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CardioDynamics Reports Second Fiscal Quarter 2009 Results
Date:7/9/2009

Gross margin 3,767 4,408 7,484 8,395 Research and development 370 370 765 684 Selling and marketing 3,725 3,721 7,295 7,443 General and administrative 816 761 1,589 1,532 Amortization of intangible assets 5 32 31 64 Loss from operations (1,149) (476) (2,196) (1,328) Other expense, net (277) (192) (502) (358) Loss before income taxes and minority interest (1,426) (668) (2,698) (1,686) Minority interest in income of subsidiary (19) (11) (68) (145) Income tax provision (41) (53) (180) (516) Income from discontinued operations - - - 127 Net loss $(1,486) $(732) $(2,946) $(2,220) Net loss per common share: Basic and diluted $(0.20) $(0.10) $(0.40) $(0.31) Weighted-average shares used in per share calculation: Basic and diluted 7,395 7,193 7,345 7,150

    Selected Consolidated Balance Sheet Data
                                                   May 31,       November 30,
                                                    2009             2008
    Cash and cash equivalents                      $4,187           $6,306
    Accounts receivable, net                        3,582            3,918
    Inventory, net                                  1,352            1,490
    Total current assets                            9,445           12,138
    Long-term assets                                3,583            3,428
    Total assets                                   13,028           15,566
    Total current liabilities                       3,912            4,499

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SOURCE CardioDynamics
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