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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
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$0.05 Par Value Common Stock 21,114,468
Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]
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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
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SCIENTIFIC MEASUREMENT SYSTEMS, INC.
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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
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Howard L. Burris, President and Acting Chief
Financial Officer
August 5, 1998
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3
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<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>