EX-99.4 6 ex99-4.txt EXHIBIT 99.4 EXHIBIT 99.4 UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA ALEXANDRIA DIVISION In Re: NxNetworks, Inc. Chapter 11 Debtor(s) Case Number: 01-14233 -------------- MONTHLY OPERATING REPORT CALENDAR MONTH JULY 1, 2002 TO JULY 31, 2002 ----------------------------- FINANCIAL BACKGROUND INFORMATION 1. ACCOUNTING BASIS: Cash Accrual X ----- ----- 2. PREPARER: State the name, address, telephone number and position of the person(s) who actually compiled the information contained in this report. Location: NxNetworks, Inc. 13595 Dulles Technology Drive, Herndon, VA 20171; Greg Washenko (CFO) 703-793-2059 and Jennifer Bell (Controller) 703-793-2076 3. NUMBER OF EMPLOYEES paid during this period: 2 --- 4. Have there been any CHANGES IN THE NATURE OF YOUR BUSINESS since the last reporting period? Yes / / No /X/. If yes, explain below: 5. Are all BUSINESS LICENSES current? Yes /X/ No / / Not Applicable / / 6. PRE-PETITION ACCOUNTS RECEIVABLE: Beginning Balance $0 Collected this Period $ Write-offs against allowance Sale of asset $0 Ending Balance $0 7. POST-PETITION ACCOUNTS RECEIVABLE: 0-30 Days: $0 31-60 Days: $0 Over 61-90: $0 Days over 90: $0 --- --- --- --- If there are any post-petition Accounts Receivable over 60 days, provide schedule AR giving a listing of such accounts and explain the delinquencies. 8. POST-PETITION ACCOUNTS PAYABLE: 0-30 Days: $81,764.87 31-60 Days: $9,288.98 Over 60 Days: $21,881.40 ---------- --------- ---------- If there are any post-petition Accounts Payable over 30 days, provide Schedule AP giving a listing of such accounts and explain the delinquencies. 9. TAXES. Are all taxes being paid to the proper taxing authorities when due? Yes /X/ No / / -- Payroll tax is current but sales, property and business taxes are overdue. On the attached IRS Form 6123 report all tax deposits made with any financial institution for federal employment taxes. Be sure the form is complete and signed by an authorized employee of the receiving institution or taxing authority. Attach to this report a completed Form 6123 for each deposit made during the reporting period. Also attach copies of the monthly sales tax report, payroll tax report and unemployment tax report with evidence of payment of both federal and state taxes. 10. ESCROW ACCOUNTS. Are you utilizing your tax account only for deposits and payment of payroll and sales taxes? Yes /X/ No / /. If no, explain: -------- 11. Are all BOOKS AND RECORDS of the debtor(s) being maintained monthly and are all current? Yes /X/ No / / Explain: 12. INSURANCE EXPIRATION STATEMENT. Policy expiration dates are: Auto & Truck 4/01/02 Liability 4/01/02 ------- ------- Fire Workers Comp. 4/01/02 ----------- -------- 13. ACTIONS OF DEBTOR. During the last month, did the debtor: (A) Fail to defend or not oppose any action seeking to dispossess the debtor from control or custody of any asset of the estate? Yes / / No / / Explain: ___________________________________________ (B) Maintain such stock, inventory, raw materials, insurance, employees and other resources as are necessary to preserve and maintain the going-concern value of the assets of the debtor? Yes /X/ No / / Explain: _____________________________________________________________ 14. TRANSFER OR SALE OF PROPERTY. Did the debtor or any person with control over any of the debtor's assets transfer, convey or abandon any of the debtor's assets to another party during the period of this report other than as set forth herein (including sales by creditors)? Yes /X/ No / / Explain: On March 6, 2002, the US Bankruptcy Court for the Eastern District of Virginia issued an order in which it approved the sale of substantially all of Nx Networks' assets to NSGData.com pursuant to section 363 of the US Bankruptcy code. 15. PAYMENTS TO SECURED CREDITORS during reporting period: (Attach additional sheets, if necessary.) -------------------------------------------------------------------------------- Creditor Freq. Of Payments per Amount Next Post Petition Contract (mo, qtr) of Each Payment Pmts. not made Payment Due No. Amt. -------------------------------------------------------------------------------- None -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 16. PAYMENTS TO PROFESSIONALS (Attorneys, Accountants, Real Estate Agents, Auctioneers, Appraisers, etc., during reporting period: (Attach additional sheets, if necessary.) ----------------------------------------------------------------------- Professional Service Amount ----------------------------------------------------------------------- Richard Yalen CEO $1,000.00 ----------------------------------------------------------------------- ----------------------------------------------------------------------- ----------------------------------------------------------------------- 17. QUARTERLY U.S. TRUSTEE FEES paid during reporting period: $3,750.00 --------- 18. VERIFICATION: I declare under penalty of perjury that the information contained in this monthly operating report (including attached schedules) is true and correct to the best of my knowledge, information and belief. Dated: 8/16/02 DEBTOR-IN-POSSESSION Name/Title: Rich Yalen By: ---------------------------- --------------------------------- Address: 13595 Dulles Technology Drive ----------------------------- Herndon, VA 20171 Phone: ----------------------------- ----------------------------- UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA ALEXANDRIA DIVISION In Re: Chapter 11 Debtor(s) Case Number: ______________ MONTHLY OPERATING REPORT INCOME STATEMENT (BUSINESS DEBTOR, ACCRUAL BASIS) CALENDAR MONTH JULY 1 TO JULY 31, 2002 (All figures refer to post-petition transactions) THIS MONTH YEAR TO DATE (A) TOTAL SALES/INCOME (A) __________ ____________ SEE ATTACHED COST OF SALES Beginning Inventory __________ ____________ Purchases of Inventory __________ ____________ Less Ending Inventory (________) (__________) Direct Labor (Gross Salaries) __________ ____________ Purchased Services __________ ____________ (B) TOTAL COST OF SALES (B) __________ ____________ (C) GROSS PROFIT (C = A - B) __________ ____________ OPERATING EXPENSES Officer Salaries (Gross) __________ ____________ Other Employee Salaries (Gross) __________ ____________ Taxes (Payroll: Employer's Share) __________ ____________ Employee Benefits (Insurance, Pension Plan, etc. Employer's Share) Advertising __________ ____________ Bad Debts __________ ____________ Depreciation and Amortization __________ ____________ Entertainment __________ ____________ Insurance (Real Estate) __________ ____________ Insurance (Other) __________ ____________ Interest (Mortgage, Loans, etc.) __________ ____________ Leases (other than Rent) __________ ____________ Outside Services & Contractors __________ ____________ Professional Fees (Attorney, Accountant) __________ ____________ Rent and leases __________ ____________ Repairs & Maintenance __________ ____________ Supplies __________ ____________ Taxes (Real Property) __________ ____________ Taxes (Other) __________ ____________ Telephone __________ ____________ Travel __________ ____________ Utilities __________ ____________ U.S. Trustee Quarterly Fee __________ ____________ CASE NUMBER: ________________ PERIOD ENDED: ___________ INCOME STATEMENT PAGE 2 THIS MONTH YEAR TO DATE OTHER OPERATING EXPENSES _____________________________________ __________ ____________ _____________________________________ __________ ____________ _____________________________________ __________ ____________ _____________________________________ __________ ____________ (D)TOTAL OPERATING EXPENSES (D) __________ ____________ (E) PROFIT/LOSS FROM OPERATIONS (E=C-D) __________ ____________ OTHER INCOME (EXPENSES) __________ ____________ Interest Income __________ ____________ Interest Exp (________) (__________) _____________________________________ __________ ____________ _____________________________________ __________ ____________ _____________________________________ __________ ____________ _____________________________________ __________ ____________ EXTRAORDINARY ITEMS- In (Out) _____________________________________ __________ ____________ _____________________________________ __________ ____________ _____________________________________ __________ ____________ _____________________________________ __________ ____________ (F) TOTAL OTHER INCOME/EXPENSE & EXTRAORDINARY ITEMS (F) __________ ____________ (G) INCOME BEFORE TAXES (G = E+F) __________ ____________ (H) INCOME TAX EXPENSE (H) __________ ____________ (I) NET INCOME (LOSS)(I = G - H) __________ ____________ NOTE: Accrual basis reporters must attach CASH RECONCILIATION REPORTS or a standard Statement of Sources and Uses of Cash to this Report. In Re: _____________________________ Case Number _____________________ CASH RECONCILIATION REPORT (BUSINESS DEBTOR, ACCRUAL BASIS) CALENDAR MONTH ENDING JULY 31, 2002 (All figures refer to post-petition transactions) OPERATING TOTALS ACCOUNT (A) BEGINNING CASH BALANCE (A) _________ SEE ATTACHED (B) NET INCOME, (LINE (I), PAGE 23) (B) _________ _________ Add Expenses Not Requiring Cash: Depreciation _________ ___________________________ _________ ___________________________ _________ (C) SUB-TOTAL (C) _________ _________ (D) CASH FROM OPERATIONS (D = B + C) _________ _________ OTHER SOURCES (USES) OF CASH: SOURCES (USES) Decrease (Incr) - Accounts Receivable _________ Decrease (Incr) - Inventory _________ Decrease (Incr) - Equipment _________ Decrease (Incr) - Furniture & Fixtures _________ Decrease (Incr) - _________________ _________ Decrease (Incr) - _________________ _________ Increase (Decr) - Accounts Payable _________ Increase (Decr) - Accrued Interest _________ Increase (Decr) - Accrued P/R Taxes _________ Increase (Decr) - Accrued Prof. Fees _________ Increase (Decr) - Accrued Rent _________ Increase (Decr) - Accrued Salaries _________ Increase (Decr) - Accrued Sales Taxes _________ Increase (Decr) - Notes Payable -Banks _________ Increase (Decr) - Notes Payable -Other _________ Increase (Decr) - ____________________ _________ Increase (Decr) - ____________________ _________ (Less) Unrecorded bank service charges _________ (E) TOTAL OTHER SOURCES (USES) OF CASH (E) (F) ENDING CASH BALANCE (F = A+D+E) _________ _________ (G) BALANCE PER BANK STATEMENT* (G) _________ (H) LESS OUTSTANDING CHECKS (H) _________ (I) ADD DEPOSITS IN TRANSIT (I) _________ (J) RECONCILED BANK BALANCE {J=(G-H)+I} _________ Ending Cash Balance(F) and Reconciled Bank Balance(J) should equal. ------------------------------------------------------------------- In Re: _____________________________ Case Number _____________________ CASH RECONCILIATION REPORT PAYROLL AND TAX ACCOUNTS (BUSINESS DEBTOR, ACCRUAL BASIS) CALENDAR MONTH ENDING _____________ (All figures refer to post-petition transactions) PAYROLL TAX ACCOUNT ACCOUNT (A) BEGINNING CASH BALANCE (A) ___________ __________ CASH RECEIPTS: Transfers from Operating Account ___________ __________ Transfers from Payroll Account ___________ Other - ________________________ ___________ __________ ________________________________ (B) TOTAL CASH RECEIPTS (B) ___________ __________ (C) CASH AVAILABLE (C = A + B) ___________ __________ CASH DISBURSEMENTS: Gross Payroll for this period $ ___________ Employee Benefits paid ___________ Net Payroll Paid ___________ Transfers to Tax Account ___________ Taxes deposited or paid during period Employees' share of FICA Tax ___________ __________ Employer's share of FICA Tax ___________ __________ Employees' Federal Income Tax ___________ __________ Employees' State Income Tax ___________ __________ Unemployment Tax ___________ __________ Unrecorded Bank Service Charges ___________ __________ Other: _________________ ___________ __________ (D) TOTAL DISBURSEMENTS (D) ___________ __________ (E) ENDING CASH BALANCE (E = C-D) ___________ __________ (F) BALANCE PER BANK STATEMENT(S)* (F) ___________ __________ (G) LESS OUTSTANDING CHECKS (G) ___________ __________ (H) ADD DEPOSITS IN TRANSIT (H) ___________ __________ (I) RECONCILED BANK BALANCE {I =(F-G)+H} ___________ __________ Ending Cash Balance(E) and Reconciled Bank Balance(I) should equal. ------------------------------------------------------------------- In Re: _____________________________ Case Number _____________________ BALANCE SHEET AS OF __________________ CURRENT ASSETS Cash $__________ SEE ATTACHED Pre-Petition Accounts Receivable __________ Post-Petition Accounts Receivable __________ Receivable from Officers, Employees, Affiliates __________ Notes Receivable __________ Inventory __________ Other Current Assets: ___________________________ __________ ___________________________ __________ TOTAL CURRENT ASSETS __________ FIXED ASSETS Land __________ Buildings __________ Equipment, Furniture & Fixtures __________ less Accumulated Depreciation (________) TOTAL FIXED ASSETS __________ OTHER ASSETS ________________________________ __________ ________________________________ __________ ________________________________ __________ TOTAL OTHER ASSETS __________ TOTAL ASSETS __________ POST-PETITION LIABILITIES Accounts Payable __________ Notes Payable __________ Rents and Leases Payable __________ Taxes Payable __________ Accrued Interest __________ _______________________________ __________ TOTAL-POST PETITION LIABILITIES __________ PRE-PETITION LIABILITIES Priority Claims __________ Secured Debts __________ Unsecured Debt __________ TOTAL PRE-PETITION LIABILITIES __________ __________ OWNERS EQUITY (DEFICIT) Capital Stock or Owners Investment __________ Paid In Capital Surplus __________ Retained Earnings (Deficit) Pre -Petition __________ Post-Petition __________ TOTAL OWNERS EQUITY __________ TOTAL LIABILITIES AND OWNER'S EQUITY __________ UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA ALEXANDRIA DIVISION In Re: ) ) Chapter 11 ) Case Number: 01-14223 ) ---------- Debtor(s) ) ------------------------------------ CASH DISBURSEMENTS SUMMARY REPORT Calendar Month Ending July 31, 2002 Total Disbursements from Operating Account (See Note 1) $16,001.35 ----------- Total Disbursements from Payroll Account (See Note 2) $10,215.20 ---------- *One tax payment made from this account Total Disbursements from Tax Escrow Account (See Note 3) $2,705.52 --------- Total Disbursements from any other Account (See Note 4) 0 ---------- Grand Total Disbursements from all Accounts $28,922.07 ---------- NOTE 1 --Include in this amount all checks written, wire transfers made from, or any other withdrawal from the GENERAL OPERATING ACCOUNT. Exclude only transfers to the debtor-in-possession payroll account, the debtor in possession tax escrow account or other debtor in possession account where the disbursements will be listed on this report. NOTE 2 --Include in this amount all checks written, wire transfers made from, or any other withdrawal from the PAYROLL ACCOUNT. Exclude only transfers to the debtor-in-possession operating account, the debtor in possession tax escrow account or other debtor-in-possession account where the disbursements will be listed on this report. NOTE 3 --Include in this amount all checks written, wire transfers made from, or any other withdrawal from the TAX ESCROW ACCOUNT. Exclude only transfers to the debtor-in-possession operating account, the debtor in possession payroll account or other debtor in possession account where the disbursements will be listed on this report. NOTE 4 -- Include in this amount any other disbursements made by the debtor including (but not limited to) cash PAID FROM A PETTY CASH FUND OR CASH REGISTER, amounts paid from any other debtor in possession account, and amounts PAID FROM THE ACCOUNTS OF OTHERS ON THE DEBTORS BEHALF (for example, disbursements made from a law firm's escrow account as a result of a sale of property.) ATTACH A COPY OF THE MOST RECENT MONTHLY BANK STATEMENT FOR EACH DEBTOR-IN-POSSESSION ACCOUNT. (THE PAGE OF THE STATEMENT SHOWING BANK, ACCOUNT NUMBER AND BEGINNING AND ENDING BALANCE IS SUFFICIENT.) In Re: _____________________________ Case Number _____________________ ACCOUNTS RECEIVABLE AS OF APRIL 30, 2002 TOTAL DATE PAST DUE PAST DUE CREDITOR DUE INCURRED (31-60 DAYS) (OVER 60 DAYS) NONE TOTALS THIS PAGE _______ ___________ __________ TOTALS ALL PAGES _______ ___________ __________ In Re: _____________________________ Case Number _____________________ ACCOUNTS PAYABLE AS OF __________________ TOTAL DATE PAST DUE PAST DUE CREDITOR DUE INCURRED (31-60 DAYS) (OVER 60 DAYS) SEE ATTACHED TOTALS THIS PAGE _________ __________ ___________ TOTALS ALL PAGES _________ __________ ___________ UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA ALEXANDRIA DIVISION In Re: Chapter 11 Case Number _________ Debtor(s) MONTHLY OPERATING REPORT INCOME STATEMENT (BUSINESS DEBTOR, CASH BASIS) CALENDAR MONTH TO -------- ---------- (All figures refer to post-petition transactions) THIS MONTH YEAR TO DATE (A) TOTAL SALES/INCOME (A) ______________ _____________ COST OF SALES Purchases of Inventory ______________ _____________ Purchased Services ______________ _____________ _______________________ ______________ _____________ _______________________ ______________ _____________ (B) TOTAL COST OF SALES (B) ______________ _____________ (C) GROSS PROFIT (C = A - B) ______________ _____________ OPERATING EXPENSES Officer Salaries (Gross) ______________ _____________ Other Employee Salaries (Gross) ______________ _____________ Taxes (Payroll: Employer's Share) ______________ _____________ Employee Benefits (Insurance, Pension Plan, etc. Employer's Share) ______________ _____________ Advertising ______________ _____________ Automobile Expenses ______________ _____________ Entertainment ______________ _____________ Insurance (Real Estate) ______________ _____________ Insurance (Other) ______________ _____________ Interest ______________ _____________ Leases (other than Rent) ______________ _____________ Outside Services & Contractors ______________ _____________ Professional Fees (Attorney, Accountant) ______________ _____________ Rent ______________ _____________ Repairs & Maintenance ______________ _____________ Supplies ______________ _____________ Taxes (Real Property) ______________ _____________ Taxes (Other) ______________ _____________ Telephone ______________ _____________ Travel ______________ _____________ Utilities ______________ _____________ U.S. Trustee Quarterly Fee ______________ _____________ THIS MONTH YEAR TO DATE OTHER OPERATING EXPENSES __________________________________ ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ (D) TOTAL OPERATING EXPENSES (D) ______________ _____________ (E) PROFIT/LOSS FROM OPERATIONS (E=C-D) ______________ _____________ OTHER INCOME (EXPENSES) Interest __________________________________ ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ (F) TOTAL OTHER INCOME/EXPENSE (F) ______________ _____________ (G) INCOME BEFORE TAXES (G=E+F) ______________ _____________ (H) INCOME TAX EXPENSE (H) ______________ _____________ (I) NET INCOME (LOSS) (I = G-H) ______________ _____________ EXTRAORDINARY ITEMS Loans Received ______________ _____________ Note Principal (Paid) ______________ _____________ Capital (Purchases) ______________ _____________ (Less) Unrecorded Bank Svc. Chg. ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ __________________________________ ______________ _____________ (J) TOTAL EXTRAORDINARY ITEMS (J) ______________ _____________ (K) CASH FORWARD FROM PRIOR PERIOD (K) ______________ _____________ (L) ENDING CASH BALANCE (L = I+J+K) ______________ _____________ (M) BALANCE PER BANK STATEMENT(S)* (M) ______________ _____________ (N) LESS OUTSTANDING CHECKS (N) ______________ _____________ (O) ADD DEPOSITS IN TRANSIT (O) ______________ _____________ (P) RECONCILED BANK BALANCE {P=(M-N)+O} ______________ _____________ Ending Cash Balance(L) and Reconciled Bank Balance(P) should equal. ------------------------------------------------------------------- UNITED STATES BANKRUPTCY COURT FOR THE EASTERN DISTRICT OF VIRGINIA ALEXANDRIA DIVISION In Re: ) Chapter 11 ) ) Case Number __________ Debtor(s) ) ---------------------------------- MONTHLY OPERATING REPORT INCOME STATEMENT (NON-BUSINESS DEBTOR, CASH BASIS) CALENDAR MONTH TO ---------- ----------- (All figures refer to post-petition transactions) THIS MONTH INCOME Salary, Wages, etc. ___________ Interest, dividends, investments ___________ Business income(Rents, Royalties, Sale of Assets, etc.) ___________ Other: ________________________ ___________ (A) TOTAL INCOME (A) ___________ EXPENSES Automobile Car payment ___________ Insurance ___________ Other ___________ Housing Mortgage payment ___________ Insurance ___________ Real estate tax ___________ Rent ___________ Utilities ___________ Insurance (Other) ___________ Interest ___________ Medical ___________ Personal Living Expenses ___________ Professional Fees (Attorney, Acct.,etc) ___________ Taxes (Other) ___________ _________________________________________ _________________________________________ (B) TOTAL EXPENSES (B) ___________ (C) CASH FLOW (C = A-B) ___________ (D) CASH FORWARD FROM PRIOR PERIOD (D) ___________ (E) ENDING CASH BALANCE (E = D+C) ___________ (F) BALANCE PER BANK STATEMENT(S)* (F) ___________ (G) LESS OUTSTANDING CHECKS (G) ___________ (H) ADD DEPOSITS IN TRANSIT (H) ___________ (I) RECONCILED BANK BALANCE {I=(F-G)+H} ___________ Ending Cash Balance(E) and Reconciled Bank Balance(I) should equal. ------------------------------------------------------------------- NX NETWORKS, INC. CONDENSED CONSOLIDATED BALANCE SHEET - UNAUDITED AS OF JULY 31, 2002 ASSETS ------ JULY CURRENT ASSETS Cash and cash equivalents 2,790,751 Prepaids 88,302 Note Receivable Other Receivable 1,341 ------------ Total Current Assets 2,880,394 Other Assets Deposits 15,493 ------------ TOTAL ASSETS 2,895,886 ============ LIABILITIES & STOCKHOLDER'S EQUITY ---------------------------------- POST-PETITION LIABILITIES: Accounts Payable 112,935 Accrued Accounts Payable 290,455 Accrued liability for sub liquidation 338,031 Deferred Revenue -- Taxes Payable 2,047 ------------ Total Post-Petition Liabilities 743,468 PRE-PETITION LIABILITIES: Priority Claims 528,076 Secured Claims 558,735 Unsecured Claims 13,088,400 General pre-petition accruals 4,526,696 Total Pre-Petition Liabilities 18,701,908 ------------ TOTAL LIABILITIES 19,445,376 ============ STOCKHOLDERS' EQUITY: Common Stock 2,430,230 Preferred Stock 7,025,008 APIC, net of filing fees 283,967,334 Deferred Compensation (2,347,751) Accumulated (deficit)/income - Pre-petition (291,148,351) Accumulated (deficit)/income-Post-petition PY (18,977,497) Accumulated (deficit)/income-Post-petition CY (2,688,300) Warrants 6,322,333 Notes Receivable from officer (1,000,000) Cumulative Translation Adj (132,495) Total Stockholders' equity (16,549,490) ------------ TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 2,895,886 ============ NX NETWORKS, INC. MONTHLY OPERATING REPORT - UNAUDITED INCOME STATEMENT (BUSINESS DEBTOR, ACCRUAL BASIS) CALENDAR MONTH JULY 1 TO JULY 31, 2002

NX NETWORKS, INC. CASH FLOW STATEMENT (SOURCES (USES) OF CASH) - UNAUDITED PAYROLL AND TAX ACCOUNTS (BUSINESS DEBTOR, ACCRUAL BASIS) CALENDAR MONTH ENDING JULY 31, 2002 All figures refer to post-petition transactions Net Income/(loss) (180,174) Add expenses not requiring Cash: Loss on sale of assets -- Depreciation -- Goodwill amortization -- --------- Other Sources (Uses) Cash: Accounts receivable Inventories Other current assets 20,822 Deposits 310,028 Note Receivable -- Other Receivable 0 Goodwill Accounts payable 74,332 Deferred revenue Accrued liabilities 40,615 --------- total other souces (uses) of cash 445,797 Net decrease in cash and cash equivalents 265,623 Cash beginning 2,525,128 --------- Cash ending 2,790,751 NX NETWORKS, INC. AGED POST PETITION ACCOUNTS RECEIVABLE CALENDAR MONTH JULY 1 TO JULY 31, 2002 CUSTOMER NAME 0-30 31-60 60-90 90+ TOTAL 0 0 0 0 0 ===================================================== NX NETWORKS, INC. AGED POST PETITION ACCOUNTS PAYABLE CALENDAR MONTH JULY 1 TO JULY 31, 2002

NX NETWORKS INC 8-K