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Spectral announces second quarter 2009 results
Date:8/13/2009

008 ------------------------------------------------------------------------- (in thousands of dollars, except share and per share data) 3 Months Ended 6 Months Ended June 30 June 30 2009 2008 2009 2008 $ $ $ $ Sales 776 785 1,618 1,449 Cost of sales 166 189 350 389 ----------------------- ----------------------- Gross margin 610 596 1,268 1,060 ----------------------- ----------------------- Operating expenses Selling, general and administrative 927 774 1,818 1,566 Amortization 159 164 323 318 Foreign exchange loss 84 7 52 2 Stock-based compensation - 22 - 43 Research and product development, net of tax credits 16 11 36 25 ----------------------- ----------------------- 1,186 978 2,229 1,954 ----------------------- ----------------------- Loss before the following (576) (382) (961) (894) Interest expense on convertible notes payable (41) (41) (82) (82) Other net investment (loss) income (84) 4 (62) 109 ----------------------- ----------------------- Loss and comprehensive
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SOURCE Spectral Diagnostics Inc.
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