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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.
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Related medicine news :

1. Wasserman Morris Initiates Research Coverage on Crdentia
2. Crdentia Appoints Randall Turnbull to Senior Vice President and Chief Clinical Officer
3. Crdentia Selected by Leading Staffing Vendor to Provide Health Care Staffing Services to One of the Largest Hospital Chains in the U.S.
4. Crdentia Announces Completion of $10.2 Million Long-Term Debt Financing
5. Investor Insight Initiates Analyst Coverage on Crdentia
6. Crdentia Promotes Kevin Bollin to Area Manager of Austin, Dallas and San Antonio, Texas, Markets
7. Crdentia Appoints Charlie Mayhone to Director of Operations for its National Travel Division and Charlotte, North Carolina Market
8. Crdentia Appoints Debbie Griffith to Director of Business Development, Reporting Directly to CEO
9. Crdentia Announces Promotion of Penny Kirsch to Vice President of Human Resources
10. Crdentia Announces Appointment of Tim Jones to Senior Management Team
11. Crdentia Announces Completion of $5M Financing
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