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Crdentia Announces 2008 First Quarter Results
Date:5/21/2008

nty in government regulation of the healthcare industry; and the limited public market for the Company's common stock. The actual 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.

Contact Crdentia Corp.

John Kaiser, CEO

Phone: 972.850.0780

Fax: 972.392.2722

jkaiser@crdentia.com

Jim TerBeest, CFO

Phone: 972.850.0780

Fax: 972.392.2722

jterbeest@crdentia.com

Crdentia Corp.

Unaudited Condensed Consolidated Statements of Operations

Three Months Ended March 31,

2008 2007

Revenue from services $10,579,387 $8,097,329

Direct operating expenses 8,268,533 6,385,179

Gross profit 2,310,854 1,712,150

Selling, general, and administrative expenses 3,848,356 6,291,043

Loss from continuing operations before

interest and taxes (1,537,502) (4,578,893)

Interest expense, net (764,456) (2,106,786)

Loss from continuing operations before

income taxes (2,301,958) (6,685,679)

Income tax expense - -

Loss from continuing operations (2,301,958) (6,685,679)

Income from discontinued operations - 96,599

Net loss $(2,301,958) $(6,589,080)

Net loss per share - ba
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SOURCE Crdentia Corp.
Copyright©2008 PR Newswire.
All rights reserved

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