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Avitar Reports Fourth Quarter and Fiscal Year 2007 Financial Results
Date:12/28/2007

(600) (2,733) (2,893)

Other Income (Expenses) (121) 348 530 (656)

Loss from Continuing

Operations (717) (252) (2,203) (3,549)

Discontinued Operations:

Loss from the

operations of BJR (1) (195) (57) (274)

Income from the

Disposal of USDTL - - - 120

Loss from

Discontinued

Operations (1) (195) (57) (154)

Net Loss $(718) $(447) $(2,260) $ (3,703)

Basic and Diluted Loss

Per Share From

Continuing Operations $(0.02) $(0.05) $(0.09) $(0.77)

Basic and Diluted Net

Loss Per Share $(0.02) $(0.08) $(0.09) $(0.80)

Weighted Average

Number of Shares and

Common Equivalent

Shares Outstanding 37,341,177 6,482,942 26,479,234 4,850,608

Selected Balance Sheet

Items-9/30/07:

Cash $94

Total Assets 1,748

Total Liabilities 8,377

Redeemable

Convertible

Preferred Stock 3,216

Shareholders' Deficit (9,846)


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SOURCE Avitar, Inc.
Copyright©2007 PR Newswire.
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