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SCM Microsystems Reports Third Quarter 2009 Results
Date:11/16/2009

nded September 30, September 30, 2009 2008 2009 2008 ---- ---- ---- ---- Net revenue $13,334 $6,393 $29,450 $19,377 Cost of revenue 6,940 3,483 15,371 10,961 ----- ----- ------ ------ Gross profit 6,394 2,910 14,079 8,416 ----- ----- ------ ----- Operating expenses: Research and development 1,518 980 3,776 3,058 Selling and marketing 4,653 2,280 10,635 7,010 General and administrative 2,978 1,697 7,665 4,718 Gain on sale of assets (1,168) - (1,417) - ------- --- ------- --- Total operating expenses 7,981 4,957 20,659 14,786 ----- ----- ------ ------ Loss from operations (1,587) (2,047) (6,580) (6,370) Loss on equity investments (225) - (795) - Interest and other income (expense), net (71) (1,117) (5) (293) ---- ------- --- ----- Loss from continuing operations before income taxes (1,883) (3,164) (7,380) (6,663) Benefit (provision) for income taxes (434) (103) 1,307 (151) ----- ----- ----- ----- Loss from continuing operations (2,317) (3,267) (6,073) (6,814) Gain (loss) from discontinued operations, net of income taxes 39 424 190
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SOURCE SCM Microsystems, Inc.
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