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Nuvo Research announces 2009 fourth quarter and year-end financial results
Date:2/19/2010

general and administrative expenses 6,950 5,204 Stock-based compensation 598 803 Amortization of property, plant, and equipment and intangibles and impairment of intangibles 547 1,068 Foreign currency (gain) loss 689 (93) Interest expense 815 1,283 Interest income (79) (497) ------------------------------------------------------------------------- 18,095 17,031 ------------------------------------------------------------------------- Income (loss) from operations 15,018 (11,113) Change in estimate of contingency - 860 Loss on extinguishment of convertible debenture - (299) ------------------------------------------------------------------------- NET INCOME (LOSS) AND TOTAL COMPREHENSIVE INCOME (LOSS) 15,018 (10,552) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Net income (loss) per common share basic $0.04 $(0.03) diluted $0.04 $(0.03) ------------------------------------------------------------------------- ------------------------------------------------------------------------- Average number of common shares outstanding (millions) basic 363.4 306.3 diluted 400.2 306.3 ------------------------------------------------------------------------- -----------------------
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SOURCE Nuvo Research Inc.
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