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

$9,691 $13,650

Marketable investments 40,520 38,707

Accounts receivable, net 6,630 4,809

Inventories, net 6,069 6,639

Prepaid expenses and other current assets 1,870 1,782

Total current assets 64,780 65,587

Property and equipment, net 3,070 3,000

Other assets 139 140

Total assets $67,989 $68,727

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities:

Accounts payable $1,808 $1,341

Accrued liabilities 6,628 6,850

Current portion of deferred revenue 1,582 1,544

Customer deposits 12 18

Total current liabilities 10,030 9,753

Deferred revenue, net of current portion 563 601

Other liabilities 308 255

Total liabilities 10,901 10,609

Stockholders' equity:

Common stock, $0.001 par value:

100,000,000 shares authorized

23,695,617 and 23,605,415 shares issued

and outstanding at March 31, 2008 and

December 31, 2007, respectively 24 24

Additional paid-in capital 100,670 99,588

Deferred stock-based compensation (3) (4)

Accumulated other comprehensive income 143 19

Accumulated deficit (43,746) (41,509)

Total s
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SOURCE Thermage, Inc.
Copyright©2008 PR Newswire.
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