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NutraCea Announces Third Quarter 2008 Financial Results
Date:11/7/2008

n currency cumulative

translation adjustment 43,000 -

Total shareholders' equity 120,634,000 116,597,000

Total liabilities and

shareholder's equity $140,849,000 $124,293,000

NUTRACEA AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS

(Unaudited)

Three Months Three Months Nine Months Nine Months

Ended Ended Ended Ended

September 30, September 30, September 30, September 30,

2008 2007 2008 2007

Revenues

Product sales, net

discounts $11,193,000 $3,048,000 $26,563,000 $13,031,000

Less sales

returns - (1,551,000) (119,000) (1,551,000)

Licensing and

royalty revenue 8,000 23,000 39,000 5,033,000

Total revenues 11,201,000 1,520,000 26,483,000 16,513,000

Cost of sales 8,704,000 1,635,000 20,775,000 6,611,000

Gross profit (loss) 2,497,000 (115,000) 5,708,000 9,902,000

Operating expenses

Research and

development

expenses 266,000 155,000 1,268,000 446,000

Selling, general

and administrative

expenses 6,484,000 4,576,000 17,534,000 12,546,000

Professional fees 303,000 747,000 3,385,000 2,742,000

Total operating

expenses 7,053,000 5,478,000 22,187,000 15,734,000

(Loss) from

operations (4,556,000) (5,593,000) (16,479,000) (5,832,000)

Other income

(expense)

Interest income 176,000 778,000 597,000 2,167,000

Interest expe
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SOURCE NutraCea
Copyright©2008 PR Newswire.
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