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AtriCure Reports Third Quarter 2007 Financial Results
Date:11/6/2007

operating activities (7,812,192) (9,984,069)

Cash flows from investing activities:

Purchases of property &

equipment, net (2,268,489) (1,378,541)

Proceeds from sale of property &

equipment - 20,000

Purchases of available-for-sale

securities (3,964,561) (5,482,883)

Maturities of available-for-sale

securities 4,608,000 5,365,000

Cash paid for acquisition (3,337,103) -

Net cash used in

investing activities (4,962,153) (1,476,424)

Cash flows from financing activities:

Payments on long-term debt and

capital leases (292,792) (275,468)

Proceeds from stock option exercises 169,873 83,843

Net proceeds from private

placement of common shares 15,317,002 -

Net cash provided by

(used in) financing

activities 15,194,083 (191,625)

Effect of exchange rate changes on cash (79,882) 35,291

Net increase (decrease) in cash and

cash equivalents 2,339,856 (11,616,827)

Cash and cash equivalents - beginning

of period 14,890,383 27,432,948

Cash and cash equivalents - end of

period $17,230,239 $15,816,121


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SOURCE AtriCure, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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