EX-99.1 3 d01789exv99w1.txt MONTHLY OPERATING REPORT FOR OCTOBER 2002 EXHIBIT 99.1 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99 UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF TEXAS DALLAS DIVISION MONTHLY OPERATING REPORT - CONSOLIDATED MONTH ENDING: October 31, 2002 I DECLARE UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING REPORT (ACCRUAL BASIS-1 THROUGH ACCRUAL BASIS-7) AND THE ACCOMPANYING ATTACHMENTS AND THESE DOCUMENTS ARE TRUE, CORRECT AND COMPLETE. DECLARATION OF THE PREPARER IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE. RESPONSIBLE PARTY: /s/ W. BRITT BIRDWELL President ----------------------------------------- ------------------------------ ORIGINAL SIGNATURE OF RESPONSIBLE PARTY TITLE W. Britt Birdwell 11-25-02 ----------------------------------------- ------------------------------ PRINTED NAME OF RESPONSIBLE PARTY DATE PREPARER: /s/ Larry Dewey CPA Vice President - Finance ----------------------------------------- ------------------------------ ORIGINAL SIGNATURE OF PREPARER TITLE Larry Dewey CPA 11/25/02 ----------------------------------------- ------------------------------ PRINTED NAME OF PREPARER DATE Monthly Operating Report-Oct02 Consolidated Cover Sheet 11/26/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 1 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99
COMPARATIVE BALANCE SHEET SCHEDULE MONTH MONTH MONTH AMOUNT AUG 2002 SEP 2002 OCT 2002 ----------- -------------- -------------- -------------- ASSETS 1. UNRESTRICTED CASH $ -- $ 299,102.00 $ 21,522.00 $ 1,126,354.00 2. RESTRICTED CASH $ -- 3. TOTAL CASH $ -- $ 299,102.00 $ 21,522.00 $ 1,126,354.00 4. ACCOUNTS RECEIVABLE (NET) $ -- $ 3,424,621.00 $ 4,410,851.00 $ 4,372,878.00 5. INVENTORY $ -- 6. NOTES RECEIVABLE $ -- 7. PREPAID EXPENSES $ -- $ 409,309.00 $ 394,129.00 $ 443,247.00 8. OTHER $ -- 9. TOTAL CURRENT ASSETS $ -- $ 4,133,032.00 $ 4,826,502.00 $ 5,942,479.00 10. PROPERTY, PLANT & EQUIPMENT $ -- $ 7,072,556.00 $ 7,160,855.00 $ 7,180,382.00 11. LESS: ACCUMULATED DEPRECIATION/DEPLETION $ -- $ 1,887,675.00 $ 2,018,089.00 $ 2,162,844.00 12. NET PROPERTY, PLANT & EQUIPMENT $ -- $ 5,184,881.00 $ 5,142,766.00 $ 5,017,538.00 13. DUE FROM INSIDERS $ -- $ 11,111.00 $ 10,333.00 $ 6,945.00 14. OTHER ASSETS - (Lease Deposits) $ -- $ 213,523.00 $ 222,123.00 $ 195,011.00 15. OTHER $ -- 16. TOTAL ASSETS $ -- $ 9,542,547.00 $10,201,724.00 $11,161,973.00 POSTPETITION LIABILITIES 17. ACCOUNTS PAYABLE $ 1,043,961.00 18. TAXES PAYABLE - Property $ 24,112.00 19. NOTES PAYABLE 20. PROFESSIONAL FEES 21. SECURED DEBT 22. OTHER (ATTACH LIST) 23. TOTAL POSTPETITION LIABILITIES $ -- $ -- $ -- $ 1,068,073.00 PREPETITION LIABILITIES 24. SECURED DEBT $ 2,777,788.00 $ 3,025,928.00 $ 3,013,100.00 25. PRIORITY DEBT $ 25,000.00 $ 25,000.00 26. UNSECURED DEBT $ 8,592,759.00 $ 8,361,547.00 $ 8,106,298.00 27. OTHER (SEE ATTACHED) $ 2,754,446.00 $ 2,734,118.00 $ 2,767,115.00 28. TOTAL PREPETITION LIABILITIES 29. TOTAL LIABILITIES $ -- $14,124,993.00 $14,146,593.00 $14,979,587.00 EQUITY 30. PREPETITION OWNERS' EQUITY $(4,582,446.00) $(3,944,869.00) $(3,944,869.00) 31. POSTPETITION CUMULATIVE PROFIT (LOSS) $ 127,256 32. DIRECT CHARGES TO EQUITY (ATTACH EXPLANATION) 33. TOTAL EQUITY $ -- $(4,582,446.00) $(3,944,869.00) $(3,817,614.00) 34. TOTAL LIABILITIES & OWNERS' EQUITY $ -- $ 9,542,547.00 $10,201,724.00 $11,161,973.00
Monthly Operating Report-Oct02 Consolidated Balance Sheet 11/27/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 2 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99
MONTH MONTH MONTH QUARTER INCOME STATEMENT AUG 2002 SEP 2002 OCT 2002 TOTALS ------------- ------------- ------------- ------------- REVENUES 1. GROSS REVENUES $2,830,190.00 $3,164,248.00 $3,120,986.00 $9,115,424.00 2. LESS: RETURNS & DISCOUNTS $ 35,056.00 $ 21,806.00 $ 39,694.00 $ 96,556.00 3. NET REVENUE $2,795,134.00 $3,142,442.00 $3,081,292.00 $9,018,868.00 COST OF GOODS SOLD 4. MATERIAL (Telecom Services) $2,232,893.00 $2,345,552.00 $2,315,465.00 $6,893,910.00 5. DIRECT LABOR $ -- 6. DIRECT OVERHEAD $ -- 7. TOTAL COST OF GOODS SOLD $2,232,893.00 $2,345,552.00 $2,315,465.00 $6,893,910.00 8. GROSS PROFIT $ 562,241.00 $ 796,890.00 $ 765,827.00 $2,124,958.00 OPERATING EXPENSES 9. OFFICER / INSIDER COMPENSATION $ 78,663.00 $ 67,293.00 $ 62,668.00 $ 208,624.00 10. SELLING & MARKETING $ -- 11. GENERAL & ADMINISTRATIVE $ 294,571.00 $ 476,799.00 $ 362,712.00 $1,134,082.00 12. RENT & LEASE $ 16,620.00 $ 24,561.00 $ 24,525.00 $ 65,706.00 13. OTHER $ -- 14. TOTAL OPERATING EXPENSES $ 389,854.00 $ 568,653.00 $ 449,905.00 $1,408,412.00 15. INCOME BEFORE NON-OPERATING INCOME & EXPENSE $ 172,387.00 $ 228,237.00 $ 315,922.00 $ 716,546.00 OTHER INCOME & EXPENSES 16. NON-OPERATING INCOME (SEE ATTACHED) $ 613,994.00 $ 613,994.00 17. NON-OPERATING EXPENSE $ -- 18. INTEREST EXPENSE $ 21,763.00 $ 62,105.00 $ 43,911.00 $ 127,779.00 19. DEPRECIATION / DEPLETION $ 143,061.00 $ 142,357.00 $ 144,755.00 $ 430,173.00 20. AMORTIZATION $ -- 21. OTHER - (Loss on Sales of Equipment) $ (193.00) $ (193.00) 22. NET OTHER INCOME & EXPENSES $ (164,824.00) $ 409,339.00 $ (188,666.00) $ 55,849.00 REORGANIZATION EXPENSES 23. PROFESSIONAL FEES $ -- 24. U.S. TRUSTEE FEES $ -- 25. OTHER (ATTACH LIST) $ -- 26. TOTAL REORGANIZATION EXPENSES $ -- $ -- $ -- $ -- 27. INCOME TAX 28. NET PROFIT (LOSS) $ 7,563.00 $ 637,576.00 $ 127,256.00 $ 772,395.00
Monthly Operating Report-Oct02 Consolidated Income Statement 11/26/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 3 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99
MONTH MONTH MONTH QUARTER CASH RECEIPTS AND DISBURSEMENTS AUG 2002 SEP 2002 OCT 2002 TOTALS ------------- ------------- ------------- ------------- 1. CASH - BEGINNING OF MONTH $ (12,748.00) $ 299,102.00 $ 21,522.00 $ 307,876.00 RECEIPTS FROM OPERATIONS 2. CASH SALES $ -- COLLECTION OF ACCOUNTS RECEIVABLE 3. PREPETITION $2,791,223.00 $2,166,053.00 $2,964,999.00 $7,922,275.00 4. POSTPETITION $ -- $ 46,266.00 $ 46,266.00 5. TOTAL OPERATING RECEIPTS $2,791,223.00 $2,166,053.00 $3,011,265.00 $7,968,541.00 NON-OPERATING RECEIPTS 6. LOANS & ADVANCES (ATTACH LIST) $ -- $ -- 7. SALE OF ASSETS $ -- $ -- 8. OTHER (SEE ATTACHED) $ -- $ 61,243.00 $ 61,243.00 9. TOTAL NON-OPERATING RECEIPTS $ -- $ -- $ 61,243.00 $ 61,243.00 10. TOTAL RECEIPTS $2,791,223.00 $2,166,053.00 $3,072,508.00 $8,029,784.00 11. TOTAL CASH AVAILABLE $2,778,475.00 $2,465,155.00 $3,094,030.00 $8,337,660.00 OPERATING DISBURSEMENTS 12. NET PAYROLL $ 197,011.00 $ 207,879.00 $ 159,550.00 $ 564,440.00 13. PAYROLL TAXES PAID $ 12,892.00 $ 10,809.00 $ 10,120.00 $ 33,821.00 14. SALES, USE & OTHER TAXES PAID $ 714.00 $ 714.00 $ 1,428.00 15. SECURED / RENTAL / LEASES $ 16,620.00 $ 24,561.00 $ 41,181.00 16. UTILITIES $ 651.00 $ 661.00 $ 1,312.00 17. INSURANCE $ 39,867.00 $ 18,882.00 $ 19,944.00 $ 78,693.00 18. INVENTORY PURCHASES - (Telecom Services) $2,089,519.00 $1,874,979.00 $1,743,560.00 $5,708,058.00 19. VEHICLE EXPENSES $ -- 20. TRAVEL $ 9,332.00 $ 1,700.00 $ 11,032.00 21. ENTERTAINMENT $ -- 22. REPAIRS & MAINTENANCE $ 243.00 $ 243.00 23. SUPPLIES $ -- 24. ADVERTISING $ 4,000.00 $ 4,000.00 25. OTHER (SEE ATTACHED) $ 112,767.00 $ 299,448.00 $ 34,259.00 $ 446,474.00 26. TOTAL OPERATING DISBURSEMENTS $2,479,373.00 $2,443,633.00 $1,967,676.00 $6,890,682.00 REORGANIZATION EXPENSES 27. PROFESSIONAL FEES $ -- $ -- 28. U.S. TRUSTEE FEES $ -- $ -- 29. OTHER (ATTACH LIST) $ -- $ -- 30. TOTAL REORGANIZATION EXPENSES $ -- $ -- $ -- $ -- 31. TOTAL DISBURSEMENTS $2,479,373.00 $2,443,633.00 $1,967,676.00 $6,890,682.00 32. NET CASH FLOW $ 311,850.00 $ (277,580.00) $1,104,832.00 $1,139,102.00 33. CASH - END OF MONTH $ 299,102.00 $ 21,522.00 $1,126,354.00
Monthly Operating Report-Oct02 Consolidated Cash Receipts 11/26/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 4 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99
SCHEDULE MONTH MONTH MONTH ACCOUNTS RECEIVABLE AGING AMOUNT AUG 02 SEP-02 OCT-02 ------------- ------------- ------------- ------------- 1. 0 - 30 $ -- $2,902,900.00 $3,819,903.00 $3,540,396.00 2. 31 - 60 $ -- $ 7,060.00 $ 70,510.00 $ 248,798.00 3. 61 - 90 $ -- $ 84,942.00 $ 5,775.00 $ 63,346.00 4. 91+ $ -- $ 429,719.00 $ 514,663.00 $ 568,338.00 5. TOTAL ACCOUNTS RECEIVABLE $ -- $3,424,621.00 $4,410,851.00 $4,420,878.00 6. AMOUNT CONSIDERED UNCOLLECTIBLE $ -- $ 48,000.00 7. ACCOUNTS RECEIVABLE (NET) $ -- $3,424,621.00 $4,410,851.00 $4,372,878.00
AGING OF POSTPETITION TAXES AND PAYABLES MONTH: Oct-02 ---------
0 - 30 31 - 60 61 - 90 91+ DAYS DAYS DAYS DAYS TOTAL -------------- --------- --------- --------- -------------- TAXES PAYABLE 1. FEDERAL $ -- 2. STATE $ -- 3. LOCAL $ -- 4. OTHER (ATTACH LIST) $ -- 5. TOTAL TAXES PAYABLE $ -- $ -- $ -- $ -- NONE 6. ACCOUNTS PAYABLE $ 1,043,961.00 $ 1,043,961.00
STATUS OF POSTPETITION TAXES MONTH: Oct-02 ---------
BEGINNING TAX AMOUNT WITHHELD ENDING TAX TAXES PAYABLE LIABILITY* AND OR ACCRUED AMOUNT PAID LIABILITY -------------- --------------- -------------- -------------- 1. WITHHOLDING** $ -- 2. FICA-EMPLOYEE** $ -- 3. FICA-EMPLOYER** $ -- 4. UNEMPLOYMENT $ -- 5. INCOME 6. OTHER (ATTACH LIST) 7. TOTAL FEDERAL TAXES $ -- $ -- $ -- STATE AND LOCAL 8. WITHHOLDING 9. SALES 10. EXCISE 11. UNEMPLOYMENT 12. REAL PROPERTY 13. PERSONAL PROPERTY $ -- $ 24,112.00 $ -- $ 24,112.00 14. OTHER (ATTACH LIST) 15. TOTAL STATE & LOCAL $ -- $ 24,112.00 $ -- $ 24,112.00 16. TOTAL TAXES $ -- $ 24,112.00 $ -- $ 24,112.00
* The beginning tax liability should represent the liability from the prior month or if this is the first operating report, the amount should be zero. ** Attach photocopies of IRS Form 6123 or your EID coupon and payment receipt to verify payment or deposit Monthly Operating Report-Oct02 Consolidated Accts Rec. - Taxes 11/26/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 5 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99 The debtor in possession must complete the reconciliation below for each bank account, including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. Accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary. BANK RECONCILIATION MONTH: 30-Oct-02 ------------
ACCOUNT #1 ACCOUNT #2 ACCOUNT #3 A. BANK COMERICA COMERICA COMERICA B. ACCOUNT NUMBER: 1880831753 1880831761 1880831779 C. PURPOSE (TYPE): DIP OPERATING DIP A/R PAYROLL TOTAL ------------- ------------- ------------- ------------- 1. BALANCE PER BANK STATEMENT $ 575,125.92 $ 554,510.76 $ -- $1,129,636.68 2. ADD: TOTAL DEPOSITS NOT CREDITED $ 228,310.94 $ 228,310.94 3. SUBTRACT OUTSTANDING CHECKS $ 232,757.78 $ 232,757.78 4. OTHER RECONCILING ITEMS $ -- 5. MONTH END BALANCE PER BOOKS $ 342,368.14 $ 782,821.70 $ -- $1,125,189.84 6. NUMBER OF LAST CHECK WRITTEN 1049 N/A
INVESTMENT ACCOUNTS
DATE OF TYPE OF PURCHASE BANK, ACCOUNT NAME & NUMBER PURCHASE INSTRUMENT PRICE CURRENT VALUE -------- ---------- -------- ------------- 7. NONE 8. 9. 10. 11. TOTAL INVESTMENTS NONE CASH 12. CURRENCY ON HAND NONE 13. TOTAL CASH - END OF MONTH CONTINUED
Monthly Operating Report-Oct02 Consolidated Bank Recon. 11/25/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 5 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99 The debtor in possession must complete the reconciliation below for each bank account, including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. Accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary. BANK RECONCILIATION MONTH: 30-Oct-02 -----------
ACCOUNT #1 ACCOUNT #2 ACCOUNT #3 A. BANK BANK OF TEXAS B. ACCOUNT NUMBER: 2891009041 C. PURPOSE (TYPE): DIP OPERATING TOTAL ------------- ------------- ------------- ------------- 1. BALANCE PER BANK STATEMENT $ 1,164.54 $ 1,164.54 2. ADD: TOTAL DEPOSITS NOT CREDITED $ -- 3. SUBTRACT OUTSTANDING CHECKS $ -- 4. OTHER RECONCILING ITEMS $ -- 5. MONTH END BALANCE PER BOOKS $ 1,164.54 $ -- $ 1,164.54 6. NUMBER OF LAST CHECK WRITTEN
INVESTMENT ACCOUNTS
DATE OF TYPE OF PURCHASE BANK, ACCOUNT NAME & NUMBER PURCHASE INSTRUMENT PRICE CURRENT VALUE --------------------------- -------- ---------- -------- ------------- 7. NONE 8. 9. 10. 11. TOTAL INVESTMENTS NONE CASH 12. CURRENCY ON HAND NONE 13. TOTAL CASH - END OF MONTH $ 1,126,354.38
Monthly Operating Report-Oct02 Consolidated Bank Recon. 11/25/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 6 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99 PAYMENTS TO INSIDERS AND PROFESSIONALS Of the total disbursements shown for the month, list the amount paid to Insiders (as defined in Section 101 (31) (A) - (F) of the U.S. Bankruptcy Code) and to Professionals. Also, for payments to Insiders, identify the type of compensation paid (e.g. Salary, Bonus, Commissions, Insurance, Housing Allowance, Travel, Car Allowance, etc.) attach additional sheets if necessary. INSIDERS
TOTAL PAID TO NAME TYPE OF PAYMENT AMOUNT PAID DATE ------------------------------ --------------- -------------- -------------- 1. W Britt Birdwell Salary $ 10,000.00 2. Michael Donahoe Salary $ 11,917.00 3. Chad Frazier Salary $ 11,917.00 4. Robert Birdwell Salary $ 5,000.00 5. Rodney Jones Salary $ 11,917.00 6. Steve Weigman Salary $ 11,917.00 7. TOTAL PAYMENTS TO INSIDERS $ 62,668.00
PROFESSIONALS
DATE OF COURT ORDER TOTAL AUTHORIZING AMOUNT TOTAL PAID TO INCURRED & NAME PAYMENT APPROVED AMOUNT PAID DATE UNPAID* --------------------------- ------------- ------------ ------------ ------------- ------------ 1. 2. 3. 4. 5. 6. TOTAL PAYMENTS TO PROFESSIONALS $ -- $ -- $ -- $ --
* INCLUDE ALL FEES INCURRED. BOTH APPROVED AND UNAPPROVED POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE, AND ADEQUATE PROTECTION PAYMENTS.
SCHEDULED MONTHLY AMOUNTS PAID TOTAL UNPAID NAME OF CREDITOR PAYMENTS DUE DURING MONTH POSTPETITION --------------------------------- ------------- ------------- ------------- 1. Lee Barton $ -- $1,000,000.00 2. Tim Terrell $ -- $ 500,000.00 3. Transcom Communications, Inc. $ -- $1,192,230.00 4. Regions Bank $ -- $ 320,870.00 5 6. TOTAL $ -- $ -- $3,013,100.00
Monthly Operating Report-Oct02 Consolidated Insiders-Profess. 11/25/2002 CASE NAME: DataVoN, Inc. Et al MONTHLY OPERATING REPORT ACCRUAL BASIS - 7 CASE NUMBER: 02-38600-RCM 10/14/02, RWD, 02/96 & 07/99 MONTH: Oct-02 -------- QUESTIONNAIRE
YES NO --- --- 1. HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE THE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD? x 2. HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR IN POSSESSION ACCOUNT? x 3. ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES, OR LOANS) DUE FROM RELATED PARTIES? x 4. HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES THIS REPORTING PERIOD? x 5. HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE DEBTOR FROM ANY PARTY? x 6. ARE ANY POSTPETITION PAYROLL TAXES PAST DUE? x 7. ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES PAST DUE? x 8. ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE? x 9. ARE ANY OTHER POSTPETITION TAXES PAST DUE? x 10. ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS DELINQUENT? x 11. HAVE ANY PREPETITION TAXES BEEN PAID DURING THE REPORTING PERIOD? x 12. ARE ANY WAGE PAYMENTS PAST DUE? x
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "YES," PROVIDE A DETAILED EXPLANATION OF EACH ITEM. ATTACH ADDITIONAL SHEETS IF NECESSARY. INSURANCE
YES NO --- --- 1. ARE WORKER'S COMPENSATION, GENERAL LIABILITY AND OTHER NECESSARY INSURANCE COVERAGES IN EFFECT? x 2. ARE ALL PREMIUM PAYMENTS PAID CURRENT? x 3. PLEASE ITEMIZE POLICIES BELOW
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "NO," OR IF ANY POLICIES HAVE BEEN CANCELLED OR NOT RENEWED DURING THIS REPORTING PERIOD. PROVIDE AN EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY. INSTALLMENT PAYMENTS
PAYMENT AMOUNT & TYPE OF POLICY CARRIER PERIOD COVERED FREQUENCY -------------- ------- -------------- ---------------- General Liability,Workers Comp St Paul Insurance 7-02 to 7-03 Group Health Principal Financial Group 8-02 to 8-03
Monthly Operating Report-Oct02 Consolidated Questionnaire 11/25/2002 Case Name Datavon, Inc. Et al Case Number 02-38600-RCM Monthly Operating Report Supporting Schedules - Comparative Balance Sheet Month Ended October 31, 2002 Comparative Balance Sheet
Aug 2002 Sep 2002 Oct 2002 ------------ ------------ ------------ Line 24 - Secured Debt Note Payable - Lee Barton 1,000,000 1,000,000 1,000,000 Note Payable - Tim Terrell 500,000 500,000 Note Payable - Regions Bank 346,242 333,698 320,870 Note Payable - Transcom Communications,Inc 217,000 Account Payable - Transcom Communications,Inc 1,214,546 1,192,230 1,192,230 ------------ ------------ ------------ Totals 2,777,788 3,025,928 3,013,100 ============ ============ ============ Line 27 - Other Prepetition Liabilities Capitalized Lease Obligations CIT - Copier 20,601 19,953 19,294 Gulfcoast - Telecom Equipment 66,000 Sun Microsystems - Telecom Equipment 158,341 138,826 119,234 Cisco Systems Capital - Telecom Equipment 2,417,412 2,417,412 2,417,412 VAResourses 48,500 57,420 62,867 Dell Financial Services 109,592 100,507 82,308 ------------ ------------ ------------ Totals 2,754,446 2,734,118 2,767,115 ============ ============ ============
Case Name Datavon, Inc. Et al Case Number 02-38600-RCM Monthly Operating Report Supporting Schedules - Income Statement Month Ended October 31, 2002
Aug 2002 Sep 2002 Oct 2002 ------------- ------------ ------------ Other Income & Expense Line 16 - Non-Operating Income Payable Correction 613,994 ============
Case Name Datavon, Inc. Et al Case Number 02-38600-RCM Monthly Operating Report Supporting Schedules - Cash Receipts and Disbursements Month Ended October 31, 2002
Oct 2002 ----------- Line 25 - Other Operating Disbursements Contracted Services 19,002 Office Expense 2,219 Bank Charges 4 Employee Advance 856 Postage Deposit 600 Equipment Purchases 8,000 Telephone 3,578 ----------- TOTALS 34,259 ===========
Case Name Datavon, Inc. Et al Case Number 02-38600-RCM DTVN Holdings, Inc. & Subsidiaries Supporting Schedules - Cash Receipts and Disbursements Month Ended August 31, 2002
CONSOLIDATED ZYDECO VIDEO DTVN DTVN DATAVON, INC. EXPLORATION, INC. INTELLIGENCE HOLDINGS, INC HOLDINGS, INC. AUG 2002 AUG 2002 AUG 2002 AUG 2002 AUG 2002 ------------- ----------------- ------------ ------------- -------------- Operating Disbursements Net Payroll 197,011 197,011 Payroll Taxes 12,892 12,892 Sales Taxes 80 634 714 Rents 16,620 16,620 Utilities 651 651 Insurance 29,911 9,956 39,867 Inventory Purchases 2,089,519 2,089,519 Travel 9,332 9,332 Repairs 0 Supplies 0 Advertising 0 Other Disbursements Bank Service Charges 799 402 1,201 Consulting Fees 39,762 39,762 Contracted Services 6,221 6,221 Litigation Judgement 17,500 17,500 Office Expense 1,733 1,733 Pension Expense 3,806 3,806 Postage & Delivery 1,382 1,382 Professional Fees 22,523 1,265 23,788 Stockholders Relations-SEC 7,648 7,648 Telephone 9,726 9,726 ------------- ----------------- ------------ -------------- -------------- Total Other 103,452 0 0 9,315 112,767 ------------- ----------------- ------------ -------------- -------------- TOTAL DISBURSEMENTS 2,459,468 0 0 19,905 2,479,373 ============= ================= ============ ============== ==============
Unaudited - Prepared for Internal Use Case Name Datavon, Inc. Et al Case Number 02-38600-RCM DTVN Holdings, Inc. & Subsidiaries Supporting Schedules - Cash Receipts and Disbursements Month Ended September 30, 2002
CONSOLIDATED ZYDECO VIDEO DTVN DTVN DATAVON, INC. EXPLORATION, INC. INTELLIGENCE HOLDINGS, INC HOLDINGS, INC. SEP 2002 SEP 2002 SEP 2002 SEP 2002 SEP 2002 ------------- ----------------- ------------ ------------- -------------- Operating Disbursements Net Payroll 207,879 207,879 Payroll Taxes 10,809 10,809 Sales Taxes 80 634 714 Rents 19,115 5,446 24,561 Utilities 661 661 Insurance 8,926 9,956 18,882 Inventory Purchases 1,874,979 1,874,979 Travel 1,700 1,700 Repairs 0 Supplies 0 Advertising 4,000 4,000 General & Administrative Expenses Bank Service Charges 392 392 Commissions 14,000 14,000 Computer Expenses 1,201 1,201 Billing & Consulting Fees 99,085 99,085 Contracted Services 17,886 17,886 Employment Fees 1,760 1,760 Filing Fees 335 542 877 Litigation Judgement 17,500 17,500 Moving Expenses 18,020 18,020 Office Expense 2,767 2,767 Pension Expense 3,801 3,801 Professional Fees 56,481 46,405 102,886 Stockholders Relations-SEC 3,090 3,090 Telephone 16,183 16,183 ------------- ----------------- ------------ ------------- -------------- Total Other 249,411 0 0 50,037 299,448 ------------- ----------------- ------------ ------------- -------------- TOTAL DISBURSEMENTS 2,377,560 0 5,446 60,627 2,443,633 ============= ================= ============ ============= ==============
Unaudited - Prepared for Internal Use Case Name Datavon, Inc. Et al Case Number 02-38600-RCM DTVN Holdings Inc., & Subsidiaries Supporting Schedules - Cash Receipts and Disbursements Month Ended October 31, 2002
DATAVON, INC. EXPLORATION, INC. INTELLIGENCE HOLDINGS, INC HOLDINGS, INC. OCT 2002 OCT 2002 OCT 2002 OCT 2002 OCT 2002 --------------- ----------------- --------------- --------------- --------------- Non-Operating Receipts 60,000 60,000 Customer Deposits 1,243 1,243 --------------- --------------- --------------- --------------- --------------- Reimbursement by Employees 61,243 0 0 0 61,243 =============== =============== =============== =============== =============== Total Non-Operating Receipts Operating Disbursements Net Payroll 159,550 159,550 Payroll Taxes 10,120 10,120 Sales Taxes 0 Rents 0 Utilities 0 Insurance 19,944 19,944 Inventory Purchases 1,743,560 1,743,580 Travel 0 Repairs 243 243 Supplies 0 Advertising 0 General & Administrative Expenses Bank Charges 4 4 Contracted Services 19,002 19,002 Office Expense 2,219 2,219 Employee advance 856 856 Postage Deposit 600 600 Equipment Purchase 8,000 8,000 Telephone 3,578 3,578 --------------- --------------- --------------- --------------- --------------- Total Other 34,255 0 0 4 34,259 --------------- --------------- --------------- --------------- --------------- TOTAL DISBURSEMENTS 1,967,672 0 0 4 1,967,676 =============== =============== =============== =============== ===============
Unaudited - Prepared for Internal Use