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Patient Safety Technologies Reports Fourth Quarter and Year End 2008 Results
Date:4/20/2009

e 1,527 941 5,206 3,730 Total operating expenses 2,350 1,703 7,993 5,674 Operating loss (1,967) (1,651) (7,016) (5,301) Other income (expenses): Liquidated damages - (194) - (194) Interest expense (79) (81) (333) (1,496) Change in fair value of warrant liability 1,067 - 2,582 - Realized gain (loss) assets held for sale, net (66) - (91) 22 Unrealized loss on assets held for sale, net 65 (25) - (25) Other income 8 (3) 44 (3) Total other income (expense) 995 (303) 2,202 (1,696) Loss from continuing operations before income taxes (972) (1,954) (4,813) (6,997) Income tax provision 342 (121) 439 (31) Loss from continuing operations (630) (2,075) (4,374) (7,028) Loss from discontinued operations - - - (166) Net loss (630) (2,075) (4,374) (7,194) Preferred dividends (19) (19) (77) (77) Net loss applicable to common shareholders $(649) $(2,094) $(4,451) $(7,271) Basic and diluted per common share: Continuing operations $(0.05) $(0.22) $(0.31) $(0.70) Discontinued operations $- $- $- $(0.02) Net income (loss) $(0.05) $(0.22) $(0.31) $(0.72) Weighted average common shares
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SOURCE Patient Safety Technologies, Inc.
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