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BioForm Announces Financial Results for Quarter Ended December 31, 2007, Second Quarter of Fiscal 2008
Date:1/31/2008

(unaudited)

Current assets:

Cash and cash equivalents $ 85,751 $ 17,610

Accounts receivable, net of allowance for

doubtful accounts of $681 at

December 31, 2007 and $428 at

June 30, 2007, respectively 9,452 7,725

Inventories 5,782 4,864

Prepaid royalties 1,431 .

Prepaid other 2,025 1,194

Other current assets 398 262

Total current assets 104,839 31,655

Property and equipment, net 7,185 5,741

Prepaid royalties 3,029 .

Other assets 192 103

Total assets $ 115,245 $ 37,499

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $ 2,947 $ 3,754

Deferred revenues 266 446

Accrued royalty expenses 290 869

Other accrued liabilities 6,191 6,686

Capital lease obligations, current portion 32 20

Total current liabilities 9,726 11,775

Capital lease obligations, long-term portion 79 36

Total liabilities 9,805 11,811

Total stockholders' equity 105,440 25,688

Total liabilities and

stockholders' equity $ 115,245 $ 37,499

Contact:

Adam Gridley

650.286.4025

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SOURCE BioForm Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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