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AMICAS Reports Financial Results for the Fourth Fiscal Quarter and Year Ended December 31, 2008
Date:2/25/2009

licenses and system sales, including amortization of software costs of $572, $489, $2,204, and $1,957, respectively 1,420 1,326 7,000 6,486 Selling, general, and administrative (b) 5,348 5,662 20,512 21,810 Research and development (c) 2,143 2,115 8,657 8,527 Depreciation and amortization 249 284 1,084 1,119 Impairment charges 27,490 - 27,490 - 40,789 13,521 82,422 54,411 Operating loss (29,097) (1,869) (32,069) (4,523) Interest income 406 991 2,187 3,870 Loss on sale of investments - - (31) - Loss before provision for income taxes (28,691) (878) (29,913) (653) Provision for income taxes 7 24 158 209 Net loss $(28,698) $(902) $(30,071) $(862) (Loss) income per share Basic: $(0.81) $(0.02) $(0.77) $(0.02) Diluted: $(0.81) $(0.02) $(0.77) $(0.02) Weighted average number of shares outstanding Basic 35,329 44,746 38,842 44,657 Diluted 35,329 44,746 38,842 44,657 (a) - includes $31,000, $30,000, $138,000, and $107,000 in stock-based compensation expense for the three and twelve months ended December 31, 2008, and December 31, 2007, respectively. (b) - includes $0.3 million, $0.2 million, $1.0 million, and $1.5 million in stock-based compensation expense for the three and twelve months ended December 31, 2008, and December 31, 2007, respectivel
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