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Digirad Corporation Reports Financial Results for First-Quarter 2008

ization of intangible assets 190 6

Total operating expenses 6,112 5,858

Loss from operations (1,699) (416)

Interest income, net 306 464

Other income (expense) (2) 26

Net income (loss) $(1,395) $74

Net income (loss) per share:

Basic and diluted $(0.07) $0.00

Weighted average shares outstanding:

Basic 18,931 18,815

Diluted 18,931 19,200

Stock-based compensation expense is

included in the above as follows:

Cost of DIS revenue $17 $25

Cost of Product revenue 11 26

Research and development 13 23

Sales and marketing 24 50

General and administrative 115 150

Digirad Corporation

Condensed Consolidated Balance Sheets(1)

(in thousands)

March 31, December 31,

2008 2007



Cash and cash equivalents $15,568 $14,922

Securities available-for-sale 8,304 16,740

Accounts receivable, net 9,772 8,536

Inventories, net 5,804 5,455

Other current assets 2,133 1,786

Total current

SOURCE Digirad Corporation
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