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Kensey Nash Reports Strong Second Quarter and First Six Month Fiscal Year 2009 Results
Date:1/28/2009

et 58,404,741 59,598,308 Other non-current assets 8,248,355 8,277,574 --------- --------- Total assets $168,094,872 $162,428,564 ============ ============ Liabilities and Stockholders' Equity Current liabilities: Accounts payable and accrued expenses $7,463,343 $8,972,222 Current portion of debt 1,399,997 1,399,997 Deferred revenue 742,517 601,131 Other Current Liabilities 58,818 686,267 ------ ------- Total current liabilities 9,664,675 11,659,617 --------- ---------- Long term portion of deferred revenue 735,551 304,939 Long term portion of debt 32,083,333 32,783,333 Deferred tax liability, non- current - 420,598 Other non-current liabilities 6,675,477 2,690,421 --------- --------- Total stockholders' equity 118,935,836 114,569,656 ----------- ----------- Total liabilities and stockholders' equity $168,094,872 $162,428,564 ============ ============

Non-GAAP Financial Measures and Reconciliations

We use various numerical measures in conference calls, investor meetings and other forums which are or may be considered "Non-GAAP financial measures" under Regulation G. We have provided below for your reference supplemental financial disclosure for these measures, including the most directly comparable GAAP measure and an associated reconciliation.

                
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