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Pressure BioSciences, Inc. Reports Record Revenue, Significantly Reduced Operating Loss for the Fourth Quarter of 2008
Date:3/4/2009

rations (Unaudited) For the Three Months Ended December 31, ------------ 2008 2007 ---- ---- REVENUE: PCT Products, services, other $233,256 $118,703 Grant revenue 100,785 55,368 ------- ------ Total revenue 334,041 174,071 ------- ------- COSTS AND EXPENSES: Cost of PCT products and services 133,601 77,492 Research and development 481,435 503,879 Selling and marketing 302,443 399,718 General and administrative 316,662 490,957 ------- ------- Total operating costs and expenses 1,234,141 1,472,046 --------- --------- Operating loss (900,100) (1,297,975) OTHER INCOME: Interest income 1,616 58,784 ----- ------ Total other income 1,616 58,784 Loss before income taxes (898,484) (1,239,191) Income tax benefit - 266,675 ------- ------- Net loss $(898,484) $(972,516) ========= ========= Loss per share - basic
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