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Thermage Announces Second Quarter 2008 Financial Results
Date:8/11/2008

0 24,735,037 23,743,043 24,761,794

Adjustments for dilutive

potential common stock 313,718 658,626 -- 666,579

Weighted average shares

outstanding used in

calculating non-GAAP

diluted net income (loss)

per share 24,732,348 25,393,663 23,743,043 25,428,373

(c) Includes all employee and non-employee stock-based compensation

charges

Thermage, Inc.

CONDENSED BALANCE SHEETS

(in thousands of dollars, except share and per share data)

(Unaudited)

June 30, December 31,

2008 2007

ASSETS

Current assets:

Cash and cash equivalents $15,358 $13,650

Marketable investments 36,882 38,707

Accounts receivable, net 7,079 4,809

Inventories, net 5,855 6,639

Prepaid expenses and other current assets 1,438 1,782

Total current assets 66,612 65,587

Property and equipment, net 2,876 3,000

Other assets 142 140

Total assets $69,630 $68,727

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities:

Accounts payable $1,263 $1,341

Accrued liabilities 5,588 6,850

Current portion of deferred revenue 1,483 1,544

Customer deposits 35 18

Total current liabilities
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SOURCE Thermage, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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