March 31 December 31
Condensed Consolidated Balance Sheets 2008 2007
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Cash and cash equivalents $ 23,227 $ 17,841
Current assets 34,460 37,618
Total assets 47,488 51,299
Current liabilities 3,313 3,828
Non-current liabilities 670 726
Shareholders' equity 43,505 46,745
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Three Months Ended March 31
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Other Data 2008 2007
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Revenue
Wound care product revenue $ 6,314 $ 5,234
Manufacturing cost rebate (1,125) -
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Total revenue $ 5,189 $ 5,234
Manufacturing costs $ 4,100 $ 3,148
Gross margin $ 1,089 $ 2,086
Gross margin percent 21.0% 39.9%
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