CVD Equipment Corporation Balance Sheet

Balance Sheet FYE: 31-Dec

Assets	9/30/2008	6/30/2008	3/31/2008	12/31/2007
Cash & Short Term Investments	2.47	3.42	3.45	5.36
Receivables - Total	7.48	5.85	5.12	3.71
Inventories - Total	2.83	2.89	3.05	3.02
Total Current Assets	13.07	12.42	12.01	12.46
Net Property, Plant & Equipment	7.72	7.47	7.11	5.06
Total Assets	21.83	20.99	20.20	19.01
Liabilities
Accounts Payable	2.45	2.33	1.51	1.88
Debt in Current Liabilities	0.35	0.28	0.27	0.22
Total Current Liabilities	3.00	2.61	1.84	2.15
Long-Term Debt	4.22	4.02	4.07	2.68
Total Liabilities	7.21	6.63	5.91	4.83
Stockholder's Equity
Minority Interest	NA	NA	NA	NA
Preferred Stock	NA	NA	NA	NA
Common Stock	0.05	0.05	0.05	0.05
Retained Earnings	4.69	4.57	4.56	4.54
Treasury Stock	NA	NA	NA	NA
Total Stockholders' Equity	14.61	14.36	14.29	14.18
Total Liabilities and Stockholders' Equity	21.83	20.99	20.20	19.01