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EXHIBIT 99.1
Report on Schedule of Independent Registered Public Accounting Firm on Schedule II
To the Stockholders and Board of Directors of SPACEHAB, Incorporated
In connection with our audits of the consolidated financial statements of SPACEHAB, Incorporated and subsidiaries referred to in our report dated August 31, 2006, which is included in the Company’s 2006 Form 10-K, we have also audited Schedule II for each of the three years in the period ended June 30, 2006. In our opinion, this schedule, when considered in relation to the basic financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein.
/s/ Grant Thornton LLP
Houston, Texas
August 31, 2006
SPACEHAB, INCORPORATED AND SUBSIDIARIES
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(in thousands)
Balance at Period | Additions Expenses | Deductions and Write - | Balance at End of Period | ||||||||||
Allowance for Doubtful Accounts | |||||||||||||
Year Ended June 30, | |||||||||||||
2006 | $ | 659 | $ | — | $ | (296 | ) | $ | 363 | ||||
2005 | 659 | — | — | 659 | |||||||||
2004 | 276 | 383 | — | 659 |