Palomar Medical Reports Financial Results for Second Qu...($0.04 $(0.09) $(0.01) ...),Health

Date:7/30/2009

$0.04 $(0.09) $(0.01) ====== ===== ====== ====== Diluted $(0.01) $0.04 $(0.09) $(0.01) ====== ===== ====== ====== Weighted average number of shares outstanding: Basic 18,049,402 18,151,396 18,054,485 18,137,680 ========== ========== ========== ========== Diluted 18,049,402 18,432,016 18,054,485 18,137,680 ========== ========== ========== ========== Consolidated Balance Sheets (Unaudited) June 30, December 31, 2009 2008 ---- ---- Assets Current assets: Cash and cash equivalents $123,215,400 $122,601,139 Available-for-sale securities 650,000 - Accounts receivable, net 5,220,697 6,395,364 Inventories 12,948,722 16,045,725 Deferred tax assets 4,893,353 4,149,583 Other current assets 2,479,120 2,613,003 --------- --------- Total current assets 149,407,292 151,804,814 ----------- ----------- Marketable securities, at fair value 4,137,730 4,486,834 Property and equipment, net 23,306,903 14,225,397 Deferred tax assets 1,709,521 1,197,876 Other assets 5,634 7,515 Tot
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SOURCE Palomar Medical Technologies, Inc. Copyright©2009 PR Newswire. All rights reserved

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