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Derma Sciences Reports Fourth Quarter Year-End Results for 2007
Date:4/1/2008

penses

Selling, general and administrative 11,885,368 8,339,227

Research and development 993,069 -

Goodwill impairment - 200,000

Total operating expenses 12,878,437 8,539,227

Operating (loss) income (1,274,022) 1,113,161

Other expense (income)

Interest expense 413,992 374,079

Loss on debt extinguishment 256,628 -

Other expense (income) 77,929 (47,998)

Total other expense 748,549 326,081

(Loss) income before provision for income taxes (2,022,571) 787,080

Provision for income taxes 262,034 118,341

Net (Loss) Income $(2,284,605) $668,739

(Loss) income per common share - basic and

diluted $(0.09) $0.03

Shares used in computing (loss) income per

common share - basic 26,523,541 20,591,085

Shares used in computing (loss) income per

common share - diluted 26,523,541 24,409,760


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SOURCE Derma Sciences Inc
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