EX-99.2 4 ex99-2.htm SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS Applied Digital Solutions, Inc. Form 8-K - Exhibit 99.2

Exhibit 99.2



VALUATION AND QUALIFYING ACCOUNTS
(in thousands)

    Additions
   
Description
Balance at
beginning
of period
Charged to
cost and
expenses
Valuation
accounts
acquired
Deductions
Balance at
end of
period
 
Valuation reserve deducted in the balance
   sheet from the asset to which it applied:

      Accounts receivable: 		           
        2000 Allowance for doubtful accounts $   1,047 $     823 $     766 $     955 $   1,681    
        1999 Allowance for doubtful accounts 574 448 239 214 1,047  
        1998 Allowance for doubtful accounts

527

652

189

794

574

 
      Inventory:
         2000 Allowance for excess and absolencence
916
345
460
221
1,500 		 
         1999 Allowance for excess and absolencence 1,374 139 -- 597 916  
         1998 Allowance for excess and absolencence 907

716

--

249

1,374

 
      Deferred Taxes:
         2000 Valuation reserve
--
15,850
--
--
15,850 		 
         1999 Valuation reserve 2,994 -- -- 2,994 --  
         1998 Valuation reserve 3,494

--

--

500

2,994

 
      Reserves not deducted from assets:
         2000 Warranty reserve
50
163
--
50
163 		 
         1999 Warranty reserve -- -- 50 -- 50  
         1998 Warranty reserve -- -- -- -- --