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Orchid Cellmark Reports Third Quarter 2008 Financial Results
Date:10/30/2008

September 30, 2008 and December 31, 2007

(In thousands)

(Unaudited)

September 30, December 31,

2008 2007

Assets:

Current assets

Cash and cash equivalents $15,857 $20,918

Accounts receivable, net 11,319 9,516

Inventory 1,497 1,443

Prepaids and other current assets 2,041 2,151

Total current assets 30,714 34,028

Fixed assets, net 6,399 7,440

Goodwill 9,558 9,519

Other intangibles, net 8,185 9,694

Restricted cash - 958

Other assets 487 490

Total assets $55,343 $62,129

Liabilities and Stockholders' Equity:

Current liabilities

Accounts payable $2,668 $2,027

Accrued expenses and other current

liabilities 4,297 4,611

Income taxes payable - 543

Short-term debt and current portion of

long-term debt 385 428

Deferred revenue 852 964

Total current liabilities 8,202 8,573

Other liabilities 284 1,123

Total liabilities 8,486
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SOURCE Orchid Cellmark Inc.
Copyright©2008 PR Newswire.
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