SCIENTIFIC MEASUREMENT SYSTEMS INC/TX
10QSB/A, 1998-08-07
MEASURING & CONTROLLING DEVICES, NEC
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<PAGE>
 
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
 
                                 FORM 10-QSB/A
 
(Mark One)
[X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
     OF 1934

FOR THE QUARTERLY PERIOD ENDED APRIL 30, 1998
                                      OR
 
[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
     EXCHANGE ACT OF 1934

        FOR THE TRANSITION PERIOD FROM . . . . . . . TO . . . . . . . 


FOR THE QUARTER ENDED APRIL 30, 1998              COMMISSION FILE NUMBER 0-14100
 
 
                     SCIENTIFIC MEASUREMENT SYSTEMS, INC.
              (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

                  TEXAS                                74-2048763
     (STATE OR OTHER JURISDICTION OF                (I.R.S. EMPLOYER
      INCORPORATION OR ORGANIZATION)               IDENTIFICATION NO.)
 
2210 DENTON DRIVE, SUITE 106 AUSTIN, TEXAS               78758
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)               (ZIP CODE)

 
      REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:  (512) 837-4712
 
 
     Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for the
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 [ ] 

     The number of shares outstanding of each of the registrant's classes of
common stock, as of the latest practical date:
                                                        SHARES OUTSTANDING AS OF
          TITLE OF CLASS                                     JUNE 12, 1998
          --------------                                     -------------
 
$0.05 Par Value Common Stock                                  21,114,468


Transitional Small Business Disclosure Format (check one):  Yes [ ]  No [X]

================================================================================
<PAGE>

This Amendment to  Scientific Measurement Systems, Inc.'s Form 10-QSB for the 
quarter ended April 30, 1998 is filed to include Exhibit 27.

                                       2

<PAGE>
 
                     SCIENTIFIC MEASUREMENT SYSTEMS, INC.
- --------------------------------------------------------------------------------



                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                         SCIENTIFIC MEASUREMENT SYSTEMS, INC.



                         By: /s/ HOWARD L. BURRIS
                             ---------------------------------------------------
                             Howard L. Burris, President and Acting Chief 
                             Financial Officer


August 5, 1998



- --------------------------------------------------------------------------------

                                       3

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUL-31-1998
<PERIOD-START>                             FEB-01-1998
<PERIOD-END>                               APR-30-1998
<CASH>                                              24
<SECURITIES>                                         0
<RECEIVABLES>                                      434
<ALLOWANCES>                                         0
<INVENTORY>                                        173
<CURRENT-ASSETS>                                 1,578
<PP&E>                                           1,291
<DEPRECIATION>                                   1,223
<TOTAL-ASSETS>                                   2,015
<CURRENT-LIABILITIES>                            2,171
<BONDS>                                              0
                                0
                                          0
<COMMON>                                         1,056
<OTHER-SE>                                       9,229
<TOTAL-LIABILITY-AND-EQUITY>                     2,015
<SALES>                                          2,923
<TOTAL-REVENUES>                                 2,923
<CGS>                                            2,156
<TOTAL-COSTS>                                    3,204
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  71
<INCOME-PRETAX>                                   (352)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                               (352)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (352)
<EPS-PRIMARY>                                    (0.02)
<EPS-DILUTED>                                    (0.02)
        

</TABLE>


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