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Pacific Biometrics Inc. Reports First Quarter Operating Results
Date:11/16/2009

d convertible debt - (18,447) Amortization of discount on debt (5,958) - Other income (expense) (384) 4,570 --- ----- Total other income (expense) (59,442) 207,635 Net loss before tax expense (273,150) (5,737) ------- ----- Tax expense - - Net loss $(273,150) $(5,737) ========= ======= Net loss per share: $(0.01) $(0.00) ====== ====== Weighted average common shares outstanding, basic and diluted: 18,832,061 18,920,147 ========== ========== The accompanying condensed notes are an integral part of these consolidated financial statements. PACIFIC BIOMETRICS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) Three Months Ended September 30, ------------- 2009 2008 ---- ---- Cash flows from operating activities: Net loss $(273,150) $(5,737) Reconciliation of net loss to net cash provided by operating activities: Depreciation and amortization 75,609 53,469 Accretion of fair value assigned to conversion feature and warrants - 69
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SOURCE Pacific Biometrics, Inc.
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