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Nutrition 21 Announces Financial Results for Q4 of Fiscal 2009 and Full Year Fiscal 2009
Date:10/15/2009

$-- $3,000 Accounts payable 4,439 4,221 Accrued expenses 2,218 2,575 Deferred income 361 1,228 Other long term debt 4,457 4,185 Deferred income taxes 1,200 2,152 6% Series I Convertible preferred stock subject to mandatory redemption -- 3,270 8% Series J Convertible preferred stock subject to mandatory redemption 13,218 11,594 Total Liabilities 25,893 32,225 Stockholders' Equity (DEFICIT) (11,070) 7,401 Total Liabilities, and Stockholders' Equity (DEFICIT) $14,823 $39,626 NUTRITION 21, INC. Consolidated Statements of Operations (In thousands, except share and per share data) (unaudited) Quarter ended Year ended June 30, June 30, 2009 2008 2009 2008 Net sales $5,343 $10,906 $39,257 $46,363 Other revenues 105 139 348 708 Total Revenues 5,448 11,045 39,605 47,071 Costs and Expenses Cost of Revenues 3,233 3,415 16,397 17,609 Advertising & Promotion General and Administrative 3,8961,141 5,3391,429 17,7073,883 33,4786,197 Research and Development 98 110 364 954 Depreciation and Amortization 196 551 1,106
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SOURCE Nutrition 21, Inc.
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