XEDAR CORP
10QSB/A, 1996-02-01
PHOTOGRAPHIC EQUIPMENT & SUPPLIES
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                             UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549

                              FORM 10-QSB
                                AMENDED
(Mark One):
(X)  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934
     For the quarterly period ended       September 30, 1995
                                    _________________________________


( )  TRANSITION REPORT UNDER SECTION 13 or 15(d) OF THE EXCHANGE ACT
     For the transition period from              to
                                    ----------------------------------
Commission File Number        0-8356
                       -----------------------------------------------
                       XEDAR CORPORATION
- ----------------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)
       Colorado                           84-0684753
- --------------------------------  ------------------------------------
(State or other jurisdiction of
 incorporation or organization)   (IRS Employer Identification No.)

 2500 Central Avenue, Boulder, CO 80301
- ----------------------------------------------------------------------
               (Address of principal executive offices)
(303) 443-6441
 ---------------------------------------------------------------------
                      (Issuer's telephone number)


Check whether the Issuer (1) filed all documents and reports required
to be filed by Section 13 or 15(d) of the Exchange Act during the past
12 months (or for such shorter period that the Registrant was required
to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                           Yes   X        No
                               ______        ______

State the number of shares outstanding of each of the issuer's classes
of common stock as of the latest practicable date: No Par Value Common
Stock - 1,837,224 shares as of November 15, 1995.

Transitional Small Business Disclosure Format (check one):

                           Yes            No   X
                              ------         ------





                              SIGNATURES



  In accordance with the requirements of the Exchange Act, the
Registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


      XEDAR CORPORATION
- -----------------------------
         (Registrant)


       January, 22, 1996                Hans R. Bucher, President
Date.........................      ...................................
                                      (Hans R. Bucher, President)





<TABLE> <S> <C>

<ARTICLE> 5
<MULTIPLIER> 1
       
<S>                                            <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                       1,027,293
<SECURITIES>                                         0
<RECEIVABLES>                                  251,713
<ALLOWANCES>                                    10,744
<INVENTORY>                                    342,391
<CURRENT-ASSETS>                             1,623,636
<PP&E>                                         143,760
<DEPRECIATION>                                 111,223
<TOTAL-ASSETS>                               1,846,485
<CURRENT-LIABILITIES>                           83,174
<BONDS>                                              0
                                0
                                         40
<COMMON>                                     1,617,617
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 1,763,011
<SALES>                                        937,508
<TOTAL-REVENUES>                               937,508
<CGS>                                          511,703
<TOTAL-COSTS>                                  511,703
<OTHER-EXPENSES>                               206,824
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              27,027
<INCOME-PRETAX>                                246,008
<INCOME-TAX>                                    82,050
<INCOME-CONTINUING>                            163,958
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   163,958
<EPS-PRIMARY>                                  .13
<EPS-DILUTED>                                  .09
        





 


</TABLE>


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