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Strategic Diagnostics Reports Fourth Quarter and Full-Year Financial Results


Loss on disposal of fixed assets 93 42

(Increase) decrease in :

Receivables (432) (436)

Inventories (1,026) 34

Other current assets (29) (130)

Other assets (15) 26

Increase (decrease) in :

Accounts payable 28 77

Accrued expenses 411 16

Deferred Revenue (128) (74)

Non-current taxes payable 130 -

Net cash provided by operating activities 2,301 1,667

Cash Flows from Investing Activities :

Purchase of property and equipment (2,484) (1,023)

Purchase of intangible assets - (117)

Proceeds from sale / disposal of assets 2 29

Net cash used in investing activities (2,482) (1,111)

Cash Flows from Financing Activities :

Proceeds from exercise of incentive stock options 538 389

Proceeds from employee stock purchase plan 36 20

Proceeds from long and short term debt 2,000 -

Repayments on financing obligations (311) (211)

Net cash provided by financing activities 2,263 198

Effect of exchange rate changes on cash 14 129

Net increase (decrease) in Cash and Cash

Equivalents 2,096 883

Cash and Cash Equivalents, Beginning of Period 10,892 10,009

Cash and Ca

SOURCE Strategic Diagnostics Inc.
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