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Somanetics Reports Financial Results for the Third Quarter of Fiscal 2009
Date:9/17/2009

------- --------- Total current liabilities 2,321,643 3,119,730 --------- --------- COMMITMENTS AND CONTINGENCIES SHAREHOLDERS' EQUITY: Preferred shares; authorized, 1,000,000 shares of $.01 par value; no shares issued or outstanding --- --- Common shares; authorized, 20,000,000 shares of $.01 par value; issued and outstanding, 12,088,962 shares at August 31, 2009, and 12,034,074 shares at November 30, 2008 120,890 120,341 Additional paid-in capital 95,551,450 91,330,305 Accumulated deficit (1,293,783) (6,602,574) ---------- ---------- Total shareholders' equity 94,378,557 84,848,072 ---------- ---------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $96,700,200 $87,967,802 =========== =========== STATEMENTS OF OPERATIONS (Unaudited) Three Months Nine Months Ended August 31, Ended August 31, ---------------- ---------------- 2009 2008 2009 2008 ---- ---- ---- ---- NET REVENUES $12,513,135 $12,367,988 $35,500,049 $33,801,326 COST OF SALES 1,542,901 1,717,858 4,727,137 4,413,939 --------- --------- --------- --------- Gross Margin 10,970,234 10,650,130 30,772,912 29,387,387 -------
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SOURCE Somanetics Corporation
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