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ThermoGenesis Corp. Reports 48 Percent Growth in Second Quarter Revenues Year Over Year
Date:2/6/2008

Cash and cash equivalents $3,796,000 $5,730,000

Short term investments 26,695,000 27,649,000

Accounts receivable, net 3,103,000 3,226,000

Inventories, net 5,105,000 5,046,000

Other current assets 211,000 415,000

Total current assets 38,910,000 42,066,000

Equipment, net 1,694,000 1,602,000

Other assets 77,000 122,000

$40,681,000 $43,790,000

LIABILITIES AND STOCKHOLDER'S EQUITY

Current liabilities:

Accounts payable $1,640,000 $2,074,000

Other current liabilities 2,532,000 2,233,000

Total current liabilities 4,172,000 4,307,000

Long-term liabilities 1,327,000 1,671,000

Stockholders' equity 35,182,000 37,812,000

$40,681,000 $43,790,000

THERMOGENESIS CORP.

Condensed Statements of Operations

(Unaudited)

Three Months Ended Six Months Ended

December 31, December 31,

2007 2006 2007 2006

Net revenues $5,487,000 $3,716,000 $9,119,000 $8,021,000

Cost of revenues 3,577,000 2,927,000 6,000,000 5,520,000

Gross profit 1,910,000 789,000 3,119,000 2,501,000

Expenses:

Selling, general

and

administrative 2,357,000 2,300,000 4,777,000 4,612,000

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SOURCE ThermoGenesis Corp.
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