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BMP Sunstone Reports First Quarter 2008 Financial Results


Current Assets:

Cash and Cash Equivalents $8,398 $22,837

Restricted Cash 1,297 1,297

Accounts Receivable, net of

allowance for doubtful accounts

of $50 and $44, respectively 27,821 11,707

Inventory, net of allowance for

obsolescence of $0 7,581 2,897

Bills Receivable 14,386 --

Note Receivable 659 659

Due from Related Party 2,169 --

Other Receivables 1,499 720

VAT Receivable 870 828

Prepaid Expenses and Other Current

Assets 4,748 2,444

Total Current Assets 69,428 43,389

Restricted Cash -- --

Property and Equipment, Net 23,355 745

Investment in Hong Kong Health

Care -- 33,126

Investments at cost 142 137

Investment in Alliance BMP 15,093 --

Goodwill 65,953 --

Other Assets 923 3,053

Intangible Assets, net of

accumulated amortization 43,697 473

Total Assets $218,591 $80,923

Liabilities and Stockholders'


Current Liabilities:

Notes Payable

SOURCE BMP Sunstone Corporation
Copyright©2008 PR Newswire.
All rights reserved

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