Press Releases, Online Resources

Online Resources Reports Robust Fourth Quarter

Earnings Exceed Expectations Capping Strong 2002

Condensed Balance Sheets
(In thousands)
(Unaudited)

	DECEMBER 31, 2002	DECEMBER 31, 2001
ASSETS Current assets:
Cash, cash equivalents and short-term investments	$ 6,786	$ 7,703
Accounts receivable, net	3,826	2,636
Deferred implementation costs	631	965
Prepaid expenses and other current assets	772	750
Total current assets	12,015	12,054
Property and equipment, net	7,804	6,813
Deferred implementation costs, less current portion	401	708
Debt issuance costs	660	983
Other assets	450	964
Total assets	$ 21,330	$ 21,522
LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities:
Accounts payable, accrued expenses and other current liabilities	$ 2,619	$ 2,078
Deferred revenues	532	880
Current portion of capital lease obligation	214	311
Total current liabilities	3,365	3,269
Capital lease obligation, less current maturities	111	348
Deferred revenues, less current portion	356	567
Notes payable	12,000	13,000
Total liabilities	15,832	17,184
Stockholders' equity	5,498	4,338
Total liabilities and stockholders' equity	$ 21,330	$ 21,522

Media Contact: Beth Halloran,
Director, Corporate Communications
703.394.5248
bhalloran@orcc.com

Investor Contact: Catherine Graham,
EVP & Chief Financial Officer
703.394.5155
cgraham@orcc.com