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Nuvo Announces 2009 second quarter financial results
Date:8/7/2009

(131) (43) (315) ------------------------------------------------------------------------- 2,921 3,948 7,702 7,371 ------------------------------------------------------------------------- Net Loss and total comprehensive loss (1,664) (2,864) (4,532) (5,135) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Net loss per common share - basic and diluted (0.01) (0.01) (0.01) (0.02) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Average number of common shares outstanding - basic and diluted (millions) 352.6 303.1 336.2 301.3 ------------------------------------------------------------------------- ------------------------------------------------------------------------- NUVO RESEARCH INC. CONSOLIDATED STATEMENTS OF CASH FLOWS Three-months Six-months ended ended June 30, June 30, June 30, June 30, Unaudited 2009 2008 2009 2008 (thousands of Canadian dollars) $ $ $ $ ------------------------------------------------------------------------- OPERATING ACTIVITIES Net loss (1,664) (2,864) (4,532) (5,135) Items not involving current cash flows: Amortization 148 207 297 412 Deferred revenue recognized (560) (450) (1,120) (711)
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SOURCE Nuvo Research Inc.
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