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American Rare Earths (AREM)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [OTC US]

[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]

[[ session ]] by (Cboe BZX)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [OTC US]

[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]

[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]

Balance Sheet for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 06/30

(Values in U.S. thousands)

	03-2010	12-2009	09-2009	06-2009	03-2009
Assets
Current Assets
Cash & Cash Equivalents	330	120	730	1,040	690
Marketable Securities	250	250	0	0	0
Receivables	700	630	230	510	960
Inventories	1,110	1,510	1,510	1,270	1,270
Other current assets	1,120	590	390	420	180
TOTAL	$3,510	$3,100	$2,860	$3,240	$3,100

Non-Current Assets
Other Non-Current Assets	3,720	0	0	0	0
TOTAL	$3,720	$N/A	$N/A	$N/A	$N/A

Total Assets	$7,300	$3,130	$2,900	$3,290	$3,150

Liabilities
Current Liabilities
Accounts payable and accrued liabilities	640	680	630	810	510
Accrued Expenses	2,290	2,090	2,000	1,980	1,960
Other current liabilities	2,040	870	790	660	640
TOTAL	$5,320	$4,180	$4,260	$4,360	$4,000

Non-Current Liabilities
Long Term Debt	400	150	0	150	170
Other Non-Current Liabilities	0	240	400	240	240
TOTAL	$400	$390	$400	$390	$410

Total Liabilities	$5,730	$4,580	$4,660	$4,760	$4,420

Shareholders' Equity
Common Shares	200	140	120	90	90
Retained earnings	-30,060	-28,000	-27,170	-25,660	-25,320
Other shareholders' equity	40	40	40	40	40
TOTAL	$1,570	$-1,450	$-1,760	$-1,470	$-1,260

Total Liabilities And Equity	$7,300	$3,130	$2,900	$3,290	$3,160