' equity:</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<div align="left">
							<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size="2">Preferred stock, $.001 par value.&nbsp; Authorized 5,000,000 shares.<br>
								</font></p>
							<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt; TEXT-INDENT: 1pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;None issued or outstanding.</font></p>
						</div>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>-</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt; TEXT-INDENT: 1pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;Class A common stock, $.001 par value.&nbsp; Authorized 20,000,000 shares<br>
							</font></p>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt; TEXT-INDENT: 1pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;issued and outstanding 4,697,646 shares.</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>5</font></p>
					</td>
				</tr>
				<tr style="HEIGHT: 22.95pt">
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 22.95pt; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt; TEXT-INDENT: 1pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;Class B common stock, $.001 par value.&nbsp; Authorized, issued and<br>
							</font></p>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt; TEXT-INDENT: 1pt"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;outstanding 762,612 shares.</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 22.95pt; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 22.95pt; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Additional paid-in capital</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>10,414</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Accumulated other comprehensive loss, net of tax</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>(17)</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><font size=2>Retained earnings</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>13,358</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: windowtext 0.75pt solid; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>Total shareholders' equity</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>23,761</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt">&nbsp;</p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 337.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=450>
						<p class=EntryL2Total style="MARGIN: 0in 0in 0pt 0.75in"><font size=2>Total liabilities and shareholders' equity</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=19>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 1in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; BACKGROUND-COLOR: transparent" valign=top width=95 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>26,263</font></p>
					</td>
				</tr>
			</table>
		</div>
		<p class=TitleLevel11 style="MARGIN: 0in 0in 6pt"><font size="2">&nbsp;</font></p>
		<div align="center">
			<font size="2">See accompanying notes to condensed consolidated financial statements.</font>
			<p><font size="2">2</font></p>
		</div>
		<hr noshade>
		<div align="center">
			<p>
<div align="center">
	<P class=TitleLevel11 style="MARGIN: 0in 0in 6pt"><font size="2"><b>TAITRON COMPONENTS INCORPORATED</b></font><STRONG><br>
					</STRONG><FONT size=2>Condensed Consolidated Statements of Operations<BR>

			(Dollars in thousands, except per share amounts)</FONT></P>
				<p class=TitleLevel11 style="MARGIN: 0in 0in 6pt"></p>
				<table style="WIDTH: 456pt; BORDER-COLLAPSE: collapse" cellspacing=0 cellpadding=0 width=607 border=0 x:str>
					<tr style="HEIGHT: 25.5pt; mso-height-source: userset" height=34>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 25.5pt; BACKGROUND-COLOR: transparent" width=215 height=34></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28></td>
						<td class=xl30 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 127pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=169 colspan=3 align="center"><font size=2><strong>Three months ended<br>
									September 30,</strong></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28><font size=2><strong></strong></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=0><font size=2><strong></strong></font></td>
						<td class=xl30 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 126pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=167 colspan=3 align="center"><font size=2><strong>Nine months ended<br>
									September 30,</strong></font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2><strong></strong></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28><font size=2><strong></strong></font></td>
						<td class=xl26 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num align="center"><strong><font size=2>2004</font></strong></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><strong><font size=2></font></strong></td>
						<td class=xl26 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=71 x:num align="center"><strong><font size=2>2003</font></strong></td>
						<td class=xl30 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2><strong><font size=2></font></strong></td>
						<td class=xl26 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num align="center"><strong><font size=2>2004</font></strong></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><strong><font size=2></font></strong></td>
						<td class=xl26 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" width=69 x:num align="center"><strong><font size=2>2003</font></strong></td>
					</tr>
					<tr style="HEIGHT: 18pt; mso-height-source: userset" height=24>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 18pt; BACKGROUND-COLOR: transparent" width=215 height=24><strong><font size=2></font></strong></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28><strong><font size=2></font></strong></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="center"><font size=2>(Unaudited)</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="center"><font size=2>(Unaudited)</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="center"><font size=2>(Unaudited)</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="center"><font size=2>(Unaudited)</font></td>
					</tr>
					<tr style="HEIGHT: 15.75pt; mso-height-source: userset" height=21>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 15.75pt; BACKGROUND-COLOR: transparent" width=215 height=21><font size=2>Net sales</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2>$</font></td>
						<td class=xl31 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num="2371" align="right"><font size=2>2,371&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2>$</font></td>
						<td class=xl31 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num="2069" align="right"><font size=2>2,069&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2>$</font></td>
						<td class=xl31 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num="7509" align="right"><font size=2>7,509&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2>$</font></td>
						<td class=xl31 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num="7548" align="right"><font size=2>7,548&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: 0pt; BACKGROUND-COLOR: transparent" width=70 x:num="1665" align="right"></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: 0pt; BACKGROUND-COLOR: transparent" width=71 x:num="1451" align="right"></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: 0pt; BACKGROUND-COLOR: transparent" width=70 x:num="5395" align="right"></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: 0pt; BACKGROUND-COLOR: transparent" width=69 x:num="5233" align="right"></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size=2>Cost of goods sold</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num="1665" align="right"><font size=2>1,665&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=71 x:num="1451" align="right"><font size=2>1,451&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num="5395" align="right"><font size=2>5,395&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=69 x:num="5233" align="right"><font size=2>5,233&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gross profit</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>706&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>618&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl31 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num="2114" align="right"><font size=2>2,114&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl31 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num="2315" align="right"><font size=2>2,315&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17 x:str="Selling, general and administrative "><font size=2>Selling, general and administrative </font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=0><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2>&nbsp;&nbsp;&nbsp;&nbsp; expenses</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>636&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>739&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num="1907" align="right"><font size=2>1,907&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl33 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=69 x:num="2356" align="right"><font size=2>2,356&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt; mso-height-source: userset" height=17>
						<td class=xl28 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income (loss)</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>70&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>(121)</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>207&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>(41)</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size=2>Gain on sale of assets</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2>-&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>663&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2>-</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>663&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size=2>Interest expense, net</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>(44)</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>(89)</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>(160)</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>(288)</font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size=2>Other income (expense), net</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>3&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>(11)</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>16&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>22&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 12pt; mso-height-source: userset" height=16>
						<td class=xl29 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12pt; BACKGROUND-COLOR: transparent" width=215 height=16><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income before income taxes</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>29&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>442&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>63&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>356&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 15pt; mso-height-source: userset; mso-height-rule: exactly" height=20>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 15pt; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=215 height=20><font size=2>Income tax provision</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2>-&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>(220)</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2>-&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl34 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: black 0.5pt solid; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>(220)&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 12.75pt; mso-height-rule: exactly" height=17>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=215 height=17><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset; mso-height-rule: exactly" height=18>
						<td class=xl29 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=215 height=18><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>29&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=71 x:num align="right"><font size=2>222&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 colspan=2 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num align="right"><font size=2>63&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=69 x:num align="right"><font size=2>136&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 13.5pt; mso-height-rule: exactly" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 13.5pt; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=215 height=18><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 16.5pt; mso-height-source: userset; mso-height-rule: exactly" height=22>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 16.5pt; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=215 height=22><font size=2>Net income per share</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=70 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset; mso-height-rule: exactly" height=18>
						<td class=xl28 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=215 height=18><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num="00.01" align="right"><font size=2>.01&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=71 x:num="00.04" align="right"><font size=2>.04&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 colspan=2 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num="00.01" align="right"><font size=2>.01&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent; mso-height-rule: exactly" width=28 align="center"><font size=2>$</font></td>
						<td class=xl35 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=69 x:num="00.02" align="right"><font size=2>.02&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl28 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2>$</font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num="00.01" align="right"><font size=2>.01&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2>$</font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 x:num="00.04" align="right"><font size=2>.04&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2>$</font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 x:num="00.01" align="right"><font size=2>.01&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2>$</font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 x:num="00.02" align="right"><font size=2>.02&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 13.5pt" height=18>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 13.5pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl36 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: windowtext 2pt double; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2>&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl36 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: windowtext 2pt double; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2>&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl36 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: windowtext 2pt double; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2>&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl36 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: windowtext 2pt double; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2>&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 31.5pt; mso-height-source: userset" height=42>
						<td class=xl24 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 31.5pt; BACKGROUND-COLOR: transparent" width=215 height=42><font size=2>Weighted average common shares<br>
								&nbsp;&nbsp;&nbsp;&nbsp;outstanding</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=71 align="right"><font size=2></font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=70 align="right"><font size=2></font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl32 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=69 align="right"><font size=2></font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl28 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num="5460258" align="right"><font size=2>5,460,258&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=71 x:num="5649183" align="right"><font size=2>5,649,183&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num="5466463" align="right"><font size=2>5,466,463&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=69 x:num="5660839" align="right"><font size=2>5,660,839&nbsp;</font></td>
					</tr>
					<tr style="HEIGHT: 14.1pt; mso-height-source: userset" height=18>
						<td class=xl28 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 161pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; HEIGHT: 14.1pt; BACKGROUND-COLOR: transparent" width=215 height=18><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num="6044258" align="right"><font size=2>6,044,258&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=71 x:num="6070183" align="right"><font size=2>6,070,183&nbsp;</font></td>
						<td class=xl27 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 colspan=2 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 53pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=70 x:num="6037463" align="right"><font size=2>6,037,463&nbsp;</font></td>
						<td class=xl25 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 21pt; PADDING-TOP: 0pt; BORDER-BOTTOM: #e0dfe3; BACKGROUND-COLOR: transparent" width=28 align="center"><font size=2></font></td>
						<td class=xl37 style="BORDER-RIGHT: #e0dfe3; BORDER-TOP: #e0dfe3; PADDING-BOTTOM: 0pt; BORDER-LEFT: #e0dfe3; WIDTH: 52pt; PADDING-TOP: 0pt; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent" width=69 x:num="6075839" align="right"><font size=2>6,075,839&nbsp;</font></td>
					</tr>

				</table>
				<p><font size="2">See accompanying notes to condensed consolidated financial statements.</font></p>
			</div>
			<div align="center">

</div>
			<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
			<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><font size=2></font></P>
<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
			<P class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><FONT size=2></FONT></P>
		</div>
		<div align="center">
			<p><font size="2">3</font></p>
		</div>
		<hr noshade>
		<br>
		<div align="center">
			<table border="0" cellpadding="0" cellspacing="0" width="623">
	<tr>
		<td>
			<div align="center">
				<p class=TitleLevel11 style="MARGIN: 0in 0in 0pt"><font size="2"><b>TAITRON COMPONENTS INCORPORATED</b></font></p>
				<p class=TitleLevel3 style="MARGIN: 0in 0in 12pt"><font size=2>Condensed Consolidated Statements of Cash Flows<br>
						(Dollars in thousands)</font></p>
			</div>
		</td>
	</tr>
	<tr>
		<td><br>
		</td>
	</tr>
</table>
			<TABLE style="BORDER-COLLAPSE: collapse; mso-table-layout-alt: fixed; mso-padding-alt: 0in 4.0pt 0in 4.0pt" cellSpacing=0 cellPadding=0 border=0>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19>
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 157pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=209 colSpan=3 align="center">
<P class=ColumnHeading style="MARGIN: 0in 0in 0pt"><STRONG><FONT size=2>Nine months ended September 30,</FONT></STRONG></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19>
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="center">
<P class=ColumnHeading style="MARGIN: 0in 0in 0pt"><STRONG><FONT size=2>2004</FONT></STRONG></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="center">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="center">
<P class=ColumnHeading style="MARGIN: 0in 0in 0pt"><STRONG><FONT size=2>2003</FONT></STRONG></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19>
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="center">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(Unaudited)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="center">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="center">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(Unaudited)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Cash flows from operating activities:</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19>
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95>
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19>
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95>
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Net income</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>63</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>136</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Adjustments to reconcile net income to net cash provided</FONT></P>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; by operating activities:</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Depreciation and amortization</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>193</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>316</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Amortization of debt discount related to options issued </FONT></P>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; with notes payable</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P>
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>28</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P>
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>10</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Provision for sales returns and doubtful accounts</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>27</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>200</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Gain on sale of assets</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(6)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(663)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Provision for deferred income taxes</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>-</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>220</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Changes in assets and liabilities:</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Trade accounts receivable</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(139)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>638</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Income tax receivable</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>-</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>310</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Inventory</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,387</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,966</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Prepaid expenses and other current assets</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(135)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>111</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Other assets</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(1)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>3</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Trade accounts payable</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>51</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(567)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Accrued liabilities and other</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>3</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(157)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3Total style="MARGIN: 0in 0in 0pt 63pt"><FONT size=2>Total adjustments</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,408</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>2,387</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3Total style="MARGIN: 0in 0in 0pt 63pt"><FONT size=2>Net cash provided by operating activities</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,471</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>2,523</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Cash flows from investing activities:</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3 style="MARGIN: 0in 0in 0pt 31pt"><FONT size=2>Acquisitions of property and equipment</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(32)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(27)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3Total style="MARGIN: 0in 0in 0pt 22.5pt; TEXT-INDENT: 0in"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from sale of assets</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>6</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,793</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3Total style="MARGIN: 0in 0in 0pt 22.5pt; TEXT-INDENT: 31.5pt"><FONT size=2>Net cash (used in) provided by investing activities</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent; mso-border-top-alt: solid windowtext .5pt" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(26)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent; mso-border-top-alt: solid windowtext .5pt" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,766</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Cash flows from financing activities:</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Borrowings on notes payable</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>-</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>2,000</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Payments on notes payable</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(2,699)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(1,935)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Payments on revolving line of credit</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>-</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(3,935)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Repurchase of Class A Common Stock</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(322)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(74)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Proceeds from exercise of stock options and issuance of stock</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>27</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>-</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3Total style="MARGIN: 0in 0in 0pt 63pt"><FONT size=2>Net cash used in financing activities</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: windowtext 0.75pt solid; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(2,994)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: windowtext 0.5pt solid; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(3,944)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Impact of exchange rate changes on cash</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>4</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>16</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL3Total style="MARGIN: 0in 0in 0pt 63pt"><FONT size=2>Net (decrease) increase in cash and cash equivalents</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(1,545)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>361</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Cash and cash equivalents, beginning of period</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>2,953</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>326</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Cash and cash equivalents, end of period</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>1,408</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>687</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><FONT size=2>Supplemental disclosure of cash flow information:</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Cash paid for interest</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>154</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>302</FONT></P></TD></TR>
<TR style="HEIGHT: 9.9pt">
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 292pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 9.9pt; BACKGROUND-COLOR: transparent" vAlign=top width=389>
<P class=EntryL2 style="MARGIN: 0in 0in 0pt 22pt"><FONT size=2>Cash paid (refunded) for income taxes</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 9.9pt; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; HEIGHT: 9.9pt; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>30</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 14.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 9.9pt; BACKGROUND-COLOR: transparent" vAlign=top width=19 align="right">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>$</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 71pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double; HEIGHT: 9.9pt; BACKGROUND-COLOR: transparent" vAlign=top width=95 align="right">
<P class=NumbersNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>(315)</FONT></P></TD></TR></TABLE>
<P class=TitleLevel11 style="MARGIN: 0in 0in 6pt"></P>
			<table border="0" cellpadding="0" cellspacing="0" width="623">
	<tr>
		<td>
			<div align="center">
				<p class=TitleLevel11 style="MARGIN: 0in 0in 0pt"><br>
				</p>
			</div>
		</td>
	</tr>
	<tr>
		<td>
			<div align="center">
				<p class=TitleLevel2 style="MARGIN: 0in 0in 6pt"><font size=2>See accompanying notes to condensed consolidated financial statements.</font></p>
			</div>
		</td>
	</tr>
</table>
		</div>
		<div align="center">
			<p><font size="2">4</font></p>
		</div>
		<hr noshade>
		<div align="center">
			<p><font size="2"><b>TAITRON COMPONENTS INCORPORATED</b><br>

				Notes to Condensed Consolidated Financial Statements<br>

				September 30, 2004<br>

				(All amounts are unaudited)</font></p>
		</div>
		<p><b><font size="2">Note 1 - Basis of Presentation</font></b></p>
		<blockquote>
			<p><font size="2">The accompanying unaudited condensed consolidated financial statements of Taitron Components Incorporated ("the Company") were prepared in accordance with accounting principles generally accepted in the United States of America and reflect all adjustments, consisting of normal recurring accruals and adjustments, which are, in the opinion of management, necessary for a fair presentation of the consolidated financial position and results of operations at and for the periods presented. Such financial statements do not include all the information or footnotes necessary for a complete presentation and, accordingly, should be read in conjunction with the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2003, and the notes thereto, which include significant accounting policies and estimates. The results of operations for the interim periods are not necessarily indicative of results for the full year.</font></p>
		</blockquote>
		<p><b><font size="2">Note 2 - Summary of Significant Accounting Policies and Estimates</font></b></p>
		<blockquote>
			<p><font size="2"><b>Principles of Consolidation</b></font></p>
			<p><font size="2">The unaudited condensed consolidated financial statements include the accounts of the Company and its majority-owned subsidiary. All significant intercompany transactions have been eliminated in consolidation.</font></p>
			<p><font size="2"><b>Revenue Recognition</b></font></p>
			<p><font size="2">Revenue is typically recognized upon shipment of merchandise and sales are recorded net of discounts, rebates, and returns. Reserves for sales allowances and customer returns are established based upon historical experience and management's estimates as shipments are made. Sales returns for the quarters ended September 30, 2004 and 2003 aggregated $30,000 and $31,000, respectively and for the nine months ended September 30, 2004 and 2003 aggregated $83,000 and $150,000, respectively. </font></p>
			<p><font size="2"><b>Allowance for Sales Returns and Doubtful Accounts </b></font></p>
			<p><font size="2">On a case-by-case basis, the Company accepts returns of products from its customers, without restocking charges, when they can demonstrate an acceptable cause for the return. Requests by a distributor to return products purchased for its own inventory generally are not included under this policy. The Company will, on a case-by-case basis, accept returns of products upon payment of a restocking fee, which is generally 15% to 30% of the net sales price. The Company will not accept returns of any products that were special-ordered by a customer or that otherwise are not generally included in inventory. The allowance for sales returns and doubtful accounts at September 30, 2004 aggregated $105,000.</font></p>
			<p><font size="2"><b>Inventory</b></font></p>
			<p><font size="2">Inventory, consisting principally of products held for resale, is recorded at the lower of cost (determined using the first in-first out method) or estimated market value. Inventory is presented net of valuation allowances of $1,045,000 at September 30, 2004.</font></p>
			<p><font size="2"><b>Income Taxes</b></font></p>
			<p><font size="2">The Company accounts for income taxes under the asset and liability method. Deferred tax assets and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are recorded, when necessary, to reduce deferred tax assets to the amount expected to be realized. The Company has fully reserved against its deferred income tax assets, as management could not determine that it was more likely than not such assets would be realized.</font></p>
		</blockquote>
		<div align="center">
			<p><font size="2">5</font></p>
			<hr noshade>
		</div>
		<p><b><font size="2">Net Income Per Share </font></b></p>
		<p><font size="2">Basic income per share is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company.</font></p>
		<p><b><font size="2">Stock Option Plan</font></b></p>
		<p><font size="2">The Company has adopted the disclosure requirements of SFAS No. 148, "Accounting for Stock-Based Compensation&#151;Transition and Disclosure". SFAS No. 123 allows companies to choose whether to account for employee stock-based compensation on a fair value method, or to continue to account for stock-based compensation under the current intrinsic value method as prescribed by APB Opinion No. 25, "Accounting for Stock Issued to Employees." The Company has elected to continue to follow the provisions of APB Opinion No. 25. SFAS No. 148 requires interim disclosures regarding the pro forma effects of compensation expense had the Company's 1995 Stock Incentive Plan been determined based on the fair value consistent with SFAS No. 123.</font></p>
		<p><font size="2">Accordingly, under SFAS No. 123, the Company's net earnings and diluted earnings per share for the quarter and nine months ended September 30, 2004 and September 30, 2003, would have been changed to the pro forma amounts indicated below:</font></p>
		<TABLE style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; MARGIN-LEFT: 0.45in; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none; BORDER-COLLAPSE: collapse; mso-table-layout-alt: fixed; mso-border-top-alt: solid green 1.5pt; mso-border-bottom-alt: solid green 1.5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt" cellSpacing=0 cellPadding=1 border=0>
	<tr>
		<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 153pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=204></td>
		<td valign=top align="center" width="18">
			<p class=Dollar style="MARGIN: 0in 0in 0pt"></p>
		</td>
		<td colspan="3">
			<div align="center">
				<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>Three Month</font></p>
				<p class=Dollar style="MARGIN: 0in 0in 0pt"><u><font size=2>Period&nbsp; Ended&nbsp; September 30,</font></u></p>
			</div>
		</td>
		<td valign=top align="center" width="18">
			<p class=Dollar style="MARGIN: 0in 0in 0pt"></p>
		</td>
		<td colspan="3">
			<div align="center">
				<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>Nine Month </font></p>
				<p class=Dollar style="MARGIN: 0in 0in 0pt"><u><font size=2>Period Ended September 30,</font></u></p>
			</div>
		</td>
	</tr>
	<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 153pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=204>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=72 align="center">
<P class=Dollar style="MARGIN: 0in 0in 0pt"><FONT size=2>2004</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=66 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2>2003</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=66 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2>2004</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=72 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align=center><FONT size=2>2003</FONT></P></TD></TR>
	<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 153pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=204>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 153pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=204>
<P class=Pleading style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-hyphenate: auto; tab-stops: 1.0in"><FONT size=2>Net earnings &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As reported</FONT></P>
<P class=Pleading style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal; mso-hyphenate: auto; tab-stops: 1.0in"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;Pro Forma</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>29,000</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>36,000</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>222,000</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>235,000</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>63,000</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>84,000</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>136,000</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>174,000</FONT></P></TD></TR>
<TR style="HEIGHT: 10.35pt">
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 153pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=204>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 10.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD></TR>
<TR style="HEIGHT: 19.35pt">
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 153pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=204>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>Diluted earnings &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As reported</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; per share&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Pro Forma</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.01</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.01</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.04</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.04</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 49.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=66>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.01</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.01</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>$<br>
						</FONT></P>
			<p class=MsoNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
		</TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 0.75in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 19.35pt; BACKGROUND-COLOR: transparent" vAlign=top width=72>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.02</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right" align=right><FONT size=2>.03</FONT></P></TD></TR></TABLE>
		<br>
		<p><font size="2">The total weighted average fair value of options granted for both the quarter and nine months ended September 30, 2004 was $0.53 per share using the Black-Scholes option-pricing model. At September 30, 2004, the number of options exercisable was 587,000 and the weighted average exercise price of those options was $1.82.</font></p>
		<p><font size="2"><b>Reclassification</b></font></p>
		<p><font size="2">Certain amounts in the 2003 condensed consolidated financial statements have been reclassified to conform with the 2004 presentation.</font></p>
		<p><font size="2"><b>Use of Estimates</b></font></p>
		<p><font size="2">Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States. These estimates have a significant impact on the Company's valuation and reserve accounts relating to the allowance for sales returns, doubtful accounts, inventory reserves and deferred income taxes. Actual results could differ from these estimates.</font></p>
		<div align="center">
			<p><font size="2">6</font></p>
			<hr noshade>
		</div>
		<p><b><font size="2">Note 3 - Long-Term Debt</font></b></p>
		<div align="left">
			<table style="BORDER-COLLAPSE: collapse; mso-table-layout-alt: fixed; mso-padding-alt: 0in 4.0pt 0in 4.0pt" cellspacing=0 cellpadding=0 border=0>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 267.4pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=357>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Long-term debt is summarized as follows:</font></p>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 15.85pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=21>
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 73.6pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=98 align="center">
						<div style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 1pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid">
							<p class=ColumnHeading style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN: 0in 7.9pt 0pt 0in; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: medium none; mso-padding-alt: 0in 0in 1.0pt 0in; mso-border-bottom-alt: solid windowtext .75pt"><strong><font size=2>9/30/2004</font></strong></p>
						</div>
					</td>
				</tr>
				<tr style="HEIGHT: 29.25pt">
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 267.4pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 29.25pt; BACKGROUND-COLOR: transparent" valign=top width=357>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt; TEXT-ALIGN: justify"><font size=2>Note payable collateralized by real property, due </font></p>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt; TEXT-ALIGN: justify"><font size=2>&nbsp; December 31, 2009, bearing an interest rate of 6.875%</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 15.85pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; HEIGHT: 29.25pt; BACKGROUND-COLOR: transparent" valign=top width=21 align="right">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>$</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 73.6pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; HEIGHT: 29.25pt; BACKGROUND-COLOR: transparent" valign=top width=98 align="center">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1,364,000</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 267.4pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=357>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>Less current maturities</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 15.85pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=21 align="right">
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 73.6pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.75pt solid; BACKGROUND-COLOR: transparent" valign=top width=98 align="center">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;&nbsp;&nbsp;(155,000)</font></p>
					</td>
				</tr>
				<tr>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 267.4pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=357>
						<p class=EntryL1 style="MARGIN: 0in 0in 0pt 13pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 15.85pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=21 align="right">
						<p class=Dollar style="MARGIN: 0in 0in 0pt"><font size=2>&nbsp;</font></p>
					</td>
					<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 73.6pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2pt double; BACKGROUND-COLOR: transparent; mso-border-top-alt: solid windowtext .75pt" valign=top width=98 align="center">
						<p class=NumbersNormal style="MARGIN: 0in 0in 0pt"><font size=2>1,209,000</font></p>
					</td>
				</tr>
			</table>
			<br>
		</div>
		<p><b><font size="2">Note 4 - Commitments</font></b></p>
		<blockquote>
			<p><font size="2">On July 8, 2004, the Company entered into a revolving line of credit facility providing up to $3 million for operating purposes. As of the date of this Report, the Company has not yet used this credit facility. The agreement governing this credit facility contains security agreements covering essentially all assets of the Company and financial covenants that require the Company to retain a $1,000,000 certificate of deposit and maintain compliance with certain financial ratios. The $1,000,000 certificate of deposit is restricted until maturity on July 9, 2005.</font></p>
		</blockquote>
		<p><font size="2">Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</font></p>
		<p><i><font size="2">The following discussion should be read in conjunction with the condensed consolidated financial statements, including the related notes, appearing in Item 1 of this report as well as our most recent annual report on Form 10-KSB. Also, several of the matters discussed in this document contain forward-looking statements that involve risks and uncertainties. Forward-looking statements usually are denoted by words or phrases such as "believes," "expects," "projects," "estimates," "anticipates," "will likely result" or similar expressions. We wish to caution readers that all forward-looking statements are necessarily speculative and not to place undue reliance on forward-looking statements, which speak only as of the date made, and to advise readers that actual results could vary due to a variety of risks and uncertainties. Factors associated with the forward looking statements that could cause the forward looking statements to be inaccurate and could otherwise impact our future results ar
e set forth in detail in our most recent annual report on Form 10-KSB. In addition to the other information contained in this document, readers should carefully consider the information contained in our Form 10-KSB for the year ended December 31, 2003 under the heading "Cautionary Statements and Risk Factors."</font></i></p>
		<p><font size="2">References to "Taitron," "the Company," "we," "our" and "us" refer to Taitron Components Incorporated and its majority-owned subsidiary, unless the context otherwise requires.</font></p>
		<p><b><font size="2">Overview</font></b></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are a national distributor of electronic components, primarily focused on transistors, diodes and other discrete semiconductors, optoelectronic devices and passive components with a reputation of in-depth inventories and knowledge of the products we sell. Our customers consist of other electronic distributors, contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs).</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We believe the domestic demand for our electronic components began a recovery during the third quarter of 2003 and continued throughout the second quarter of 2004 with some recent weakness being experienced this quarter. While demand was slower than anticipated this quarter, caused by recent weakness in all of our end markets, we continued our efforts on reducing our inventory levels and repayment of outstanding debt. Because of recent weakness experienced, our earnings may decrease near the break-even level for the year 2004.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In response to changing conditions, we have refocused our business strategy beyond the traditional role of electronic components fulfillment to the additional role of engineering and turn-key services for the existing OEM and CEM customers. We intend to form strategic business partnerships with a few selected existing customers and</font></p>
		<div align="center">
			<p><font size="2">7</font></p>
			<hr noshade>
		</div>
		<p><font size="2">provide them with original design and manufacturing (ODM) services for their multi-year turn-key projects. We expect to see more opportunities and results from these additional services during 2005.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our core strategy consists of carrying a substantial quantity and variety of products in inventory to meet the rapid delivery requirements of our customers. This strategy allows us to fill customer orders immediately from stock on hand. However, while we believe higher market demand may return, we are focused on lowering our inventory balances and increasing our cash holdings. Our long-term growth strategy is to rely not only on the existing component fulfillment service, but also the value-added engineering service to support our existing small and medium size OEM customers in outsourcing their product design and manufacturing work offshore. In accordance with Generally Accepted Accounting Principles, we classify inventory as a current asset. However, if all or a substantial portion of the inventory was required to be immediately liquidated, the inventory would not be as readily marketable or liquid as other items included or classified as 
a current asset, such as cash. We cannot assure you that demand in the discrete semiconductor market will increase and that market conditions will improve. Therefore, it is possible that further declines in our carrying values of inventory may result.</font></p>
		<p><b><font size="2">Critical Accounting Policies and Estimates</font></b></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Use Of Estimates - Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare its condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States. These estimates have a significant impact on the Company's valuation and reserve accounts relating to the allowance for sales returns, doubtful accounts, inventory reserves and deferred income taxes. Actual results could differ from these estimates.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revenue Recognition - Revenue is recognized upon shipment of the merchandise. Reserves for sales allowances and customer returns are established based upon historical experience and management's estimates of future returns. Sales returns for the quarters ended September 30, 2004 and 2003 were $30,000 and $31,000, respectively and for the nine months ended September 30, 2004 and 2003 aggregated $83,000 and $150,000 respectively. The allowance for sales returns and doubtful accounts at September 30, 2004 aggregated $105,000.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventory - Inventory, consisting principally of products held for resale, is recorded at the lower of cost (determined using the first in-first out method) or estimated market value. We had inventory balances in the amount of $18,329,000 at September 30, 2004, which is presented net of valuation allowances of $1,045,000. We evaluate inventories to identify excess, high-cost, slow-moving or other factors rendering inventories as unmarketable at normal profit margins. For inventories supplied under franchise agreements, we rely upon our contractual rights to receive compensation for price differences caused by market fluctuations. Due to the large number of transactions and the complexity of managing and maintaining a large inventory of product offerings, estimates are made regarding adjustments to the cost of inventories. Based on our assumptions about future demand and market conditions, inventories are carried at the lower of cost or estim
ated market value. If our assumptions about future demand change, or market conditions are less favorable than those projected, additional write-downs of inventories may be required. In any case, actual amounts could be different from those estimated.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred Taxes - We review the nature of each component of our deferred income taxes for reasonableness. If determined that it is more likely than not that we will not realize all or part of our net deferred tax assets in the future, we record a valuation allowance against the deferred tax assets, which allowance will be charged to income tax expense in the period of such determination. We also consider the scheduled reversal of deferred tax liabilities, tax planning strategies and future taxable income in assessing the realizability of deferred tax assets. We also consider the weight of both positive and negative evidence in determining whether a valuation allowance is needed. Based upon recent operating results and the difficulty of estimating future market conditions, we have fully reserved a $652,000 allowance against our net deferred tax assets.</font></p>
		<p><i><font size="2">Results of Operations</font></i></p>
		<p><i><font size="2">Three month Period Ended September 30, 2004 Compared To The Three month Period Ended September 30, 2003.</font></i></p>
		<div align="center">
			<p><font size="2">8</font></p>
			<hr noshade>
		</div>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net sales for the three months ended September 30, 2004 were $2,371,000, compared with $2,069,000 for the same period last year, an increase of $302,000 or 15%. The increase is primarily due to an industry-wide increase in demand for discrete and passive and semiconductor components.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost of goods sold for the quarter ended September 30, 2004 increased to $1,665,000 from $1,451,000 for the same period last year, an increase of $214,000 or 15%. Consistent with the increase in net sales, cost of goods sold increased, however at a slightly faster rate, resulting in gross profit decreasing as a percentage of net sales to 29.8% for the quarter ended September 30, 2004 from 29.9% for the same period last year. Gross profit increased by $88,000 to $706,000 for the quarter ended September 30, 2004 from $618,000 for the same period in 2003.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling, general and administrative ("SG&amp;A") expenses decreased by $103,000 or 13.9% for the quarter ended September 30, 2004 compared to the same period of 2003. The decrease is primarily attributable to personnel-related expenses decreasing by $31,000, outside sales representative commissions decreasing by $18,000 and depreciation decreasing by $36,000, with no other individual item significantly impacting the change during the quarter ended September 30, 2004. The corresponding average employee base declined to 28 from 34 employees, which represents a 17.6% reduction in overall workforce. As a percentage of net sales, SG&amp;A decreased to 26.8% from 35.7% for the three months ended September 30, 2004 and 2003, respectively.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income was $70,000 for the quarter ended September 30, 2004 as compared to an operating loss of $121,000 for the same period last year. Operating results decreased primarily from lower gross profits and lower net sales, as discussed above.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest expense, net of interest income, for the quarter ended September 30, 2004 decreased by $45,000 compared to the same period last year. The decrease is primarily due to lower outstanding borrowing levels during the current quarter, when compared to the same period last year. </font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income tax provision was $0 during the quarter ended September 30, 2004 as compared to $220,000 for the same period last year. The prior period income tax provision is a direct result of the Company recording a $663,000 gain on sale of its former warehouse facility during the quarter ended September 30, 2003.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income was $29,000 for the quarter ended September 30, 2004 as compared with $222,000 for the same period last year. The decrease was a direct result of the Company recording a $663,000 gain on sale of its former warehouse facility during the quarter ended September 30, 2003. Without this non-operating gain on sale of building, the Company would have recorded a net loss for the prior year period.<br>
				<br>
				<br>
			</font></p>
		<p><i><font size="2">Nine month Period Ended September 30, 2004 Compared To The Nine month Period Ended September 30, 2003.</font></i></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net sales for the nine months ended September 30, 2004 were $7,509,000 compared with net sales for the nine months ended September 30, 2003 of $7,548,000, a decrease of $39,000 or .5%.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost of goods sold increased by $162,000 to $5,395,000 for the nine months ended September 30, 2004, an increase of 3.1% from the same period in 2003. Gross profit decreased as a percentage of net sales to 28.2% for the first nine months of this year from 30.7% for the same period last year. Gross profit decreased by $201,000 to $2,114,000 for the nine months ended September 30, 2004 from $2,315,000 for the same period in 2003.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SG&amp;A expenses decreased by $449,000 or 19.1% for the nine months ended September 30, 2004 compared to the same period in 2003. The decrease is primarily attributable to personnel-related expenses decreasing by $175,000 depreciation decreasing by $121,000 and bad debt expenses decreasing by $109,000, with no other individual item significantly impacting the change during the nine months ended September 30, 2004. The corresponding average employee base declined to 28 from 33 employees, which represents a 15% reduction in overall workforce. As a percentage of net sales, SG&amp;A decreased to 25.4% from 31.2% for the nine months ended September 30, 2004 and 2003, respectively.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating income was $207,000 for the nine months ended September 30, 2004 as compared to an operating loss of $41,000 for the same period ended September 30, 2003. The operating loss decreased primarily due to the cost cutting measures, as discussed above.</font></p>
		<div align="center">
			<p><font size="2">9</font></p>
			<hr noshade>
		</div>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest expense, net of interest income for the nine months ended September 30, 2004 decreased by $128,000 compared to the nine months ended September 30, 2003. The decrease is primarily due to lower outstanding borrowing levels during the current period, when compared to the same period last year.<br>
			</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income tax provision was $0 during the nine months ended September 30, 2004 as compared to $220,000 for the same period last year. The prior period income tax provision is a direct result of the Company recording a $663,000 gain on sale of its former warehouse facility during the nine months ended September 30, 2003.<br>
			</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income was $63,000 for the nine months ended September 30, 2004 compared to a net income of $136,000 for the same period in 2003, a decrease of $73,000 resulting from the same reasons discussed above.<br>
				<br>
				<br>
			</font></p>
		<p><i><font size="2">Liquidity and Capital Resources</font></i></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have satisfied our liquidity requirements principally through cash generated from operations, short-term commercial loans, subordinated promissory notes and issuance of equity securities. A summary of our cash flows resulting from our operating, investing and financing activities for the nine months ended September 30, 2004 and 2003 are as follows:</font></p>
		<TABLE style="BORDER-COLLAPSE: collapse; mso-table-layout-alt: fixed; mso-padding-alt: 0in 5.4pt 0in 5.4pt" cellSpacing=0 cellPadding=0 border=0>
	<tr>
		<td style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 3.95in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" valign=top width=379></td>
		<td style="BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" valign=top align="center" colspan="3"><b><font size="2">Nine months ended September 30,</font></b></td>
	</tr>
	<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 3.95in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=379>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10pt; TEXT-ALIGN: center; tab-stops: .5in; mso-line-height-rule: exactly" align=center><FONT size=2>&nbsp;&nbsp; (Dollars in thousands)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 85.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=114 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; tab-stops: .5in" align=center><B style="mso-bidi-font-weight: normal"><FONT size=2>2004</FONT></B></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; tab-stops: .5in" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 76.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 0.5pt solid; BACKGROUND-COLOR: transparent" vAlign=top width=102 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; tab-stops: .5in" align=center><B style="mso-bidi-font-weight: normal"><FONT size=2>2003</FONT></B></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 3.95in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=379>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10pt; TEXT-ALIGN: center; tab-stops: .5in; mso-line-height-rule: exactly" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 85.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=114 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10pt; TEXT-ALIGN: center; tab-stops: .5in; mso-line-height-rule: exactly" align=center><FONT size=2>(Unaudited)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10pt; TEXT-ALIGN: center; tab-stops: .5in; mso-line-height-rule: exactly" align=center><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 76.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=102 align="center">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: 10pt; TEXT-ALIGN: center; tab-stops: .5in; mso-line-height-rule: exactly" align=center><FONT size=2>(Unaudited)</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 3.95in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=379>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: .5in 1.0in"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating activities........................................................</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 85.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=114 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: .5in" align=right><FONT size=2>$&nbsp;&nbsp;&nbsp;&nbsp; 1,471&nbsp;</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; tab-stops: .5in"><FONT face=Courier><FONT size=2>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 76.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=102 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: .5in" align=right><FONT size=2>$&nbsp;&nbsp;&nbsp;&nbsp; 2,523&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 3.95in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=379>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: .5in"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investing activities........................................................</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 85.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=114 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: decimal 74.7pt" align=right><FONT size=2>(26)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: .5in" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 76.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=102 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: .5in" align=right><FONT size=2>1,766&nbsp;</FONT></P></TD></TR>
<TR>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 3.95in; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=379>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: .5in"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financing activities........................................................</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 85.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=114 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; tab-stops: decimal 74.7pt"><FONT size=2>(2,994)</FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 13.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=18 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: .5in" align=right><FONT size=2><FONT face=Courier>&nbsp;</FONT></FONT></P></TD>
<TD style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 5.4pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 5.4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: #ece9d8; WIDTH: 76.5pt; PADDING-TOP: 0in; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" vAlign=top width=102 align="right">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: right; tab-stops: decimal 65.7pt" align=right><FONT size=2>(3,944)</FONT></P></TD></TR></TABLE>
		<br>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash flows provided by operating activities decreased to $1,471,000 during the nine months ended September 30, 2004, as compared to $2,523,000 during the same period last year. The overall decrease was affected by a decrease in inventory of $1,387,000 during the first nine months of 2004, as compared to a decrease of $1,966,000 during the same period last year. Additionally, the change was affected by an increase in accounts receivable of $139,000 during the first nine months of 2004, as compared to a decrease of $638,000 during the same period last year. The Company's ability to continue generating cash from operations is dependent upon using its current inventory (as opposed to new purchases of inventory) for generating sales, collection of its receivables and extended payments of accounts payables.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash flows used in investing activities was $26,000 during the nine months ended September 30, 2004 compared with cash flows provided by of $1,766,000 during the same period last year. The change is due to completing the sale of the Company's former warehouse facility during the nine months ended September 30, 2003.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash flows used in financing activities decreased to $2,994,000 from $3,944,000 during the nine months ended September 30, 2004 and 2003, respectively. The decrease was primarily the result of using operating cash flow for repaying current debt obligations as opposed to the net proceeds from the sale of assets.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventory is included in current assets, however, it will take over one year for the inventory to turn. Hence, inventory would not be as readily marketable or liquid as other items included in current assets, such as cash.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We believe that funds generated from operations, in addition to existing cash balances, and the revolving line of credit facility is likely to be sufficient to finance our working capital and capital expenditure requirements for the foreseeable future or until balloon principal payments are due under our outstanding note payable. If these funds are not sufficient, we may secure new sources of asset-based lending on accounts receivables or issue debt or equity securities. Otherwise, we may need to liquidate assets to generate the necessary working capital.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of the date of this Report, we had no commitments for other equity or debt financing or other capital expenditures, except as disclosed in Note 4 - Commitments.</font></p>
		<p><font size="2">Item 3. Controls and Procedures</font></p>
		<div align="center">
			<p><font size="2">10</font></p>
			<hr noshade>
		</div>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of the last day covered by this report, the Company carried out an evaluation, under the supervision and with the participation of the Company's management, including the Company's Chief Executive Officer, of the effectiveness of the design and operation of the Company's disclosure controls and procedures pursuant to Rule 13a-14 of the Securities Exchange Act of 1934 (the "Exchange Act"). Based upon that evaluation, the Chief Executive Officer concluded that the Company's disclosure controls and procedures are effective in timely alerting them to material information relating to the Company (including its consolidated subsidiary) required to be included in the Company's Exchange Act filings.</font></p>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There have been no significant changes in the Company's internal controls or in other factors which could significantly affect internal controls subsequent to the date the Company carried out its evaluation. </font></p>
		<p><font size="2">PART II. OTHER INFORMATION</font></p>
		<table border="0" cellpadding="0" cellspacing="2">
			<tr>
				<td valign="top" width="50"><font size="2">Item 1. </font></td>
				<td valign="top" width="488"><font size="2">Legal Proceedings.<br>
						None.</font></td>
			</tr>
			<tr>
				<td valign="top" width="50"><font size="2">Item 2. </font></td>
				<td valign="top" width="488"><font size="2">Changes In Securities and Small Business Issuer Purchases of Equity Securities.<br>
						There were no issuances or sales of our securities by us during the third quarter of 2004 that were not registered under the Securities Act.</font></td>
			</tr>
			<tr>
				<td valign="top" width="50"><font size="2">Item 3. </font></td>
				<td valign="top" width="488"><font size="2">Defaults Upon Senior Securities.<br>
						None.</font></td>
			</tr>
			<tr>
				<td valign="top" width="50"><font size="2">Item 4. </font></td>
				<td valign="top" width="488"><font size="2">Submission of Matters to a Vote of Security Holders.<br>
						None.</font></td>
			</tr>
			<tr>
				<td valign="top" width="50"><font size="2">Item 5. </font></td>
				<td valign="top" width="488"><font size="2">Other Information.<br>
						None.</font></td>
			</tr>
			<tr>
				<td valign="top" width="50"><font size="2">Item 6. </font></td>
				<td valign="top" width="488"><font size="2">Exhibits and Reports on Form 8-K.<br>
						(a) Exhibits:</font>
					<blockquote>
						<p><font size="2">a. Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.<br>
								b. Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</font></p>
					</blockquote>
					<p><font size="2">(b) Reports on Form 8-K:</font></p>
					<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On August 4, 2004, the Company filed a Form 8-K reporting financial results for the second quarter ended June 30, 2004.</font></p>
					<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No other reports on Form 8-K were filed during the quarter ended September 30, 2004.</font></p>
					<p></p>
					<p></p>
				</td>
			</tr>
		</table>
		<div align="center">
			<p><font size="2">11</font></p>
			<hr noshade>
		</div>
		<div align="left">
			<p><font size="2">SIGNATURES</font></p>
		</div>
		<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In accordance with the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
		<table border="0" cellpadding="0" cellspacing="0">
			<tr>
				<td valign="top" width="300"></td>
				<td valign="top"><font size="2">TAITRON COMPONENTS INCORPORATED<br>
						<br>
						<br>
					</font></td>
			</tr>
			<tr>
				<td valign="top" width="300"><font size="2">Date: November 15, 2004</font></td>
				<td valign="top"><font size="2">By: <u>/s/ Stewart Wang</u><br>
						Stewart Wang<br>
						Chief Executive Officer, President,<br>
						Chief Financial Officer and Director<br>
						(Principal Executive, Financial and Accounting Officer)</font></td>
			</tr>
		</table>
	</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>2
<FILENAME>f10q_exh31.htm
<DESCRIPTION>EXHIBIT 31
<TEXT>
<html>

	<head>
		<meta content="text/html;charset=iso-8859-1">
		<title></title>
	</head>

	<body bgcolor="#ffffff">
		<font size="2">Exhibit 31 - Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</font>
		<div align="center">
			<p><u><font size="2">Certification</font></u></p>
		</div>
		<p><font size="2">I, Stewart Wang, certify that:</font></p>
		<table border="0" cellpadding="5" cellspacing="5">
			<tr>
				<td valign="top"><font size="2">1.</font></td>
				<td valign="top"><font size="2">I have reviewed this quarterly report on Form 10-QSB of Taitron Components Incorporated; </font></td>
			</tr>
			<tr>
				<td valign="top"><font size="2">2. </font></td>
				<td valign="top"><font size="2">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</font></td>
			</tr>
			<tr>
				<td valign="top"><font size="2">3. </font></td>
				<td valign="top"><font size="2">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the small business issuer as of, and for, the periods presented in this report; </font></td>
			</tr>
			<tr>
				<td valign="top"><font size="2">4. </font></td>
				<td valign="top"><font size="2">The small business issuer's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the small business issuer and have: </font>
					<blockquote>
						<p><font size="2">(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the small business issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </font></p>
					</blockquote>
					<blockquote>
						<p><font size="2">(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </font></p>
					</blockquote>
					<blockquote>
						<p><font size="2">(c) Evaluated the effectiveness of the small business issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and </font></p>
					</blockquote>
					<blockquote>
						<p><font size="2">(d) Disclosed in this report any change in the small business issuer's internal control over financial reporting that occurred during the small business issuer's most recent fiscal quarter (the small business issuer's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the small business issuer's internal control over financial reporting; and </font></p>
					</blockquote>
				</td>
			</tr>
			<tr>
				<td valign="top"><font size="2">5.</font></td>
				<td valign="top"><font size="2">The small business issuer's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the small business issuer's auditors and the audit committee of the small business issuer's board of directors (or persons performing the equivalent functions): </font>
					<blockquote>
						<p><font size="2">(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the small business issuer's ability to record, process, summarize and report financial information; and </font></p>
					</blockquote>
					<blockquote>
						<p><font size="2">(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the small business issuer's internal control over financial reporting. </font></p>
					</blockquote>
				</td>
			</tr>
		</table>
		<table border="0" cellpadding="5" cellspacing="5">
			<tr>
				<td valign="top" width="250"><font size="2">Dated November 15, 2004.</font></td>
				<td valign="top"><font size="2">By: </font>
					<p></p>
				</td>
				<td valign="top"><font size="2"><u>/s/ Stewart Wang</u><br>
						Stewart Wang<br>
						Principal Executive Officer and Principal Financial Officer</font></td>
			</tr>
		</table>
		<div align="center">
			<p><font size="2">13</font></p>
		</div>
		<hr noshade>
		<p></p>
	</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32
<SEQUENCE>3
<FILENAME>f10q_exh32.htm
<DESCRIPTION>EXHIBIT 32
<TEXT>
<html>

	<head>
		<meta content="text/html;charset=iso-8859-1">
		<title></title>
	</head>

	<body bgcolor="#ffffff">
		<font size="2">Exhibit 32 - Certification of Principal Executive Officer and Principal Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. </font>
		<p><font size="2">This certification is provided pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C Section 1350, and accompanies the quarterly report on Form 10-QSB for the quarter ended September 30, 2004 of Taitron Components Incorporated.</font></p>
		<p><font size="2">I, Stewart Wang, the Principal Executive Officer and Principal Financial Officer of registrant, certify that to the best of my knowledge:</font></p>
		<table border="0" cellpadding="5" cellspacing="5">
			<tr>
				<td valign="top"><font size="2">(i)</font></td>
				<td valign="top"><font size="2">the quarterly report on Form 10-QSB fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and</font></td>
			</tr>
			<tr>
				<td valign="top"><font size="2">(ii)</font></td>
				<td valign="top"><font size="2">the information contained in such report fairly presents, in all material respects, the financial condition and results of operations of the registrant.</font></td>
			</tr>
		</table>
		<table border="0" cellpadding="5" cellspacing="5">
			<tr>
				<td valign="top" width="250"><font size="2">Dated November 15, 2004.</font></td>
				<td valign="top"><font size="2">By: </font>
					<p></p>
				</td>
				<td valign="top"><font size="2"><u>/s/ Stewart Wang</u><br>
						Stewart Wang<br>
						Principal Executive Officer and Principal Financial Officer</font></td>
			</tr>
		</table>
		<div align="center">
			<p><font size="2">14</font></p>
		</div>
		<hr noshade>
	</body>

</html>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
