Assets

Current assets:

Cash and cash equivalents

Restricted Cash

Accounts receivable—trade, less allowance for doubtful accounts of $87 and $541, respectively

Prepaid expenses and other assets

Total current assets

Property and equipment, net of accumulated depreciation of $78,485 and $78,046, respectively

Deferred financing costs, net of accumulated amortization of $3,344 and $2,854, respectively

Other assets

Liabilities & Shareholders’ Deficit

Current liabilities:

Current portion of capital leases

Accounts payable

Accrued compensation expense and related liabilities

Accrued interest expense

Other current liabilities

Current maturity of notes payable, net of discount of $-0- and $892, respectively

Net current liabilities of discontinued operations

Total current liabilities

Long term notes payable, net of discount of $1,835 and $3,307, respectively

Capital lease obligations, net of current portions

Other Long-Term Liabilities

Commitments and contingencies

Redeemable convertible preferred stock -0- and 23,375, 9.626% cumulative Series F shares issued and outstanding in 2004 and 2003, respectively

Shareholders’ deficit:

Preferred Stock, $.01 par value, 2,000,000 shares authorized; 29,778 convertible, $.36 cumulative Series B shares issued and outstanding in 2004 and 2003; -0- convertible 15% cumulative Series D shares issued and outstanding in 2004 and 2003; -0- convertible 15% cumulative Series E shares issued and outstanding in 2004 and 2003

Common stock, $.01 par value, 800,000,000 shares authorized; 660,053,022 and 85,480,587 shares issued and outstanding in 2004 and 2003, respectively

Additional paid-in capital

Treasury shares; at cost, 475,600 held in 2004 and 2003

Retained deficit

Total shareholders’ deficit