----

----

**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**Form      10-KSB/A**

**AMENDMENT      NO. 2**

| R      | **ANNUAL                REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934**     |
|--------|----------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                 |
|   | **For                the year ended December 31, 2005**                                                              |
|   |                                                                                                                 |
|   | **or**                                                                                                               |
|   |                                                                                                                 |
| £ | **TRANSITION                REPORT UNDER SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF                1934** |
|   |                                                                                                                 |
|   | **For                the transition period from                to**                                                  |

**Commission      file number: 001-16781**

**microHelix,      Inc.**

*(Name      of Small Business Issuer in Its Charter)*

| **Oregon**                                                                                     | **91-1758621**                                        |
|------------------------------------------------------------------------------------------------|-------------------------------------------------------|
| *(State                or Other Jurisdiction of Incorporation or                Organization)* | *(I.R.S.                Employer Identification No.)* |
| **19500                SW 90****th****Court, Tualatin, Oregon**                                | **97062**                                             |
| *(Address                of Principal Executive Offices)*                                      | *(Zip                Code)*                           |

**(Issuer's      Telephone Number, Including Area Code):**

**(503)      692-5333**

**Securities      registered under Section 12(g) of the Exchange Act:**

**Common      Stock, no par value per share**

**Class      B Warrants to purchase one share of Common Stock**

**Documents      Incorporated by Reference**

**None.**

**Transitional      Small Business Disclosure Format: Yes **
**      No **

----

----

----

**EXPLANATORY      NOTE**

**Part      III**

*This      Amendment No. 2 to our Annual Report on Form 10-KSB contains forward-looking      statements within the meaning of the Private Securities Litigation Reform Act      of      1995. Such statements reflect management's current view and estimates of future      economic and market circumstances, industry conditions, company performance      and      financial results. Words such as "expects," "anticipates," "intends," "plans,"      "believes," "seeks," "estimates" and variations of such words and similar      expressions are intended to identify such forward-looking statements. These      statements are subject to risks and uncertainties that could cause our future      results to differ materially from the results discussed herein. Factors that      might cause such a difference include, but are not limited to, those discussed      elsewhere in this Annual Report on Form 10-KSB. We do not intend, and undertake      no obligation, to update any such forward-looking      statements.*

**Item      9. **
***Directors,      Executive Officers, Promoters and Control Persons; Compliance with Section      16(a)      of the Exchange Act.***

| **Name**                                              | **Age** | **Position**                                                                                                                                |
|-------------------------------------------------------|---------|---------------------------------------------------------------------------------------------------------------------------------------------|
| ***Directors                and Executive Officers*** |    |                                                                                                                                        |
| James                M. Williams                      | 61      | Director                and Chairman of the Board                                                                                           |
| Tyram                H. Pettit                        | 55      | Director,                President, Chief Executive Officer, Vice President - Finance and                Assistant                Secretary |
| Terrence                A. Rixford                    | 70      | Director                and Secretary                                                                                                       |
| John                L. Crary                          | 52      | Director                                                                                                                                    |
| Marti                D. Lundy                         | 59      | Director,                Vice                President - Moore Electronics                                                                  |
| James                M. Thornton                      | 52      | Director                                                                                                                                    |
| David                R. Martell                       | 61      | Vice                President - Ultrasound Division                                                                                         |
|                                                  |    |                                                                                                                                        |
| ***Key                Employee***                     |    |                                                                                                                                        |
| James                E. Horswill                      | 58      | Corporate                Controller                                                                                                         |

*James      M. Williams*

----

*Tyram      H. Pettit*

*Terrence      A. Rixford*

*John      L. Crary*

*Marti      D. Lundy*

*James      M. Thornton*

*Mr.      David R. Martell*

*Mr.      James E. Horswill *

----

**Audit      Committee**

**Section      16(a) Beneficial Ownership Reporting Compliance**

**Code      of Ethics**

***Item      10. Executive Compensation***

**Summary      Compensation Table**

|                           | **Annual                Compensation** | **Long-Term****Compensation                Awards** **Securities****Underlying                Options** | **All                Other****Compensation** |
|--------------------------------|----------------------------------------|--------------------------------------------------------------------------------------------------------------|----------------------------------------------|
| **Name**                       | **Year**                               | **Salary**                                                                                                   | **Bonus**                                    |   |   |
| Tyram                H. Pettit | 2005                                   | $108,980                                                                                                     | $25,000                                      | 4,377(1) | $8,640(2) |
|                           | 2004                                   | $80,935                                                                                                      | $25,000(3)                                   | -- | $                    -- |
|                           | 2003                                   | $87,077                                                                                                      | $                    --  | 16,667(1) | $                    -- |
|                           |                                   |                                                                                                         |                                         |   |   |
| Marti                D. Lundy  | 2005                                   | $107,302                                                                                                     | $                    --  | -- | $11,077(4) |

|   | (1) | Mr.                Pettit voluntarily surrendered all of his outstanding options to                purchase                shares of Common Stock, including the 16,667 options awarded in 2003,                for                an unrestricted grant of 4,377 shares of Common Stock, effective                October                31, 2005. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Consists                of an unrestricted stock grant of 48,000 shares of Common                Stock. |
|--------|-----|--------------------------------------------------------------------------------------------------------------|

|   | (3) | Bonus                granted upon completion of sale of assets to Advanced Neuromodulation                Systems, Inc. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Consists                of automobile allowance. |
|--------|-----|--------------------------------------------------|

----

**Option      Grants in Last Fiscal Year **

**Option      Exercises in Last Fiscal Year and Fiscal Year End Option Values**

**Director      Compensation**

**Item      11. **
***Security      Ownership of Certain Beneficial Owners and Management and Related Stockholder      Matters***

** **

----

|                                                                            |   | **Shares                Beneficially Owned** |
|----------------------------------------------------------------------------|--------|----------------------------------------------|
| **Name                of Beneficial Owner**                                |   |                                         | **Common                Stock** |   |   | **Series                B Preferred** |   |   | **Total** |   |   | **Percent** |   |
| Paulson                Group(1)                                            |   |                                         | 571,790 | (2) |   | 400,000 |   |   | 2,171,790 |   |   | 16.5 | % |
| Yee                Ling Hayden                                             |   |                                         | 100,000 | (3) |   | 500,000 |   |   | 2,100,000 |   |   | 15.9 | % |
| James                M. Williams                                           |   |                                         | 58,362 | (4) |   | 350,000 | (5) |   | 1,458,362 |   |   | 11.1 | % |
| Marti                D. Lundy                                              |   |                                         | 0 |   |   | 250,000 |   |   | 1,000,000 |   |   | 7.6 | % |
| John                L. Crary                                               |   |                                         | 113,188 | (6) |   | 200,000 | (7) |   | 913,188 |   |   | 6.9 | % |
| Richard                G. Sass                                             |   |                                         | 505,269 | (8) |   | 0 |   |   | 505,269 |   |   | 3.8 | % |
| Tyram                H. Pettit                                             |   |                                         | 59,794 |   |   | 15,000 |   |   | 119,794 |   |   | * |   |
| Terrence                A. Rixford                                         |   |                                         | 34,589 | (9) |   | 50,000 | (10) |   | 234,589 |   |   | 1.8 | % |
| James                M. Thornton                                           |   |                                         | 10,000 |   |   | 0 |   |   | 10,000 |   |   | * |   |
| David                R. Martell                                            |   |                                         | 16,151 |   |   | 15,000 |   |   | 76,151 |   |   | * |   |
| Daniel                Kern(11)                                             |   |                                         | 0 |   |   | 150,000 |   |   | 150,000 |   |   | 1.1 | % |
| SCG                Capital, LLC(12)                                        |   |                                         | 0 |   |   | 150,000 |   |   | 150,000 |   |   | 1.1 | % |
| All                executive officers and directors as a group (7 persons) |   |                                         | 292,084 | (13) |   | 880,000 |   |   | 3,812,084 |   |   | 28.9 | % |

|   | (1) | Common                Stock, Class B warrants to purchase Common Stock and Series B Preferred                (see note 2) are held by Paulson Investment Company, Inc. and Chester                L.                F. Paulson. Paulson Investment Company, Inc. is a registered broker/dealer                and a wholly owned subsidiary of Paulson Capital Corp. Chester L.                F.                Paulson and Jacqueline M. Paulson are controlling managers of Paulson                Family LLC, which is a controlling shareholder of Paulson Capital                Corp.                Mr. and Ms. Paulson and Paulson Family LLC disclaim any beneficial                ownership of securities held in the names of Paulson Investment Company,                Inc. or Paulson Capital Corp. The business address of Paulson Investment                Company, Inc. is 811 SW Naito Parkway, Suit 200, Portland, Oregon                97204. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Includes                Class B warrants to purchase 83,333 shares of Common Stock held by                Paulson                Investment Company, Inc. Also includes warrants to purchase 46,942                Units,                each Unit consisting of one share of Common Stock and one Class B                warrant,                of which the right to purchase 42,487 Units is held by Paulson Investment                Company, Inc. and the right to purchase 4,455 Units is held by Chester                L.                F. Paulson. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Includes                a warrant to purchase 100,000 shares of Common Stock held by Trust                Company                of America for the benefit of Yee Ling Hayden. Business address is:                7103                S. Revere Parkway, Englewood, Colorado                80112. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Includes                52,693 shares of Common Stock held by a corporation controlled by                Mr.                Williams and Class B warrants to purchase 4,700 shares of Common                Stock. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (5) | Held                by a corporation controlled by Mr.                Williams. |
|--------|-----|---------------------------------------------------------------------------------|

|   | (6) | Includes                Class B warrants to purchase 43,270 shares of Common Stock held by                a trust                of which Mr. Crary is both the trustee and the beneficiary. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (7) | Includes                120,000 shares of Series B Preferred held in a trust of which Mr.                Crary is                both the trustee and the beneficiary, and 80,000 shares of Series                B                Preferred held in trusts for two of Mr. Crary's children, as to which                Mr.                Crary is the trustee. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (8) | Includes                Class B Warrants to purchase 133,045 shares of Common                Stock. |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | (9) | Includes                33,923 shares of Common Stock held by a trust of which Mr. Rixford                is both                the trustee and the beneficiary, and Class B warrants to purchase                666                shares of Common Stock. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (10) | Held                by a trust of which Mr. Rixford is both the trustee and the                beneficiary. |
|--------|------|-------------------------------------------------------------------------------------------------------------|

|   | (11) | Business                Address: 1027 Goldenrod Ave., Corona Del Mar, California                92625. |
|--------|------|--------------------------------------------------------------------------------------------------------|

|   | (12) | Business                Address: 19495 Biscayne Blvd., No. 608, Aventura, Florida                33100. |
|--------|------|---------------------------------------------------------------------------------------------------------|

|   | (13) | Includes                48,636 shares of Common Stock that may be acquired upon exercise                of Class                B warrants. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------|

----

**Item      12. **
***Certain      Relationships and Related Transactions***

**Item      13. **
***Exhibits***

| **Exhibit****Number** |   | **Description**                                                                                                                                                                                                                  |
|-----------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                  |   |                                                                                                                                                                                                                             |
| 3.1(1)                |   | Amended                  and Restated Articles of Incorporation of microHelix, Inc., as                  amended                  November 16, 2001, December 5, 2003, April 8, 2005 and October 28,                  2005. |
| 3.2(2)                |   | Bylaws                  of microHelix, Inc.                                                                                                                                                                                      |
| 4.1(2)                |   | Form                  of Warrant Agreement among microHelix, Inc. and UMB Bank, N.A.,                  as Warrant                  Agent, including the form of Class B Warrant.                                                 |
| 4.2(2)                |   | Form                  of Unit Certificate.                                                                                                                                                                                       |
| 4.3(2)                |   | Form                  of Warrant to Paulson Investment Company, Inc.                                                                                                                                                             |
| 10.1(2)               |   | Warrant                  dated March 27, 2000 to The Polymer Technology Group.                                                                                                                                                   |
| 10.2(2)               |   | Warrant                  Agreement dated January 5, 2001 with Imperial Bank, as                  predecessor-in-interest to Comerica Bank, as amended May 31,                  2001.                                             |

----

| 10.3(2)   |   | Antidilution                  Agreement dated January 5, 2001 between microHelix, Inc. and Imperial                  Bank, as predecessor-in-interest to Comerica Bank.                                                                                                                                                                                                                                                                                                                                 |
|-----------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.4(2)   |   | Stock                  Transfer Restriction Agreement dated January 5, 2001 between microHelix,                  Inc. and Imperial Bank, as predecessor-in-interest to Comerica                  Bank.                                                                                                                                                                                                                                                                                                  |
| 10.5(2)   |   | Form                  of Warrant for Bridge Loan for Pre-IPO Financing.                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.6(2)   |   | Standard                  Commercial-Industrial Lease Agreement dated August 1, 2004 between                  microHelix, Inc. and La Bajada Land Company LLC.                                                                                                                                                                                                                                                                                                                                          |
| 10.7(3)   |   | Asset                  Purchase Agreement dated March 5, 2004 between Advanced Neuromodulation                  Systems, Inc. and microHelix, Inc.                                                                                                                                                                                                                                                                                                                                                      |
| 10.8(4)   |   | Contractual                  Guideline for Shelter Program Relationships dated December 28,                  1999                  between Javid LLC and Grayscale, Inc. (which merged into microHelix,                  Inc.                  on December 31, 2000), and Lease Contract entered into through                  Javid LLC's                  subsidiary Camex de Nogales, S.A. de C.V. on behalf of microHelix,                  Inc.                  dated effective November 1, 2003. |
| 10.9(4)   |   | Lease                  Agreement between microHelix, Inc. as Landlord, ADM De Mexico,                  Inc. as                  Tenant.                                                                                                                                                                                                                                                                                                                                                                 |
| 10.10(5)  |   | Form                  of Warrant dated April 8, 2005 issued by microHelix, Inc. to financial                  advisors.                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.11(5)  |   | Merger                  Agreement dated April 8, 2005 among microHelix, Inc., microHelix                  Acquisition Corp., Moore Electronics, Inc., Lawrence T. Moore and                  Marti D.                  Lundy.                                                                                                                                                                                                                                                                           |
| 10.12(6)  |   | Promissory                  Note dated April 8, 2005 made by microHelix, Inc. in favor of Marti                  D.                  Lundy, as amended August 5, 2005, November 18, 2005, January 3,                  2006 and                  May 18, 2006.                                                                                                                                                                                                                                           |
| 10.13(5)  |   | Security                  Agreement dated April 8, 2005 among microHelix, Inc., Moore Electronics,                  Inc. and Marti D. Lundy.                                                                                                                                                                                                                                                                                                                                                       |
| 10.14(5)  |   | Form                  of Series B Preferred Stock Purchase Agreement dated April 8, 2005                  between                  microHelix, Inc. and purchasers of Series B Preferred Stock of                  microHelix,                  Inc.                                                                                                                                                                                                                                                    |
| 10.15(5)  |   | Form                  of Registration Rights Agreement dated April 8, 2005 between microHelix,                  Inc. and holders of Series B Preferred Stock of microHelix,                  Inc.                                                                                                                                                                                                                                                                                                       |
| 10.16(7)  |   | Amended                  and Restated Loan and Security Agreement dated as of April 5, 2005                  among                  microHelix, Inc., Moore Electronics, Inc. and BFI Business Finance                  as                  modified on October 11, 2005, December 22, 2005 , and January 5,                  2006                                                                                                                                                                 |
| 10.17(5)  |   | Stock                  Pledge Agreement dated as of April 5, 2005 between microHelix,                  Inc. and                  BFI Business Finance.                                                                                                                                                                                                                                                                                                                                                  |
| 10.18(5)* |   | Employment                  Agreement dated April 8, 2005 between Marti D. Lundy and Moore                  Electronics, Inc.                                                                                                                                                                                                                                                                                                                                                                           |
| 10.19(5)  |   | Lease                  dated August 15, 1999 between Sylvia B. Giustina and Moore Electronics,                  Inc. ("Tenant"), as modified and amended by a Memorandum of Understanding                  effective January 1, 2001, a First Addendum to Lease effective                  August 15,                  2002, a Second Addendum to Lease effective August 15, 2002 and                  a Third                  Addendum to Lease effective April 7, 2005.                              |
| 14.1(5)   |   | Policy                  on Business Ethics for Directors, Officers and                  Employees.                                                                                                                                                                                                                                                                                                                                                                                                      |
| 21.1(4)   |   | List                  of Subsidiaries.                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.1(8)   |   | Certification                  of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350,                  as adopted                  pursuant to Section 302 of the Sarbanes-Oxley Act of                  2002.                                                                                                                                                                                                                                                                                  |
| 31.2(8)   |   | Certification                  of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350,                  as adopted                  pursuant to Section 302 of the Sarbanes-Oxley Act of                  2002.                                                                                                                                                                                                                                                                                  |

----

| (1) | Incorporated                  by reference to the Company's Annual Report on Form 10-KSB for                  the year                  ended December 31, 2004, and to the Company's Forms 8-K filed on                  April 14,                  2005 and October 31, 2005. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Incorporated                  by reference to the Company's Registration Statement on Form SB-2                  (Reg.                  No. 333-65872), declared effective on November 16,                  2001. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Incorporated                  by reference to the Company's Proxy Statement filed on March 23,                  2004. |
|-----|-----------------------------------------------------------------------------------------------------------------------|

| (4) | Incorporated                  by reference to the Company's Annual Report on Form 10-KSB for                  the year                  ended December 31, 2004. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Incorporated                  by reference to the Company's Form 8-K filed on April 14,                  2005. |
|-----|----------------------------------------------------------------------------------------------------------------|

| (6) | Incorporated                  by reference to the Company's Form 8-K filed on April 14, 2005,                  to the                  Company's Form 10-QSB for the quarter ended September 30, 2005                  and to the                  Company's Forms 8-K filed on January 4, 2006 and May 23,                  2006. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Incorporated                  by reference to the Company's Form 8-K filed on April 14, 2005,                  and to the                  Company's Forms 8-K filed on October 31, 2005, January 4, 2006                  and January                  26, 2006. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Filed                  herewith. |
|-----|----------------------------------|

----

**Item      14. **
***Principal      Accountant Fees and Services***
**.**

|                                   |   |   | **2005** |   |   | **2004** |   |
|-----------------------------------|--------|--------|----------|--------|--------|----------|--------|
| Audit                Fees         |   | $      | 326,849  |   | $      | 168,099  |   |
| Audit-Related                Fees |   |   | -        |   |   | -        |   |
| Tax                Fees           |   |   | 5,900    |   |   | 17,500   |   |
| All                Other Fees     |   |   | 13,028   |   |   | -        |   |
|                              |   |   |     |   |   |     |   |
| Totals                            |   | $      | 345,777  |   | $      | 185,599  |   |

*Audit      Fees*

*Tax      Fees.*

*All      Other Fees*

----

**SIGNATURES**

**SIGNATURES**

** **

|         |                                                                                           |                |
|--------------|------------------------------------------------------------------------------------------------|---------------------|
|         | MICROHELIX,              INC.                                                                  |
|    |                                                                                      |           |
|         | By:                                                                                  | /s/ Tyram H. Pettit |
|         | Tyram              H. Pettit                                                                   |
|         | *President,              Chief Executive Officer and**Vice                President - Finance* |

----

**EXHIBIT      INDEX**

| **Exhibit****Number** |   | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                  |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 3.1(1)                |   | Amended                    and Restated Articles of Incorporation of microHelix, Inc., as                    amended                    November 16, 2001, December 5, 2003, April 8, 2005 and October 28,                    2005.                                                                                                                                                                                                                                                                                  |
| 3.2(2)                |   | Bylaws                    of microHelix, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 4.1(2)                |   | Form                    of Warrant Agreement among microHelix, Inc. and UMB Bank, N.A.,                    as Warrant                    Agent, including the form of Class B Warrant.                                                                                                                                                                                                                                                                                                                                    |
| 4.2(2)                |   | Form                    of Unit Certificate.                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| 4.3(2)                |   | Form                    of Warrant to Paulson Investment Company, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 10.1(2)               |   | Warrant                    dated March 27, 2000 to The Polymer Technology Group.                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 10.2(2)               |   | Warrant                    Agreement dated January 5, 2001 with Imperial Bank, as                    predecessor-in-interest to Comerica Bank, as amended May 31,                    2001.                                                                                                                                                                                                                                                                                                                                |
| 10.3(2)               |   | Antidilution                    Agreement dated January 5, 2001 between microHelix, Inc. and                    Imperial                    Bank, as predecessor-in-interest to Comerica Bank.                                                                                                                                                                                                                                                                                                                            |
| 10.4(2)               |   | Stock                    Transfer Restriction Agreement dated January 5, 2001 between                    microHelix,                    Inc. and Imperial Bank, as predecessor-in-interest to Comerica                    Bank.                                                                                                                                                                                                                                                                                           |
| 10.5(2)               |   | Form                    of Warrant for Bridge Loan for Pre-IPO Financing.                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.6(2)               |   | Standard                    Commercial-Industrial Lease Agreement dated August 1, 2004 between                    microHelix, Inc. and La Bajada Land Company LLC.                                                                                                                                                                                                                                                                                                                                                        |
| 10.7(3)               |   | Asset                    Purchase Agreement dated March 5, 2004 between Advanced Neuromodulation                    Systems, Inc. and microHelix, Inc.                                                                                                                                                                                                                                                                                                                                                                    |
| 10.8(4)               |   | Contractual                    Guideline for Shelter Program Relationships dated December 28,                    1999                    between Javid LLC and Grayscale, Inc. (which merged into microHelix,                    Inc.                    on December 31, 2000), and Lease Contract entered into through                    Javid LLC's                    subsidiary Camex de Nogales, S.A. de C.V. on behalf of microHelix,                    Inc.                    dated effective November 1, 2003. |
| 10.9(4)               |   | Lease                    Agreement between microHelix, Inc. as Landlord, ADM De Mexico,                    Inc. as                    Tenant.                                                                                                                                                                                                                                                                                                                                                                             |
| 10.10(5)              |   | Form                    of Warrant dated April 8, 2005 issued by microHelix, Inc. to                    financial                    advisors.                                                                                                                                                                                                                                                                                                                                                                            |
| 10.11(5)              |   | Merger                    Agreement dated April 8, 2005 among microHelix, Inc., microHelix                    Acquisition Corp., Moore Electronics, Inc., Lawrence T. Moore                    and Marti D.                    Lundy.                                                                                                                                                                                                                                                                                     |
| 10.12(6)              |   | Promissory                    Note dated April 8, 2005 made by microHelix, Inc. in favor of                    Marti D.                    Lundy, as amended August 5, 2005, November 18, 2005, January                    3, 2006 and                    May 18, 2006.                                                                                                                                                                                                                                                   |
| 10.13(5)              |   | Security                    Agreement dated April 8, 2005 among microHelix, Inc., Moore Electronics,                    Inc. and Marti D. Lundy.                                                                                                                                                                                                                                                                                                                                                                     |
| 10.14(5)              |   | Form                    of Series B Preferred Stock Purchase Agreement dated April 8,                    2005 between                    microHelix, Inc. and purchasers of Series B Preferred Stock of                    microHelix,                    Inc.                                                                                                                                                                                                                                                            |
| 10.15(5)              |   | Form                    of Registration Rights Agreement dated April 8, 2005 between                    microHelix,                    Inc. and holders of Series B Preferred Stock of microHelix,                    Inc.                                                                                                                                                                                                                                                                                                |
| 10.16(7)              |   | Amended                    and Restated Loan and Security Agreement dated as of April 5,                    2005 among                    microHelix, Inc., Moore Electronics, Inc. and BFI Business Finance                    as                    modified on October 11, 2005, December 22, 2005 , and January 5,                    2006                                                                                                                                                                       |
| 10.17(5)              |   | Stock                    Pledge Agreement dated as of April 5, 2005 between microHelix,                    Inc. and                    BFI Business Finance.                                                                                                                                                                                                                                                                                                                                                              |
| 10.18(5)*             |   | Employment                    Agreement dated April 8, 2005 between Marti D. Lundy and Moore                    Electronics, Inc.                                                                                                                                                                                                                                                                                                                                                                                         |
| 10.19(5)              |   | Lease                    dated August 15, 1999 between Sylvia B. Giustina and Moore Electronics,                    Inc. ("Tenant"), as modified and amended by a Memorandum of Understanding                    effective January 1, 2001, a First Addendum to Lease effective                    August 15,                    2002, a Second Addendum to Lease effective August 15, 2002 and                    a Third                    Addendum to Lease effective April 7, 2005.                                  |
| 14.1(5)               |   | Policy                    on Business Ethics for Directors, Officers and                    Employees.                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 21.1(4)               |   | List                    of Subsidiaries.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 31.1(8)               |   | Certification                    of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350,                    as adopted                    pursuant to Section 302 of the Sarbanes-Oxley Act of                    2002.                                                                                                                                                                                                                                                                                            |
| 31.2(8)               |   | Certification                    of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350,                    as adopted                    pursuant to Section 302 of the Sarbanes-Oxley Act of                    2002.                                                                                                                                                                                                                                                                                            |

----

----

| (1) | Incorporated                        by reference to the Company's Annual Report on Form 10-KSB                        for the year                        ended December 31, 2004, and to the Company's Forms 8-K filed                        on April 14,                        2005 and October 31, 2005. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Incorporated                        by reference to the Company's Registration Statement on Form                        SB-2 (Reg.                        No. 333-65872), declared effective on November 16,                        2001. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Incorporated                        by reference to the Company's Proxy Statement filed on March                        23,                        2004. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Incorporated                        by reference to the Company's Annual Report on Form 10-KSB                        for the year                        ended December 31, 2004. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Incorporated                        by reference to the Company's Form 8-K filed on April 14,                        2005. |
|-----|----------------------------------------------------------------------------------------------------------------------------|

| (6) | Incorporated                        by reference to the Company's Form 8-K filed on April 14,                        2005, to the                        Company's Form 10-QSB for the quarter ended September 30,                        2005 and to the                        Company's Forms 8-K filed on January 4, 2006 and May 23,                        2006. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Incorporated                        by reference to the Company's Form 8-K filed on April 14,                        2005, and to the                        Company's Forms 8-K filed on October 31, 2005, January 4,                        2006 and January                        26, 2006. |
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| (8) | Filed                        herewith. |
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