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Derma Sciences Reports Fourth Quarter, Year-End Results for 2008
Date:4/1/2009

lencaron.com>r.barrio@allencaron.com (212) 691-8087 Brian Kennedy (Media) brian@allencaron.com (212) 691-8087 -FINANCIAL TABLES FOLLOW- DERMA SCIENCES, INC. AND SUBSIDIARIES Consolidated Statements of Operations Three months ended December 31 (Unaudited) 2008 2007 Net Sales $12,558,067 $10,651,944 Cost of sales 8,148,059 7,231,758 Gross Profit 4,410,008 3,420,186 Operating expenses Selling, general and administrative 4,277,737 3,968,259 Research and development 414,127 868,069 Total operating expenses 4,691,864 4,836,328 Operating loss (281,856) (1,416,142) Other expense, net: Interest expense 191,405 270,605 Loss on debt extinguishment - 256,628 Other expense, net 44,426 35,699 Total other expense, net 235,831 562,932 Loss before provision for income taxes (517,687) (1,979,074) Provision for income taxes 62,355 66,869 Net Loss $(580,042) $(2,045,943) Net loss per common share - basic and diluted $(0.01) $(0.07) Shares used in computing net loss per common share - basic and diluted 40,140,743 30,289,386
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SOURCE Derma Sciences, Inc.
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