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

year (185,946,026) (166,970,727)

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Weighted average number of common shares 38,017,065 37,787,825

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Basic loss per share (0.50) (0.79)

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Diluted loss per share (0.50) (0.79)

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Statements of Cash Flows (unaudited)

Years Ended September 30 2007 2006

$ $

OPERATING ACTIVITIES

Net loss and other comprehensive loss

for the year (18,975,299) (29,966,462)

Items not affecting cash

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

Stock-based compensation expense 1,411,608 2,303,723

Interest capitalized on long-term debt 1,732,124 1,291,654

Amortization and write-off of consoles

at customers' premises 1,004,442 2,281,775

Amortization and write-off of property,

plant, and equipment 2,717,030 1,913,292

Amortization and write-off of

intellectual property 1,586,742 1,819,389

Amortization of deferred financing charges 382,877 26
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SOURCE CryoCath Technologies Inc.
Copyright©2007 PR Newswire.
All rights reserved

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