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AtriCure Reports Record Second Quarter 2008 Financial Results
Date:8/5/2008

$(0.56)

Weighted average

shares outstanding:

Basic and diluted 14,184,973 12,943,884 14,167,468 12,622,937

ATRICURE, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

June 30, December 31,

2008 2007

Assets

Current assets:

Cash and cash equivalents $10,023,442 $13,000,652

Short-term investments 1,895,462 7,006,041

Accounts receivable 9,458,302 7,189,512

Inventories 5,847,802 5,266,155

Other current assets 1,228,197 1,400,163

Total current assets 28,453,205 33,862,523

Property and equipment, net 4,454,900 4,466,060

Intangible assets 709,903 850,653

Goodwill 6,763,259 6,763,259

Other assets 227,382 129,001

Total assets $40,608,649 $46,071,496

Liabilities and stockholders' equity

Current liabilities:

Accounts payable and accrued

liabilities $7,244,994 $8,413,656

Current maturities of debt and

capital lease obligations 445,434 825,146

Total current liabilities 7,690,428 9,238,802

Long-term debt and capital lease

obligations 125,953 282,475

Other liabilities 326,866 313,717

Total liabilities
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SOURCE AtriCure, Inc.
Copyright©2008 PR Newswire.
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