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Uroplasty Reports Record Sales for Third Fiscal Quarter and Nine Months Ended December 31, 2007
Date:2/11/2008

unaudited)

Assets

Cash, cash equivalents and short-term

investments $10,307,261 $6,763,702

All other current assets 2,877,962 2,449,081

Property, plant, and equipment, net 1,553,000 1,431,749

Intangible assets, net 4,426,101 308,093

Deferred tax assets 96,399 93,819

Total assets $19,260,723 $11,046,444

Liabilities and Shareholders' Equity

Total current liabilities 2,477,318 2,005,608

Long-term debt - less current maturities 405,761 427,382

Deferred rent - less current portion 189,329 214,381

Accrued pension liability 346,838 596,026

Total liabilities 3,419,246 3,243,397

Total shareholders' equity 15,841,477 7,803,047

Total liabilities and shareholders'

equity $19,260,723 $11,046,444

UROPLASTY, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Nine Months Ended December 31, 2007 and 2006

(Unaudited)

Nine Months Ended

December 31,

2007 2006

Cash flows from operating activities:

Net loss $(3,125,695) $(3,963,386)

Adjustments to reconcile net loss to

net cash used in operating activities:

Depreciation and amortization 796,748 223,048

Gain on disposal of equipment (2,769)
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SOURCE Uroplasty, Inc.
Copyright©2008 PR Newswire.
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