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Crdentia Announces 2007 Fourth Quarter Results

al results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Crdentia undertakes no obligation to revise or update publicly any forward-looking statements for any reason.


Crdentia Corp.

John Kaiser, CEO

Phone: 972.850.0780

Fax: 972.392.2722

Jim TerBeest, CFO

Phone: 972.850.0780

Fax: 972.392.2722

Crdentia Corp.

Unaudited Consolidated Statements of Operations

Three Months Ended

December 31,

2007 2006

Revenue from services $9,806,540 $8,531,970

Direct operating expenses 7,578,479 6,912,624

Gross profit 2,228,061 1,619,346

Operating expenses:

Selling, general, and

administrative expenses 4,305,809 3,924,497

Loss on impairment of intangibles - 10,000,000

Gain from settlement of claims 80,706 100,075

Gain from extinguishment of debt - 524,213

Total operating expenses 4,386,515 14,548,785

Loss from continuing operations

before interest and taxes (2,158,454) (12,929,439)

Interest expense, net (486,415) (817,050)

Loss from continuing operations

before income taxes (2,644,869) (13,746,489)

Income tax expense

SOURCE Crdentia Corp.
Copyright©2008 PR Newswire.
All rights reserved

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