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Communication Intelligence Corporation Reports Third Quarter 2008 Financial Results

tary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.


Selected Consolidated Statement of Operations Information

(Dollars in thousands, except per share amounts)

Three Months Ended Nine Months Ended

(unaudited) (unaudited)

09/30/08 09/30/07 09/30/08 09/30/07

Revenues $ 721 $ 456 $ 1,558 $ 1,345

Net loss $ (755) $ (1,105) $ (2,692) $ (2,755)

Net income (loss)

applicable to $ (776) $ (1,105) $ (3,090) $ (2,755)

common stockholders

Basic and diluted income

(loss) per common share $ (0.01) $ (0.01) $ (0.02) $ (0.03)

Weighted average common

shares outstanding 129,057 111,530 129,057 108,891

Selected Consolidated Balance Sheet Information

(Dollars in thousands)

09/30/08 12/31/07


Cash & cash equivalents $1,276 $1,144

Total current assets $1,998 $1,731

Total assets $7,118 $6,475

Short-term debt (1) $ . $1,370

Deferred revenue (2) $ 266 $ 431

Total current liabilities (3) $1,065 $2,598

Long-term debt related party (4) $2,683

SOURCE Communication Intelligence Corporation
Copyright©2008 PR Newswire.
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