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Spectral announces 2007 financial results
Date:3/7/2008

3,167 2,395

Amortization 588 580

Foreign exchange loss 102 34

Stock-based compensation 117 358

Research and product development,

net of tax credits (59) (239)

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3,915 3,128

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Loss before the following (1,725) (1,542)

Interest expense on convertible notes payable (165) (288)

Other net interest income 224 197

Gain on settlement of convertible

notes payable - 5,363

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Net (loss) income and comprehensive (loss)

income for the period (1,666) 3,730

Deficit - Beginning of period (1,021) (103,671)

Restatement of capital - 98,920

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Deficit - End of period (2,687) (1,021)

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Basic (loss) earnings per common share (0.07) 0.16

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Diluted (loss) earnings per common share (0.07)
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SOURCE Spectral Diagnostics Inc.
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