Elite Pharmaceuticals Inc (ELTP)

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ELTP $$$$$$ PROPERTY AND EQUIPMENT , net of accumulated depreciation of $5,174,531 and $5,068,522, respectively 3,958,495 4,028,943

INTANGIBLE ASSETS – net of accumulated amortization of $-0- 712,922 694,426

OTHER ASSETS
Investment in Novel Laboratories, Inc. 3,329,322 3,329,322
Security deposits 14,314 14,314
Restricted cash – debt service for EDA bonds 348,650 267,820
EDA bond offering costs, net of accumulated amortization of $111,064 and $107,519, respectively 243,389 246,934

Total Other Assets 3,935,675 3,858,390

TOTAL ASSETS $ 10,392,119 $ 11,125,133