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Endocare Reports Financial Results for Second Quarter 2008
Date:8/6/2008

nts $4,804 $7,712

Accounts receivable, net 4,494 3,530

Inventories, net 3,286 3,022

Prepaid expenses and other current assets 520 2,081

Total current assets 13,104 16,345

Property and equipment, net 839 850

Intangibles, net 2,827 3,077

Investments and other assets 1,034 989

Total assets $17,804 $21,261

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $3,028 $2,194

Accrued compensation 2,090 3,895

Other accrued liabilities 3,039 3,034

Line of credit 880 880

Capital lease obligation, current portion 25 28

Total current liabilities 9,062 10,031

Capital lease obligation 75 84

Deferred compensation 234 227

Stockholders' equity:

Preferred stock, $0.001 par value; 1,000 shares

authorized; none issued and outstanding - -

Common stock, $0.001 par value; 50,000 shares

authorized; 11,806 and 11,762 issued and

outstanding as of June 30, 2008 and December 31,

2007, respectively 12 12

Additional paid-in capital 201,898 200,663

Accumulated deficit (193,477) (189,756)

Total stockholders' equity 8,
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SOURCE Endocare, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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