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Cardiogenesis Reports Fourth Quarter and Full-Year 2009 Results
Date:3/3/2010

(unaudited) (audited) Net revenues $3,132 $2,431 $10,354 $12,150 Cost of revenues 500 650 1,807 2,239 --- --- ----- ----- Gross profit 2,632 1,781 8,547 9,911 ----- ----- ----- ----- Operating expenses: Research and development 318 271 1,331 904 Sales and marketing 1,454 1,629 5,558 6,487 General and administrative 401 436 2,776 2,840 --- --- ----- ----- Total operating expenses 2,173 2,336 9,665 10,231 ----- ----- ----- ------ Operating income (loss) 459 (555) (1,118) (320) Other income (expense): Interest expense (1) (1) (36) (23) Interest income - 4 3 59 Other non-operating expense (43) - (63) - --- --- --- --- Total other income (expense), net (44) 3 (96) 36 --- --- --- --- Income (loss) before income taxes 415 (552) (1,214) (284) Provision for income taxes 6 21 20 31 --- --- --- --- Net income (loss) $409 $(573) $(1,234) $(315) ==== ===== ======= ===== Net earnings (loss) per share: Basic and Diluted
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