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Uroplasty Reports Third Quarter Fiscal 2009 Results
Date:2/3/2009

4,687 (2,769) Share-based consulting expense 52,567 37,942 Share-based compensation expense 583,013 829,146 Deferred income taxes (11,531) 7,113 Deferred rent (26,250) (26,250) Changes in operating assets and liabilities: Accounts receivable 668,510 (534,542) Inventories (34,427) 64,390 Other current assets and income tax receivable 8,173 191,921 Accounts payable (91,686) 94,198 Accrued liabilities (802,027) 312,158 Accrued pension liability, net (7,585) (247,388) Net cash used in operating activities (668,157) (1,603,028) Cash flows from investing activities: Proceeds from sale of short-term investments 14,157,410 4,200,000 Purchase of short-term investments (7,891,373) (3,648,447) Purchases of property, plant and equipment (181,354) (210,875) Proceeds from sale of equipment - 4,811 Payments for intangible assets (23,282) (92,013) Net cash provided by investing activities 6,061,401 253,476 Cash flows from financing activities: Proceeds from financing obligations - 178,374 Repayment of debt obligations (455,913) (239,872) Net proceeds from issuance of common stock, warrants and option exercise - 5,374,233 Net cash provided by (used in) financing activities (455,913) 5,312,735 Effect of exchange rates
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SOURCE Uroplasty, Inc.
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