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Thermage Announces First Quarter 2008 Financial Results
Date:5/8/2008

ministrative 4,552 2,683

Total operating expenses 14,705 11,523

Loss from operations (2,832) (520)

Interest and other income 603 586

Income (loss) before income taxes (2,229) 66

Provision for income taxes (8) (7)

Net income (loss) $(2,237) $59

Net income (loss) per share - basic &

diluted $(0.09) $0.00

Weighted average shares outstanding

used in calculating net income

(loss) per common share:

Basic 23,630,842 22,978,331

Diluted 23,630,842 24,792,543

Thermage, Inc.

NON-GAAP RECONCILIATION OF OPERATING INCOME (LOSS), NET INCOME (LOSS) AND

NET INCOME (LOSS) PER SHARE

(in thousands, except share and per share data)

(unaudited)

Three Months Ended

March 31,

2008 2007

GAAP loss from operations $(2,832) $(520)

Non-GAAP adjustments to loss from operations:

Stock-based compensation (c) 979 1,261

Non-GAAP income (loss) from operations $(1,853) $741

GAAP net income (loss) $(2,237) $59

Non-GAAP adjustments to net income (loss):

Stock-based compensation (c) 979 1,261

Non-GAAP net income (loss)
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SOURCE Thermage, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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