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Genoptix Reports Strong Growth for the First Quarter of 2009
Date:4/30/2009

(1,022) (60) Amortization of premium/discount on investment securities (81) (19) Deferred taxes (28) - Loss (gain) on sale of property and equipment 6 (19) Changes in operating assets and liabilities: Accounts receivable (9,999) (6,824) Other current and long-term assets 87 139 Accounts payable and accrued expenses 948 991 Accrued compensation 1,051 (184) Income taxes 3,771 (158) Deferred revenues 479 (27) Deferred rent 1 32 Net cash provided by operating activities 5,281 581 Investing activities: Purchase of property and equipment (1,628) (1,345) Proceeds from sales of property and equipment - 20 Purchase of investment securities (48,099) (47,705) Proceeds from sales and maturities of investment securities 29,344 29,850 Purchase of intangibles (150) - Net cash used in investing activities (20,533) (19,180) Financing activities: Proceeds from issuance of common stock, net 133 134 Excess tax benefits from stock-based compensation awards 1,022 60 Repurchase of restricted stock for payment of taxes (328) - Costs paid in connection with public offerings
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SOURCE Genoptix, Inc.
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