HEALTHCENTRICS, INC.
A Development Stage Company
Unaudited Balance Sheet for the quarter ended September 30, 2002
and the audited Balance Sheet for the period from
February 22, 2002 (date of inception) to June 30, 2002
JUNE 30 SEPTEMBER 30
2002 2002
(Audited) (Unaudited)
ASSETS
CURRENT ASSETS
Cash $ 2,073 $ -
Accounts receivable 2750 5,067
Total current assets 4,823 5,067
TOTAL ASSETS $ 4,823 $ 5,067
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable $ 218,747 $ 221,568
Accrued liabilities 20,164 45,368
Total current liabilities 238,911 266,936
STOCKHOLDERS' EQUITY
Common stock 11,374 13,701
Additional paid-in capital 363,295 761,718
Deficit accumulated during development stage (608,757) (1,037,288)
Total stockholders' equity (234,088) (261,869)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,823 $ 5,067
HEALTHCENTRICS, INC.
A Development Stage Company
Unaudited Statement of Income for the quarter ended September 30, 2002
and the audited Statement of Income for the period from
February 22, 2002 (date of inception) to June 30, 2002
FEBRUARY 22 FEBRUARY 22
(Date of inception) QUARTER ENDED (Date of Inception)
JUNE 30, 2002 SEPT 30, 2002 SEP 30, 2002
(Audited) (Unaudited) (Unaudited)
REVENUES $ 3,000 $ 3,567 $ 6,567
COST OF SALES 2,595 (207) 2,388
GROSS PROFIT 405 3,774 4,179
EXPENSES
Sales 32,415 32,252 64,667
Marketing 106,773 56,120 162,893
Development 220,625 157,147 377,772
Customer Svc 18,709 26,958 45,667
G&A 230,640 159,828 390,468
Total Expenses 609,162 432,305 1,041,467
NET LOSS $(608,.757) $(428,531) $1,037,288)