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

on cash and cash equivalents (255,095) 131,929 Net increase in cash and cash equivalents 4,682,236 4,095,112 Cash and cash equivalents at beginning of period 3,880,044 3,763,702 Cash and cash equivalents at end of period $8,562,280 $7,858,814 Supplemental disclosure of cash flow information: Cash paid during the period for interest $13,612 $25,204 Cash paid during the period for income taxes 53,739 87,900 Supplemental disclosure of non-cash financing and investing activities: Purchase of intellectual property funded by issuance of stock $ - $4,658,861

Non-GAAP Financial Measures: The following table reconciles our financial results calculated in accordance with accounting principles generally accepted in the U.S. (GAAP) to non-GAAP financial measures that exclude non-cash charges for share-based compensation under SFAS 123(R), and depreciation and amortization expenses from gross profit, operating expenses and operating loss. The non-GAAP financial measures used by management and disclosed by us are not a substitute for, or superior to, financial measures and consolidated financial results calculated in accordance with GAAP, and you should carefully evaluate our reconciliations to non-GAAP. We may calculate our non-GAAP financial measures differently from similarly titled measures used by other companies. Therefore, our non-GAAP financial measures may not be comparable to those used by other companies. We have described the reconciliations of each of our non-GAAP financial measures above to the most directly comparable GAAP financial measures.

We use these non-GAAP financial measures, and in particular non-GAAP operating loss, for i
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SOURCE Uroplasty, Inc.
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