Burst.com, Inc.

Balance Sheet

April 1 - June 30, 2003

					Jun 30, 03
ASSETS
	Current Assets
		Checking/Savings
			Bayview Money Market		434,907.85
			Bay View Bank Checking		435.38
		Total Checking/Savings			435,343.23
		Other Current Assets
			Other Receivables		40.00
		Total Other Current Assets			40.00
	Total Current Assets				435,383.23
	Fixed Assets
		Property and Equipment			35,933.84
	Total Fixed Assets				35,933.84
	Other Assets
		Deposits			2,700.00
	Total Other Assets				2,700.00
TOTAL ASSETS					474,017.07
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable	390,895.94
			Total Accounts Payable		390,895.94
			Other Current Liabilities
				Accrued Expenses	385,046.16
				Accrued Interest Payable	339,702.56
				Deferred Revenue	80,600.00
			Total Other Current Liabilities		805,348.72
		Total Current Liabilities			1,196,244.66
		Long Term Liabilities
			Notes Payable		1,738,931.90
			Long Term Payable X Employees		271,895.00
		Total Long Term Liabilities			2,010,826.90
	Total Liabilities				3,207,071.56
	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			-291,828.04
	Total Equity				-2,733,054.49
TOTAL LIABILITIES & EQUITY					474,017.07