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Encorium Reports Second Quarter 2009 Financial Results
Date:8/24/2009

,802 13,288,806 Operating Expenses Direct 3,421,073 3,796,212 6,364,975 7,506,880 Reimbursement out-of-pocket expenses 799,315 1,059,297 1,915,366 1,968,736 Selling, general and administrative 2,238,562 2,546,593 4,320,868 4,800,827 Depreciation and amortization 92,877 240,229 183,375 780,275 Total Operating Expenses 6,551,827 7,642,331 12,784,584 15,056,718 Loss from Operations (1,269,249) (665,443) (1,847,782) (1,767,912) Interest Income 1,064 7,287 10,107 12,685 Interest Expense (2,059) (6,299) (14,563) (6,915) Net Interest (Expense) Income (995) 988 (4,456) 5,770 Other expense - - - - Net Loss from continuing operations before Income Taxes (1,270,244) (664,455) (1,852,238) (1,762,142) Income Tax Expense (Benefit) 11 54,766 (7,927) 68,896 Net Loss from continuing operations $(1,270,255) $(719,221) $(1,844,311) $(1,831,038) Net loss from discontinued operations (674,416) (726,230) (295,580) (1,621,793) Income Tax Expense (Benefit) - - - - Net Loss $(1,944,671) $(1,445,451) $(2,139,891) $(3,452,831) Weighted Average Common and Common Equivalent Shares Outstanding Basic 20,523,883 20,603,140 20,523,883 20,603,140 Diluted 20,523,883 20,603,140 20,523,883 20,603,140 Net Loss per Common Share Continuing Operations $ (0.06) $ (0.03)
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SOURCE Encorium Group, Inc.
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