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BMP Sunstone Reports Third Quarter 2008 Financial Results
Date:11/10/2008

) (1,590) (47) (4,770) (90)

Debt Issuance Cost Amortization (210) -- (630) --

Equity Method Investment Gain -- -- 996 --

Other Income -- 71 -- 71

Total Other Income (Expense) (1,794) 196 (4,336) 422

Loss Before Provision For Income

Taxes (29) (1,799) (2,363) (5,045)

Provision For Income Taxes 787 -- 2,198 --

Net Loss $(816) $(1,799) $(4,561) $(5,045)

Basic and Fully-Diluted Loss Per

Share $(0.02) $(0.06) $(0.12) $(0.19)

Basic and Fully-Diluted

Weighted-average Shares

Outstanding 39,650 28,394 38,070 27,247

BMP Sunstone Corporation and Subsidiaries

Condensed Consolidated Balance Sheets

($ amounts in thousands)

(Unaudited)

September 30, December 31,

2008 2007

Assets

Current Assets:

Cash and Cash Equivalents $3,787 $22,837

Restricted Cash 1,297 1,297

Notes Receivable 15,441 --

Accounts Receivable, net of allowance

for doubtful accounts of $51 and $44 33,763 11,707

Inventory, net of allowance for

obsolescence of $0 11,321 2,897

Due from Related Party 3,298 --

Other Receivables 1,795 1,379

VAT Receivable
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SOURCE BMP Sunstone Corporation
Copyright©2008 PR Newswire.
All rights reserved

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