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Crdentia Announces 2007 Fourth Quarter Results
Date:4/1/2008

- -

Loss from continuing operations (2,644,869) (13,746,489)

Income from discontinued operations - 106,717

Net loss attributable to common

stockholders $(2,644,869) $(13,639,772)

Net loss per share - basic and diluted:

Loss from continuing operations $(0.06) $(0.99)

Income from discontinued operations - 0.01

Basic and diluted loss per common

share attributable to common stockholders $(0.06) $(0.98)

Weighted average number of common

shares outstanding 44,288,419 13,913,454

Crdentia Corp.

Consolidated Balance Sheets

December 31, December 31,

2007 2006

Current assets:

Cash and cash equivalents $94,470 $198,068

Accounts receivable, net of

allowance for doubtful accounts of

$961,160 and $450,000, respectively 6,081,131 5,776,473

Other current assets 1,748,315 700,524

Total current assets 7,923,916 6,675,065

Property and equipment, net 344,212 469,396

Goodwill 15,063,047 14,532,917

Intangible assets, net 1,272,164 1,581,954

Other assets 243,969 628,764

Total assets $24,847,308 $23,888,096

Current liabilities:

Revolving lines of credit $4,355,338 $6,412,029

Accounts payable and accrued expen
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SOURCE Crdentia Corp.
Copyright©2008 PR Newswire.
All rights reserved

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