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AMICAS Reports Financial Results for the Second Quarter Ended June 30, 2008
Date:8/4/2008

670 3,942 3,189

Selling, general, and

administrative (b) 5,282 5,480 10,284 10,857

Research and

development ( c ) 2,195 2,278 4,390 4,300

Depreciation and

amortization 277 264 552 536

14,177 13,886 28,129 27,068

Operating loss (602) (1,384) (1,766) (2,133)

Interest income 572 930 1,361 1,887

Loss on sale of investments - - (31) -

Loss before provision

for income taxes (30) (454) (436) (246)

Provision for income taxes 67 26 128 88

Net loss $(97) $(480) $(564) $(334)

Loss per share

Basic: $(0.00) $(0.01) $(0.01) $(0.01)

Diluted: $(0.00) $(0.01) $(0.01) $(0.01)

Weighted average number

of shares outstanding

Basic 40,740 44,568 42,188 44,559

Diluted 40,740 44,568 42,188 44,559

(a) - includes $35,000, $27,000, $70,000, and $48,000 in stock-based

compensation expense for the three and six months ended June 30,

2008, and June 30, 2007, respectively.

(b) - includes $50,000, $0.4 million, $0.3 million, and $0.9 million in

stock-based compensation expense for the three and six months

ended June 30, 2008, and June 30, 2007, respectively.

( c ) - includes $100,000, $71,000, $213,000, and $133,000 in stock-based

compensation expense for the three and six months ended June 30,

2008, and June 30, 2007, respectively.


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SOURCE AMICAS, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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