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InfuSystem Holdings Provides Business Update and Comments on First Quarter 2008 Financial Results
Date:5/12/2008

(2,025)

Provision for doubtful accounts 861 -

Depreciation 1,004 -

Amortization of intangible assets 457 -

Amortization of deferred debt

issuance costs 180 -

Loss on disposal of assets 225 -

Interest Income on Investments Held

in Trust - (1,147)

Stock-based compensation - 615

Changes in current assets and liabilities:

Decrease (increase) in accounts receivable 187 -

Decrease (increase) in prepaid

expenses and other current assets 803 154

Increase (decrease) in accounts

payable and other current liabilities 140 354

NET CASH PROVIDED BY (USED IN)

OPERATING ACTIVITIES 3,423 (273)

INVESTING ACTIVITIES

Payment of deferred acquisition costs (97) (92)

Capital Expenditures (447) -

NET CASH USED IN INVESTING ACTIVITIES (544) (92)

FINANCING ACTIVITIES

Payments on term loan (409) -

NET CASH (USED IN) PROVIDED BY

FINANCING ACTIVITIES (409) -

Net change in cash and cash equivalents 2,470 (365)

Cash and cash equivalents, beginning

of period 3,960 427

Cash and cash equivalents, end of period 6,430 62

SUPPLEMENTAL DISCLOSURES

Cash paid for interest (including

swap payments/proceeds, $778 $-

and excluding capitalized interest)

Cash paid for income taxes $442 $169

NON-CASH TRANSACTIONS

Additions to property (a) $53
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SOURCE InfuSystem Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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