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Uroplasty Reports Fourth Quarter and Full Year Fiscal 2009 Results
Date:6/4/2009

Total assets $14,680,797 $19,290,323 Liabilities and Shareholders' Equity Total current liabilities 1,927,998 2,739,933 Long-term debt - less current maturities - 413,279 Deferred rent - less current portion 147,576 180,979 Accrued pension liability 296,646 353,411 Total liabilities 2,372,220 3,687,602 Total shareholders' equity 12,308,577 15,602,721 Total liabilities and shareholders' equity $14,680,797 $19,290,323
                        UROPLASTY, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                              Years ended March 31,

                                                       2009         2008
    Cash flows from operating activities:
       Net loss                                   $(3,578,120) $(3,824,240)
         Adjustments to reconcile net loss to net
          cash used in operations:
            Depreciation and amortization           1,135,800    1,072,552
            Loss  on disposal of equipment              6,757           27
            Share-based consulting expense             60,093       49,749
            Share-based compensation expense          689,513      989,144
            Deferred income taxes                      17,594        5,262
            Deferred rent                             (35,000)     (35,000)
         Changes in operating assets and liabilities:
            Accounts receivable                       918,959     (947,869)
            Inventories                               (19,512)     346,598
            Other current assets and income tax
             receivable                                50,086      107,204
            Accounts payable                          
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SOURCE Uroplasty, Inc.
Copyright©2009 PR Newswire.
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