RENTRAK CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
LIABILITIES AND STOCKHOLDERS' EQUITY
	(UNAUDITED)
	December 31,		March 31,
	2003		2003(1)
CURRENT LIABILITIES:
Accounts payable	$      11,266,909		$      12,710,999
Accrued liabilities	772,276		1,143,785
Accrued compensation	523,501		610,022
Deferred revenue	316,956		156,692
Current liabilities of discontinued operations	-		-
Total current liabilities	12,879,642		14,621,498
LONG-TERM LIABILITIES:
Lease obligations, deferred gain and
customer deposits	349,735		668,039
Total long-term liabilities	349,735		668,039
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.001 par value;
Authorized:  10,000,000 shares, none issued	-		-
Common stock,  $.001 par value;
Authorized:  30,000,000 shares
Issued and outstanding: 9,700,020 shares
at December 31, 2003 and 9,471,612 at
March 31, 2003	9,700		9,472
Capital in excess of par value	40,838,794		39,655,212
Notes receivable	-		-
Accumulated other comprehensive income	180,879		180,879
Accumulated deficit	(24,883,068)		(24,408,667)
Less - Deferred charge - warrants	-		-
	16,146,305		15,436,896
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$      29,375,682		$      30,726,433
(1) Derived from Rentrak's audited consolidated financial statement as of March 31, 2003
The accompanying notes are an integral
part of these consolidated balance sheets.