Case KJC Doc 161 Filed 08/14/15 Page 1 of 24

Transcription

1 Case KJC Doc 161 Filed 08/14/15 Page 1 of 24

2 Case KJC Doc 161 Filed 08/14/15 Page 2 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS Amounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH - ACTUAL" column must equal the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1). Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON'T)] BANK ACCOUNTS CURRENT MONTH CUMULATIVE FILING TO DATE DIP ACTUAL PROJECTED ACTUAL PROJECTED Beginning cash $ 215, $ 215, $ 309,743 $ 14, $ 314,503 RECEIPTS CASH SALES ACCOUNTS RECEIVABLE 5, , ,050 12, ,009 LOANS AND ADVANCES 89, , ,000 1,008,000 SALE OF ASSETS OTHER (ATTACH LIST) , TRANSFERS (FROM DIP ACCTS) , TOTAL RECEIPTS $ 94, $ - $ 94, $ 62,050 $ 780, $ 1,081,009 DISBURSEMENTS NET PAYROLL 85, , , , ,918 PAYROLL TAXES 44, , , , ,013 SALES, USE, & OTHER TAXES INVENTORY PURCHASES SECURED/ RENTAL/ LEASES ,000 9, ,000 INSURANCE 11, , ,159 72, ,467 ADMINISTRATIVE 42, , ,036 61, ,597 SELLING 1, , ,000 89, ,000 OTHER (ATTACH LIST) ,000 7, ,268 OWNER DRAW * TRANSFERS (TO DIP ACCTS) , PROFESSIONAL FEES ,000-1,142,500 U.S. TRUSTEE QUARTERLY FEES COURT COSTS TOTAL DISBURSEMENTS $ 184, $ - $ - $ - $ 184, $ 645,957 $ 670, $ 2,372,088 NET CASH FLOW (90,136.54) (90,136.54) (583,907) 110, (1,291,079) (RECEIPTS LESS DISBURSEMENTS) CASH - END OF MONTH $ 125, $ - $ - $ - $ 125, $ (274,164) $ 125, $ (976,576) * COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE - THE FOLLOWING SECTION MUST BE COMPLETED DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN) TOTAL DISBURSEMENTS LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES $ $ $ 184, , MOR (04/07)

3 Case KJC Doc 161 Filed 08/14/15 Page 3 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 BANK RECONCILIATIONS Continuation Sheet for MOR-1 A bank reconciliation must be included for each bank account. The debtor's bank reconciliation may be substituted for this page. Operating Payroll Old Operating Other Eagle Bank DIP BALANCE PER BOOKS 125, BANK BALANCE 126, (+) DEPOSITS IN TRANSIT (ATTACH LIST) (-) OUTSTANDING CHECKS (ATTACH LIST) - OTHER (ATTACH EXPLANATION) ADJUSTED BANK BALANCE * 125, * Adjusted bank balance must equal balance per books DEPOSITS IN TRANSIT Date Amount Date Amount Date Amount Date Amount CHECKS OUTSTANDING Ck. # Amount Ch. # Amount Ck. # Amount Ck. # Amount 206 $ $ 150 OTHER MOR (04/07)

4 Case KJC Doc 161 Filed 08/14/15 Page 4 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID This schedule is to include all retained professional payments from case inception to current month. None Payee Period Covered Amount Approved Amount Paid Year-To-Date Payor Fees Expenses Fees Expenses MOR (04/07)

5 Case KJC Doc 161 Filed 08/14/15 Page 5 of Woodmont Avenue, Bethesda, MD Telelbank COMPRESSUS, INC DEBTOR IN POSSESSION CASE NO KJC 101 CONSTITUTION AVE, NW, STE 800 WASHINGTON DC Last statement: May 31, 2015 This statement: June 30, 2015 Total days in statement period: 30 Page 1 ( 9) Direct inquiries to: EagleBank 7815 Woodmont Ave Bethesda MD HOW ARE YOU PROTECTING YOUR BUSINESS ACCOUNTS FROM PAYMENTS FRAUD? CONTACT US FOR HELP AND MORE INFORMATION---NO FEE FOR FIRST MONTH WHEN YOU ENROLL IN ANY OF OUR FRAUD PROTECTION SERVICES BY JUNE 30, Small Business Checking Account number Enclosures 9 Low balance $126, Average balance $201, Avg collected balance $199,140 Beginning balance $215, Total additions 96, Total subtractions 185, Ending balance $126, CHECKS Number Date Amount , , , Number Date Amount * * Skip in check sequence DEBITS Date Description Subtractions ' Beb Dom Wire Xfer 1,750 OUTGOING WIRE BNF ALBERT HERNANDEZ;REF ;WIRE/OUT ' Beb Dom Wire Xfer 1, OUTGOING WIRE BNF MERCHANTS COMMERCIAL BANK;REF ;W IRE/OUT LFS201-B NOTICE: SEE REVERSE SIDE FOR IMPORTANT INFORMATION

6 Case KJC Doc 161 Filed 08/14/15 Page 6 of 24 COMPRESSUS, INC Page 2 June 30, 2015 Date Description Subtractions ' Preauthorized Wd MBI SETL ' Preauthorized Wd MBI SETL ' Preauthorized Wd 4.99 MBI SETL ' Preauthorized Wd BIB BILLING EXECUB FEE ' Preauthorized Wd 3.42 MBI SETL ' Preauthorized Wd MBI SETL ' Beb Dom Wire Xfer 8, OUTGOING WIRE BNF ORANGE COUNTY ONLINE;REF ;WIRE/O UT ' Preauthorized Wd 5 MBI SETL ' Preauthorized Wd MBI SETL ' Preauthorized Wd 1,231 PRIMEPAY INVOICE INVOICE ' Preauthorized Wd 2.30 MBI SETL ' Beb Dom Wire Xfer 45, OUTGOING WIRE BNF ADP PAYROLL DEPOSIT CUSTODIAL AC CT;REF ;WIRE/OUT ' Beb Dom Wire Xfer 24, OUTGOING WIRE BNF PAYROLL DEPOSIT CUSTODIAL ACCOUN T;REF ;WIRE/OUT ' Preauthorized Wd MBI SETL ' Preauthorized Wd MBI SETL ' Preauthorized Wd MBI SETL

7 Case KJC Doc 161 Filed 08/14/15 Page 7 of 24 COMPRESSUS, INC Page 3 June 30, 2015 Date Description Subtractions ' Preauthorized Wd MBI SETL ' Preauthorized Wd MBI SETL ' Beb Dom Wire Xfer 10,500 OUTGOING WIRE BNF THE MARBURY LAW GROUP, PLLC;REF ;WIRE/OUT ' Beb Dom Wire Xfer 1,690 OUTGOING WIRE BNF LASZLO R. GASZTONYI;REF ;WIRE/OU T ' Beb Dom Wire Xfer 1,109 OUTGOING WIRE BNF JIM WAY;REF ;WIRE/OUT ' Beb Dom Wire Xfer 500 OUTGOING WIRE BNF GREGG COHEN;REF ;WIRE/OUT ' Beb Dom Wire Xfer 475 OUTGOING WIRE BNF LASZLO R. GASZTONYI;REF ;WIRE/OU T ' Preauthorized Wd Public Storage I RENTAL ' Preauthorized Wd 645 MBI SETL ' Preauthorized Wd 75 MBI SETL ' Preauthorized Wd MBI SETL ' Preauthorized Wd MBI SETL ' Preauthorized Wd 1, ACHIVR VISB BILL PYMNT ' Preauthorized Wd 1, ACHIVR VISB BILL PYMNT ' Preauthorized Wd 1, ACHIVR VISB BILL PYMNT ' Beb Dom Wire Xfer 39, OUTGOING WIRE BNF ADP PAYROLL DEPOSIT CUSTODIAL AC CT;REF ;WIRE/OUT

8 Case KJC Doc 161 Filed 08/14/15 Page 8 of 24 COMPRESSUS, INC Page 4 June 30, 2015 Date Description Subtractions ' Beb Dom Wire Xfer 20, OUTGOING WIRE BNF PAYROLL DEPOSIT CUSTODIAL ACCOUN T;REF ;WIRE/OUT ' Preauthorized Wd MBI SETL ' Beb Dom Wire Xfer 4,200 OUTGOING WIRE BNF ALLIANCE EXECUTIVE SEARCH, INC.; REF ;WIRE/OUT ' Beb Dom Wire Xfer 2,100 OUTGOING WIRE BNF THE MARBURY LAW GROUP, PLLC;REF ;WIRE/OUT ' Preauthorized Wd MBI SETL ' Preauthorized Wd 2.91 MBI SETL CREDITS Date Description Additions Deposit 23, ' Preauthorized Credit 10,000 CITADEL FEDERAL CREDIT ORG ' Preauthorized Credit 1, COBRA SERVICES P F Deposit 6, Deposit 52, Mobile Remote Dep 1, DAILY BALANCES Date Amount , , , , , , , , Date Amount Date Amount , , , , , , , , , , , , , ,681.64

9 Case KJC Doc 161 Filed 08/14/15 Page 9 of 24 COMPRESSUS, INC Page 5 June 30, 2015 OVERDRAFT/RETURN ITEM FEES Total for Total this period year-to-date Total Overdraft Fees $0 $0 Total Returned Item Fees $0 $0 Thank you for banking with EagleBank

10 Case KJC Doc 161 Filed 08/14/15 Page 10 of 24

11 Case KJC Doc 161 Filed 08/14/15 Page 11 of 24

12 Case KJC Doc 161 Filed 08/14/15 Page 12 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 STATEMENT OF OPERATIONS (Income Statement) The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid. Cumulative REVENUES Month Filing to Date Gross Revenues $ 69,015 $ 96,109 Less: Returns and Allowances $ - Net Revenue $ 69,015 $ 96,109 COST OF GOODS SOLD Beginning Inventory - - Add: Purchases - - Add: Cost of Labor 90, ,506 Add: Other Costs (attach schedule) - - Less: Ending Inventory - - Cost of Goods Sold 90, ,506 Gross Profit $ (21,098) $ (236,397) OPERATING EXPENSES Advertising 43,707 46,707 Auto and Truck Expense - - Bad Debts 14,719 14,719 Contributions - - Employee Benefits Programs 17,618 72,093 Insider Compensation* - - Insurance 1 17,169 Management Fees/Bonuses - - Office Expense 22,135 40,448 Pension & Profit-Sharing Plans - - Repairs and Maintenance - - Rent and Lease Expense 17,460 53,007 Salaries/Commissions/Fees 120, ,519 Supplies - - Taxes - Payroll 9,083 29,553 Taxes - Real Estate - - Taxes - Other - - Travel and Entertainment (188) 3,061 Utilities (2,253) 10,597 Other (attach schedule) - - Total Operating Expenses Before Depreciation 242, ,873 Depreciation/Depletion/Amortization 181, ,584 Net Profit (Loss) Before Other Income & Expenses $ (445,262) $ (1,451,854) OTHER INCOME AND EXPENSES Other Income (attach schedule) - Interest Expense 7,266 13,458 Other Expense (attach schedule) - - Net Profit (Loss) Before Reorganization Items $ (452,528) $ (1,465,312) REORGANIZATION ITEMS Professional Fees 290, ,878 U. S. Trustee Quarterly Fees Interest Earned on Accumulated Cash from Chapter 11 - Gain (Loss) from Sale of Equipment - Other Reorganization Expenses (attach schedule) - Total Reorganization Expenses 290, ,203 Income Taxes - Net Profit (Loss) $ (742,661) $ (2,260,515) *"Insider" is defined in 11 U.S.C. Section 101(31). MOR (04/07)

13 Case KJC Doc 161 Filed 08/14/15 Page 13 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 STATEMENT OF OPERATIONS - continuation sheet Cumulative BREAKDOWN OF "OTHER" CATEGORY Month Filing to Date Other Costs Other Operational Expenses Other Income Other Expenses Other Reorganization Expenses Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11: Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization item. MOR (04/07)

14 Case KJC Doc 161 Filed 08/14/15 Page 14 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 BALANCE SHEET The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations. BOOK VALUE AT END OF BOOK VALUE ON ASSETS CURRENT REPORTING MONTH PETITION DATE CURRENT ASSETS Unrestricted Cash and Equivalents $ 125,464 $ 7,138 Restricted Cash and Cash Equivalents (see continuation sheet) - - Accounts Receivable (Net) 59,589 19,002 Notes Receivable - - Inventories - - Prepaid Expenses 38,353 24,533 Professional Retainers - 5,000 Other Current Assets (attach schedule) 25,927 15,793 TOTAL CURRENT ASSETS 249,333 71,466 PROPERTY AND EQUIPMENT Real Property and Improvements - - Machinery and Equipment 789, ,378 Furniture, Fixtures and Office Equipment 95,617 95,617 Leasehold Improvements - - Vehicles - - Less Accumulated Depreciation (809,318) (799,586) TOTAL PROPERTY & EQUIPMENT 75,677 85,409 OTHER ASSETS Loans to Insiders* - Other Assets (attach schedule) 3,879,320 4,414,173 TOTAL OTHER ASSETS 3,879,320 4,414,173 TOTAL ASSETS $ 4,204,330 $ 4,571,048 BOOK VALUE AT END OF BOOK VALUE ON LIABILITIES AND OWNER EQUITY CURRENT REPORTING MONTH PETITION DATE LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) Accounts Payable $ 68,580 $ - Taxes Payable (refer to FORM MOR-4) - - Wages Payable - - Notes Payable - - Rent / Leases - Building/Equipment 54,708 - Secured Debt / Adequate Protection Payments (1) 939,840 - Professional Fees 789,878 - Amounts Due to Insiders* 61,205 - Other Postpetition Liabilities (attach schedule) 50,620 71,033 TOTAL POSTPETITION LIABILITIES 1,964,830 71,033 LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) Secured Debt (1) 4,046,831 4,046,831 Priority Debt 313, ,740 Unsecured Debt 23,113,326 23,113,326 TOTAL PRE-PETITION LIABILITIES 27,473,897 27,473,897 TOTAL LIABILITIES $ 29,438,727 $ 27,544,930 OWNER EQUITY Capital Stock 395, ,367 Additional Paid-In Capital 82,311,056 82,311,056 Partners' Capital Account - - Owner's Equity Account - - Retained Earnings - Pre-Petition (105,680,305) (105,680,305) Retained Earnings - Postpetition (2,260,515) - Adjustments to Owner Equity (attach schedule) - - Postpetition Contributions (Distributions) (Draws) (attach schedule) - - NET OWNER EQUITY (25,234,397) (22,973,882) TOTAL LIABILITIES AND OWNERS' EQUITY $ 4,204,330 $ 4,571,048 *"Insider" is defined in 11 U.S.C. Section 101(31). (1) The secured status of certain claims may be subject to dispute by the Debtor. MOR (04/07)

15 Case KJC Doc 161 Filed 08/14/15 Page 15 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 BALANCE SHEET - continuation sheet BOOK VALUE AT END OF BOOK VALUE ON ASSETS CURRENT REPORTING MONTH PETITION DATE Other Current Assets Security Deposit held by ALCI 15,793 15,793 Employee Travel Advances 10,134 - Other Assets Intellectual Property/Trademarks, Net 3,854,320 4,389,173 Goodwill 25,000 25,000 BOOK VALUE AT END OF BOOK VALUE ON LIABILITIES AND OWNER EQUITY CURRENT REPORTING MONTH PETITION DATE Other Postpetition Liabilities Deferred Revenue 42,620 $ 71,033 Board Member Loan 8,000 Adjustments to Owner Equity Postpetition Contributions (Distributions) (Draws) Restricted Cash is cash that is restricted for a specific use and not available to fund operations. Typically, restricted cash is into a separate account, such as an escrow account. MOR (04/07)

16 Case KJC Doc 161 Filed 08/14/15 Page 16 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 STATUS OF POSTPETITION TAXES The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero. Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period. Beginning Amount Ending Tax Withheld or Amount Date Check No. Tax Liability Accrued Paid Paid or EFT Liability Federal Withholding - 20, , /15, 6/30 EFT - FICA-Employee - 9, , /15, 5/32 EFT - FICA-Employer - 9, , /15, 5/33 EFT - Unemployment Income Other: Total Federal Taxes $ - $ 38, $ 38, $ - State and Local Withholding - 6, , /15, 5/31 EFT - Sales Excise Unemployment /15, 5/31 EFT - Real Property Personal Property Other: Franchise Tax Total State and Local - 6, , Total Taxes $ - $ 44, $ 44, SUMMARY OF UNPAID POSTPETITION DEBTS Attach aged listing of accounts payable. Number of Days Past Due Current Over 90 Total Accounts Payable 600 9, , , , , Wages Payable Taxes Payable Rent/Leases-Building - 14, , , , , Rent/Leases-Equipment Secured Debt/Adequate Protection Payments (1) 805, ,660 85, , , Professional Fees 530, , , , Amounts Due to Insiders* - 20,000 41, , Other: Deferred Revenue 42, ,620 Other: Board Member Loan 8, ,000 Total Postpetition Debts $ 1,387, $ 338, $ 160, $ 69, $ 8, $ 1,964, Explain how and when the Debtor intends to pay any past-due postpetition debts. *"Insider" is defined in 11 U.S.C. Section 101(31). (1) The secured status of certain claims may be subject to dispute by the Debtor. MOR (04/07)

17 Case KJC Doc 161 Filed 08/14/15 Page 17 of 24

18 Case KJC Doc 161 Filed 08/14/15 Page 18 of 24

19 Case KJC Doc 161 Filed 08/14/15 Page 19 of 24

20 Case KJC Doc 161 Filed 08/14/15 Page 20 of 24 Liability Recap Taxes Debited Federal Income Tax 9, Earned Income Credit Advances Social Security - EE 3, Social Security - ER 3, Social Security Adj - EE Medicare - EE Medicare - ER Medicare Adj - EE Medicare Surtax - EE Medicare Surtax Adj - EE COBRA Premium Assistance Payments Federal Unemployment Tax State Income Tax 2, State Unemployment Insurance - EE 6.27 State Unemployment/Disability Ins - ER State Unemployment Insurance Adj - EE State Disability Insurance - EE State Disability Insurance Adj - EE Workers Benefit Fund Assessment - EE Workers Benefit Fund Assessment - ER Local Income Tax School District Tax Total Taxes Debited Acct. No. XXXXX2003 Tran/ABA XXXXXXXXX 20, Other Transfers ADP Direct Deposit Acct. No. XXXXX2003 Total Amount Debited From Your Account Tran/ABA XXXXXXXXX 39, , Total Liability 59, Bank Debits and Other Liability Checks Adjustments/Prepay/Voids 59, , Taxes - Your None This Payroll Responsibility 59, * Applied For/Missing ID Condition Exists: Urgent Action Required - Please forward Identification Number to ADP Immediately. Failure to do so may cause filings to be rejected and/or result in Agency Tracer Notices. Statistical Summary COMPRESSUS INC /30/2015 Week 26 Batch : Period Ending : Recap Company Code: Quarter Number: 2 Pay Date : 06/30/2015 Page 1 Region Name: CHESAPEAKE REGION Service Center: Current Date : 06/26/2015

21 Case KJC Doc 161 Filed 08/14/15 Page 21 of 24 Net Pay Checks Direct Deposits Subtotal Net Pay Adjustments Total Net Pay Liability (Net Cash) 39, , , Taxes Federal Agency Federal Income Tax Earned Income Credit Advances Social Security Medicare You are responsible for Depositing these amounts Amount debited from your account Rate EE withheld ER contrib. EE withheld ER contrib. 9, , Medicare Surtax Federal Unemployment Tax Subtotal Federal 13, Cobra Premium Assistance Payments Total Federal 13, , , , , , State CA State Income Tax CA State Unemployment/Disability CA State Disability Insurance-EE Subtotal CA Ins-ER , , DC State Income Tax DC State Unemployment/Disability Subtotal DC Ins-ER DE State Income Tax DE State Unemployment/Disability Subtotal DE IL State Income Tax IL State Unemployment/Disability Subtotal IL Ins-ER Ins-ER PA State Income Tax PA State Unemployment/Disability Ins-ER PA State Unemployment Insurance-EE Subtotal PA VA State Income Tax VA State Unemployment/Disability Subtotal VA * VI Unemployment/Disability Ins-ER Subtotal VI Ins-ER Local 7577 Eagles Mere (Remit to:7577 Eagles Mere) Subtotal Local Statistical Summary COMPRESSUS INC /30/2015 Week 26 Batch : Period Ending : Detail Company Code: Quarter Number: 2 Pay Date : 06/30/2015 Page 2 Region Name: CHESAPEAKE REGION Service Center: Current Date : 06/26/2015

22 Case KJC Doc 161 Filed 08/14/15 Page 22 of 24 Taxes (cont d) Agency Total Taxes Rate You are responsible for Depositing these amounts EE withheld ER contrib. Amount debited from your account EE withheld ER contrib. 15, , , Amount ADP Debited From Account XXXXX2003 Tran/ABA XXXXXXXXX 20, Excludes Taxes That Are Your Responsibility Other Transfers ADP Direct Deposit Amount ADP Debited From Account XXXXX2003 Tran/ABA XXXXXXXXX 39, , Employee Transactions Total Amount ADP Debited From Your Accounts * Applied For/Missing ID Condition Exists: Urgent Action Required - Please forward Identification Number to ADP Immediately. Failure to do so may cause filings to be rejected and/or result in Agency Tracer Notices. 59, Statistical Summary COMPRESSUS INC 06/30/2015 Week 26 Batch : Period Ending : Detail Company Code: Quarter Number: 2 Pay Date : 06/30/2015 Page 3 Region Name: CHESAPEAKE REGION Service Center: Current Date : 06/26/2015

23 Case KJC Doc 161 Filed 08/14/15 Page 23 of 24 Compressus Inc Post Filing DIP A/P Aging Summary As of June 30, 2015 Current and over Total ADP Allied Telecom , CareFirst 1, , FedEx Futurism Technologies USA, Inc. 4, ,250 Igor Meltser Intermedia.net Inc. 2, , , James Way Lorne Adams Marbury Law Group, PLLC ,408 Open Rules, Inc Orange County Online, Inc 2, ,414 5, Sprint Standard Ins - Dental Techtarget 3, , , The Standard Ins - Life, STD, LTD Time Warner Cable 1, , Verizon Wireless 2, , Xerox TOTAL $ 600 $ 9, $ 4, $ 51, $ 2, $ 68,579.88

24 Case KJC Doc 161 Filed 08/14/15 Page 24 of 24 In re Compressus Inc. Case No KJC Debtor Reporting Period: 6/1/2015-6/30/2015 ACCOUNTS RECEIVABLE RECONCILIATION AND AGING Accounts Receivable Reconciliation Amount Total Accounts Receivable at the beginning of the reporting period $ 17,117 + Amounts billed during the period 62,438 - Amounts collected during the period (5,248) Bad debt expense write-off (14,719) Total Accounts Receivable at the end of the reporting period $ 59,588 Accounts Receivable Aging Amount 0-30 days old 59, days old days old days old - Total Accounts Receivable 59,588 Amount considered uncollectible (Bad Debt) Accounts Receivable (Net) $ 59,588 DEBTOR QUESTIONNAIRE Must be completed each month Yes No 1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. 2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below. 3. Have all postpetition tax returns been timely filed? If no, provide an explanation below. 4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. 5. Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule X X X X X MOR (04/07)

25 Case KJC Doc Filed 08/14/15 Page 1 of 1 CERTIFICATE OF SERVICE I hereby certify that on this 14 th day of August, 2015, I caused a true and copy of the foregoing Monthly Operating Report for June 1, 2015 Through June 30, to be served via CM/ECF notifications on those parties registered to receive such notifications and via Hand Delivery upon the party listed below. Dated: August 14, 2015 /s/ Michael Busenkell Michael Busenkell (DE Bar No. 3933) Gellert Scali Busenkell & Brown, LLC 913 N. Market Street, 10 th Floor Wilmington, DE Telephone: (302) mbusenkell@gsbblaw.com Via Hand Delivery Benjamin A. Hackman, Esq. Office of the United States Trustee 844 King Street Suite 2207 Wilmington, DE 19801