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CryoCath announces 2007 fourth quarter and fiscal year end financial results
Date:12/17/2007

nd write-off of

intellectual property 239,539 324,745

Amortization and write-off of property,

plant, and equipment 1,578,966 1,444,155

Amortization of deferred financing charges 382,877 261,830

Interest on long-term debt 2,532,679 1,291,654

Foreign exchange loss 1,998,222 159,700

Loss on foreign exchange embedded derivatives 41,175 -

Stock-based compensation expense 1,411,608 1,746,169

Other expenses 1,130,796 1,775,401

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53,458,837 51,283,026

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Net loss and other comprehensive loss

before undernoted items (29,242,269) (29,966,462)

Income from manufacturing agreement 258,557 -

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Gain on sale of surgical portfolio 10,028,913 -

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Net loss and other comprehensive loss

before income taxes (18,954,799) (29,966,462)

Income taxes (20,500) -

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Net loss and other comprehensive loss (18,975,299) (29,966,462)

Deficit, beginning of year (166,970,727) (137,004,265)

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Deficit, end of
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SOURCE CryoCath Technologies Inc.
Copyright©2007 PR Newswire.
All rights reserved

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