ARQL » Topics » Fair Value of Financial Instruments

These excerpts taken from the ARQL 10-K filed Mar 6, 2009.

Fair Value of Financial Instruments

        At December 31, 2008 our financial instruments consist of cash, cash equivalents, accounts payable, accrued expenses and notes payable. The carry amount of these financial instruments approximate their fair values. At December 31, 2008, our financial instruments also included marketable securities and an auction rate security Put Option which are reported at fair value. At December 31, 2007 our financial instruments consist of cash, cash equivalents, marketable securities, accounts payable and accrued expenses. The carry amount of these financial instruments approximate their fair values.

Fair Value of Financial Instruments



        At December 31, 2008 our financial instruments consist of cash, cash equivalents, accounts payable, accrued expenses and notes
payable. The carry amount of these financial instruments approximate their fair values. At December 31, 2008, our financial instruments also included marketable securities and an auction rate
security Put Option which are reported at fair value. At December 31, 2007 our financial instruments consist of cash, cash equivalents, marketable securities, accounts payable and accrued
expenses. The carry amount of these financial instruments approximate their fair values.



These excerpts taken from the ARQL 10-K filed Mar 17, 2008.

Fair Value of Financial Instruments

        At December 31, 2007 and 2006, our financial instruments consist of cash, cash equivalents, marketable securities, accounts receivable, accounts payable, and accrued expenses. The carrying amounts of these instruments approximate their fair values.

Fair Value of Financial Instruments



        At December 31, 2007 and 2006, our financial instruments consist of cash, cash equivalents, marketable securities, accounts receivable, accounts payable,
and accrued expenses. The carrying amounts of these instruments approximate their fair values.



This excerpt taken from the ARQL 10-K filed Mar 12, 2007.

Fair Value of Financial Instruments

At December 31, 2006 and 2005, our financial instruments consist of cash, cash equivalents, marketable securities, accounts receivable, accounts payable, and accrued expenses. The carrying amounts of these instruments approximate their fair values.

This excerpt taken from the ARQL 10-K filed Mar 9, 2006.

Fair Value of Financial Instruments

At December 31, 2004 and 2005, our financial instruments consist of cash, cash equivalents, marketable securities, accounts receivable, accounts payable, accrued expenses and debt. The carrying amounts of these instruments approximate their fair values.

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