SIGMATEL, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands) (unaudited) September 30, December 31, 2007 2006 -------------- ------------- ASSETS Current assets: Cash and cash equivalents $ 27,134 $ 30,686 Restricted cash 184 7,354 Short-term investments 47,237 62,800 Accounts receivable, net 20,099 12,556 Inventories, net 17,502 20,794 Income tax receivable 2,486 3,365 Prepaid expenses and other assets 2,735 5,591 ------------- ------------ Total current assets 117,377 143,146 Property, equipment and software, net 10,337 13,301 Intangible assets, net 15,023 15,370 Non-current income tax receivable 5,250 - Other assets 1,193 1,574 ------------- ------------ Total assets $ 149,180 $ 173,391 ============= ============ LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 20,439 $ 16,338 Accrued compensation 6,551 8,712 Other accrued expenses 2,802 5,328 Deferred revenue 5,507 1,242 Income tax payable 3,025 2,728 Current portion of long-term obligations 345 229 ------------- ------------ Total current liabilities 38,669 34,577 Non-current income taxes payable 4,787 4,453 Other liabilities 2,189 809 ------------- ------------ Total liabilities 45,645 39,839 ------------- ------------ Stockholders' equity: Common stock, $0.0001 par value; 170,000 shares authorized; shares issued and outstanding: 36,111 and 36,021 at September 30, 2007 and 35,603 and 35,513 at December 31, 2006, respectively 4 4 Additional paid-in capital 203,628 197,711 Notes receivable from stockholders - (5) Treasury stock, 90 common shares at cost (741) (741) Accumulated deficit (99,679) (63,687) Accumulated other comprehensive income 323 270 ------------- ------------ Total stockholders' equity 103,535 133,552 ------------- ------------ Total liabilities and stockholders' equity $ 149,180 $ 173,391 ============= ============