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World Surveillance Group (WSGI)

World Surveillance Group (WSGI)
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World Surveillance Group Inc., formerly known as Sanswire Corp., designs, develop and markets and sells unmanned aerial vehicles. The Company's vehicles are used by government-related and commercial entities that require real-time intelligence, surveillance and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief and maritime missions. Its products include Argus One, an unmanned autonomous airship with automated control for individual body modules for flight stability and aerodynamic control; SkySat, a mid-altitude airship that carries payloads for longer durations; and Stratellite, a high altitude airship. World Surveillance Group Inc. is based in Kennedy Space Center, Florida.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2010 Dec, 2009 Dec, 2008 Dec, 2007 Dec, 2006
Sales 250 0 0 50 30
Sales Growth unch unch -100.00% +66.67% -99.96%
Net Income -9,790 -9,410 -4,590 -11,600 -27,260
Net Income Growth -4.04% -105.01% +60.43% +57.45% +14.68%
(Values in U.S. Thousands) Dec, 2010 Dec, 2009 Dec, 2008 Dec, 2007 Dec, 2006
Total Assets 30 3,740 3,240 440 500
Total Assets Growth -99.20% +15.43% +636.36% -12.00% -97.54%
Total Liabilities 19,400 17,710 18,690 13,660 14,690
Total Liabilities Growth +9.54% -5.24% +36.82% -7.01% +48.38%
(Values in U.S. Thousands) Dec, 2010 Dec, 2009 Dec, 2008 Dec, 2007 Dec, 2006
Operating Cash Flow -1,680 -1,990 -900 -2,280 -14,140
Operating Cash Flow Growth +15.58% -121.11% +60.53% +83.88% -12.13%
Net Cash Flow 20 -10 -20 20 -1,060
Change in Net Cash Flow +300.02% +50.00% -200.00% +101.89% -270.97%
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