RENTRAK CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
March 31, March 31,
2004 2003
LIABILITIES AND STOCKHOLDERS' EQUITY (restated)
CURRENT LIABILITIES:
     Accounts payable  $      15,446,818  $      12,800,736
     Accrued liabilities 889,377 1,205,893
     Accrued compensation 598,875 610,022
     Deferred revenue 237,575 156,692
          Total current liabilities 17,172,645 14,773,343
LONG-TERM LIABILITIES:
     Lease obligations, deferred gain and
        customer deposits                234,922                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: 9,739,537 shares
         at March 31, 2004 and 9,471,612 at
         March 31, 2003 9,740 9,472
     Capital in excess of par value 41,093,976 39,655,212
     Accumulated other comprehensive income                180,879                180,879
     Accumulated deficit (22,488,923) (23,798,667)
18,795,672 16,046,896
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY  $      36,203,239  $      31,488,278