Burst

Burst.com, Inc.

Balance Sheet

July 1, - September 30, 2003

					Sep 30, 03
ASSETS
	Current Assets
		Checking/Savings
			Bayview Money Market		336,667.56
			Bay View Bank Checking		6,364.10
		Total Checking/Savings			343,031.66
		Other Current Assets
			Other Receivables		40.00
		Total Other Current Assets			40.00
	Total Current Assets				343,071.66
	Fixed Assets
		Property and Equipment			25,033.10
	Total Fixed Assets				25,033.10
	Other Assets
		Deposits			2,700.00
	Total Other Assets				2,700.00
TOTAL ASSETS					370,804.76
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable	317,776.25
			Total Accounts Payable		317,776.25
			Other Current Liabilities
				Accrued Expenses	382,844.24
				Accrued Interest Payable	383,277.71
				Deferred Revenue	40,300.00
			Total Other Current Liabilities		806,421.95
		Total Current Liabilities			1,124,198.20
		Long Term Liabilities
			Notes Payable		1,782,640.90
			Long Term Payable X Employees		271,895.00
		Total Long Term Liabilities			2,054,535.90
	Total Liabilities				3,178,734.10
	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			-366,702.89
	Total Equity				-2,807,929.34
TOTAL LIABILITIES & EQUITY					370,804.76