HealthDesk Corporation (a Development Stage Company) Exhibit 99.1 INTERIM BALANCE SHEETS (unaudited) Pro-forma January 31, Financing January 31, ASSETS 1998 Impact 1998 ---- ------ ---- Current assets: Cash and cash equivalents....................... $ 1,085,925 $ 800,000 $ 1,885,925 Prepaid expenses and other...................... 89,087 ---- 89,087 ---------------- ---------------- ---------------- Total current assets....................... 1,175,012 800,000 1,975,012 Property and equipment, net....................... 449,527 ---- 449,527 Other assets...................................... 19,612 ---- 19,612 ---------------- ---------------- ---------------- Total assets............................... $ 1,644,151 $ 800,000 $ 2,444,151 ================ ================ ================ LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable............................... $ 87,331 ---- $ 87,331 Accrued liabilities............................ 318,100 ---- 318,100 ---------------- ---------------- ---------------- Total liabilities.......................... 405,431 ---- 405,431 ---------------- ---------------- ---------------- Shareholders' equity: Common stock, no par value; authorized 17,000,000 shares; issued and outstanding and 5,392,845 shares at January 31, 1998, and pro-forma 5,792,845, respectively............ 11,457,505 800,000 12,257,505 Warrants....................................... 195,687 ---- 195,687 Deficit accumulated during the development stage........................................ (10,414,472) ---- (10,414,472) ----------------- ---------------- ----------------- Total shareholders' equity ....................... 1,238,720 800,000 2,038,720 ---------------- ---------------- ---------------- Total liabilities and shareholders' equity $ 1,644,151 $ 800,000 $ 2,444,151 ================ ================ ================ HealthDesk Corporation (a Development Stage Company) Exhibit 99.1 STATEMENT OF OPERATIONS (unaudited) Month Ended January 31, 1998 Revenue: Software development and licensing....... $ ---- Other.................................... 370 ---------------- Total revenue........................ 370 ---------------- Costs and expenses: Product development...................... 145,865 Sales and marketing...................... 96,291 General and administrative............... 12,164 ---------------- Total costs and expenses............. 254,320 Loss from operations................... (253,950) Interest income.......................... 5,234 ---------------- Loss before income taxes............... (248,716) Provision for income taxes.................. (67) ----------------- Net loss................................ $ (248,783) =================