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Reissue with Tables: BioSpecifics Technologies Corp. Reports Third Quarter 2009 Financial Results
Date:11/6/2009

Three months ended Nine months ended September 30, September 30, 2009 2008 2009 2008 ---- ---- ---- ---- Revenues: Net sales $19,089 $13,042 $36,194 $29,841 Royalties 481,197 - 856,597 2,028 Licensing fees 266,282 266,281 1,298,844 798,844 Consulting fees 70,000 70,000 210,000 354,185 --------- --------- --------- --------- Total Revenues 836,568 349,323 2,401,635 1,184,898 Costs and expenses: Research and development 112,920 71,737 352,983 260,440 General and administrative 1,176,885 866,574 3,484,341 2,840,346 --------- --------- --------- --------- Total costs and expenses 1,289,805 938,311 3,837,324 3,100,786 --------- --------- --------- --------- Operating loss (453,237) (588,988) (1,435,689) (1,915,888) Other income (expense): Interest Income 24,140 31,511 28,685 89,314 Interest expense - 46,979 (39) 46,528 Other, net 600 104,203 (8,863) 108,730 --------- --------- --------- --------- 24,740 182,693 19,783 244,572 ------- ------- ------- ------- Loss before benefit for income tax (428,497) (406,295) (1,415,906) (1,671,316) Income tax benefit 46,376 192,287
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