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ThermoGenesis Reports First Quarter 2009 Results
Date:11/6/2008

,000

Current liabilities:

Accounts payable $2,631,000 $4,186,000

Other current liabilities 2,936,000 2,589,000

Total current liabilities 5,567,000 6,775,000

Long-term liabilities 812,000 982,000

Stockholders' equity 27,969,000 30,525,000

$34,348,000 $38,282,000

ThermoGenesis Corp.

Condensed Consolidated Statements of Operations (Unaudited)

Three Months Ended

September 30,

2008 2007

Product and other revenues $4,502,000 $3,632,000

Cost of product and other revenues 3,222,000 2,423,000

Gross profit 1,280,000 1,209,000

Expenses:

Selling, general and administrative 2,447,000 2,420,000

Research and development 1,600,000 1,496,000

Total operating expenses 4,047,000 3,916,000

Interest and other income, net 88,000 407,000

Net loss ($2,679,000) ($2,300,000)

Per share data:

Basic and diluted net loss per common

share ($0.05) ($0.04)

Shares used in computing per share data 56,027,960 55,659,508

ThermoGenesis Corp.

Condensed Consolidated Statements of Cash Flows (Unaudited)

Three Months Ended,


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SOURCE ThermoGenesis Corp.
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