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

,881,313 3,212,551

Intellectual property 2,876,325 15,194,606

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50,312,095 54,474,961

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LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Bank indebtedness 6,476,288 -

Accounts payable and accrued liabilities 14,410,438 10,201,378

Fair value of derivative financial instruments 41,175 -

Current portion of long-term debt 1,236,032 -

Current portion of deferred revenue 615,546 491,683

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Total current liabilities 22,779,479 10,693,061

Long-term debt 22,927,229 22,399,317

Deferred revenue 294,169 228,774

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Total liabilities 46,000,877 33,321,152

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Commitments and contingencies

Shareholders' equity

Capital stock 181,041,609 180,655,193

Contributed surplus 9,215,635 7,469,343

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

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Total shareholders' equity 4,311,218 21,153,809

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SOURCE CryoCath Technologies Inc.
Copyright©2007 PR Newswire.
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