Burst.com, Inc.

Balance Sheet

January 1, - March 31, 2003

					Mar 31, 03
ASSETS
	Current Assets
		Checking/Savings
			Bayview Money Market		545,629.65
			Bay View Bank Checking		1,954.78
		Total Checking/Savings			547,584.43
		Other Current Assets
			Other Receivables		40.00
		Total Other Current Assets			40.00
	Total Current Assets				547,624.43
	Fixed Assets
		Property and Equipment			47,454.66
	Total Fixed Assets				47,454.66
	Other Assets
		Deposits			2,700.00
	Total Other Assets				2,700.00
TOTAL ASSETS					597,779.09
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable	419,872.12
			Total Accounts Payable		419,872.12
			Other Current Liabilities
				Accrued Expenses	385,709.62
				Accrued Interest Payable	297,495.74
				Deferred Revenue	120,900.00
			Total Other Current Liabilities		804,105.36
		Total Current Liabilities			1,223,977.48
		Long Term Liabilities
			Notes Payable		1,695,222.90
			Long Term Payable X Employees		271,895.00
		Total Long Term Liabilities			1,967,117.90
	Total Liabilities				3,191,095.38
	Equity
		Common Stock			3,503.89
		Paid-in Capital			58,572,232.93
		Paid-in Capital Warrants			514,446.11
		*Retained Earnings			-61,531,409.38
		Net Income			-152,089.84
	Total Equity				-2,593,316.29
TOTAL LIABILITIES & EQUITY					597,779.09