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BioSpecifics Technologies Corp. Reports Fourth Quarter and Full Year 2008 Financial Results
Date:3/30/2009

mputation of basic net income (loss) per share 6,007,736 5,336,814 5,854,836 5,291,506 ========= ========= ========= ========= Shares used in computation of diluted net income (loss) per share 6,989,811 5,336,814 6,836,911 5,291,506 ========= ========= ========= ========= BioSpecifics Technologies Corp. Selected Consolidated Balance Sheet Data (Unaudited) December 31 ----------- 2008 2007 ---- ---- Cash and cash equivalents $3,494,150 $68,564 Short-term investments 900,000 975,000 Accounts receivable, net 6,952,781 108,809 Working capital 9,422,245 (1,616,736) Total assets 12,831,361 1,261,211 Long-term liabilities 4,660,427 5,154,602 Total stockholders' equity (deficit) 6,178,539 (6,735,658)


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