<PAGE>
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 March 31, 1996
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15 (d) OF THE EXCHANGE ACT
For the transition period from ____________ to _____________
Commission file number 0-26998
ALCOHOL SENSORS INTERNATIONAL, LTD.
(Exact name of small business issuer as specified in its charter)
New York 11-310 4480
(State or other jurisdiction of (IRS Employer identification No.)
incorporation or organization)
11 Oval Drive, Islandia, New York 11722
(Address of principal executive offices)
516-342-1515
(Issuer's telephone number)
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
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 such
shorter period that the registrant was required to file such report (s), and
(2) has been subject to such filing requirements for the past 90 days.
Yes [ X ] No [ ]
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required
to be filed by Section 12, 13 or 15 (d) of the Exchange Act after the
distribution of securities under a plan confirmed by a court. Yes [ ] No [ X ]
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date:
Common Stock, $.001 par value - 8,419,470 shares outstanding as of
May 10, 1996.
Transitional Small Business Disclosure Format: Yes ____ No X
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EXHIBIT
NO. EXHIBIT INDEX
- ------- -------------
27 ARTICLE 5 FINANCIAL DATA SCHEDULE
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET (UNAUDITED) AND THE OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 1996
(UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 1,190,743
<SECURITIES> 1,496,826
<RECEIVABLES> 160,821
<ALLOWANCES> 0
<INVENTORY> 560,378
<CURRENT-ASSETS> 2,620,369
<PP&E> 408,674
<DEPRECIATION> 23,774
<TOTAL-ASSETS> 4,045,670
<CURRENT-LIABILITIES> 2,023,564
<BONDS> 417,317
0
0
<COMMON> 8,120
<OTHER-SE> 2,013,986
<TOTAL-LIABILITY-AND-EQUITY> 4,045,670
<SALES> 161,952
<TOTAL-REVENUES> 161,952
<CGS> 100,402
<TOTAL-COSTS> 100,402
<OTHER-EXPENSES> 717,111
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 8,996
<INCOME-PRETAX> (655,561)
<INCOME-TAX> 0
<INCOME-CONTINUING> (628,560)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (628,560)
<EPS-PRIMARY> (.07)
<EPS-DILUTED> (.07)
</TABLE>
