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IRIDEX Reports First Quarter 2009 Financial Results
Date:5/14/2009

===== ===== IRIDEX Corporation Condensed Consolidated Balance Sheets (In thousands) (Unaudited) April 4, January 3, 2009 2009 ---- ---- Assets (unaudited) ------ Current Assets: Cash and cash equivalents $5,662 $5,307 Accounts receivable, net 7,809 8,199 Inventories, net 11,164 11,644 Prepaids and other current assets 516 540 --- --- Total current assets 25,151 25,690 Property and equipment, net 710 832 Other intangible assets, net 1,394 1,474 Other long term assets 310 229 --- --- Total assets 27,565 28,225 ====== ====== Liabilities and Stockholders' Equity ------------------------------------ Current Liabilities: Accounts payable $1,951 $2,415 Bank line of credit 5,477 6,000 Accrued compensation 1,823 1,729 Accrued expenses 2,151 2,249 Accrued warranty
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