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Thermage Announces Fourth Quarter and Full Year 2007 Financial Results

2007 2006


Current assets:

Cash and cash equivalents $13,650 $45,915

Marketable investments 38,707 -

Accounts receivable, net 4,809 3,285

Inventories, net 6,639 5,219

Prepaid expenses and other current

assets 1,782 1,717

Total current assets 65,587 56,136

Property and equipment, net 3,000 3,638

Other assets 140 101

Total assets $68,727 $59,875



Accounts payable $1,341 $1,398

Accrued liabilities 6,850 7,372

Current portion of deferred revenue 1,544 1,151

Customer deposits 18 62

Total current liabilities 9,753 9,983

Deferred revenue, net of current

portion 601 716

Other liabilities 255 55

Total liabilities 10,609 10,754

Stockholders' equity:

Common stock, $0.001 par value:

100,000,000 shares authorized

23,605,415 and 22,906,851 shares

issued and outstanding at 2007 and

2006, respectively 24 23

Additional paid-in capital 99,588 93,418

Deferred stock-based compensation

SOURCE Thermage, Inc.
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