Patient Safety Technologies Reports Third Quarter 20...(35 - Prepaid expenses ...),Health

Date:11/24/2008

35 - Prepaid expenses 309 105 Total current assets 1,707 582 Restricted certificate of deposit 87 87 Notes receivable 154 154 Property and equipment, net 721 663 Assets held for sale, net 90 406 Goodwill 1,832 1,832 Patents, net 3,520 3,764 Long-term investment 667 667 Other assets 29 19 Total assets $8,807 $8,174 Liabilities and Stockholders' (Deficit) Equity Current liabilities Accounts payable $603 $709 Current portion of long term debt 2,946 1,172 Accrued liabilities 3,303 521 Total current liabilities 6,852 2,402 Long-term debt, less current portion - 2,531 Deferred tax liabilities 1,403 1,499 Total liabilities 8,255 6,431 Stockholders' equity: Convertible preferred stock, $1.00 par value, cumulative 7% dividend: 1,000 shares authorized; 11 issued and outstanding at September 30, 2008 and December 31, 2007 (Liquidation preference of $1.2 million at September 30, 2008 and December 31, 2007 11 11 Common stock, $0.33 par value: 25,000
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SOURCE Patient Safety Technologies Copyright©2008 PR Newswire. All rights reserved

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