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Cumberland Pharmaceuticals Reports Second Quarter 2009 Financial Results
Date:8/27/2009

749 shares issued and outstanding 2,604,070 2,604,070 Common stock - no par value; 100,000,000 shares authorized; 9,903,047 and 10,475,693(1) shares issued and outstanding as of December 31, 2008 and June 30, 2009, respectively 13,500,034 14,331,181 Retained earnings 1,450,711 2,964,672 --------- --------- Total shareholders' equity 17,554,815 19,899,923 ---------- ---------- Noncontrolling interests - (20,695) --- ------- Total equity 17,554,815 19,879,228 ---------- ---------- Total liabilities and equity $31,119,187 $33,347,739 (1) Number of shares issued and outstanding represents total shares of common stock regardless of classification on the consolidated balance sheet. The number of shares of redeemable common stock at June 30, 2009 was 42,000. CUMBERLAND PHARMACEUTICALS INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) Three months ended Six months ended June 30, June 30, -------------------- --------------------- 2008 2009 2008 2009 ---- ---- ---- ---- Net revenues $8,357,532 $9,820,613 $16,661,359 $19,225,212 Costs and expenses:
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