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Versus Technology Announces Third Quarter Results
Date:8/25/2009

-------- -------- -------- -------- Other Income (Expense) Interest income 4,000 9,000 12,000 40,000 Net foreign currency transaction gain (loss) - - - (1,000) ------ ------ ------ ------ Total Other Income (Expense) 4,000 9,000 12,000 39,000 ----- ----- ------ ------ Net Loss $(360,000) $(448,000) $(731,000) $(825,000) ========= ======== ========= ========= Basic and Diluted Net Loss Per Share $( - ) $( - ) $( - ) $( - ) ==== ==== ==== ==== See accompanying report of management. VERSUS TECHNOLOGY, INC. AND SUBSIDIARY Consolidated Statements of Cash Flows (Unaudited) 2009 2008 ---- ---- Operating Activities Net income (loss) $(731,000) $(825,000) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation 48,000 35,000 Non-cash equity based compensation 78,000 82,000 Changes in operating assets and liabilities: Accounts receivable 815,000 473,000 Inventories 91,000 (79,000) Prepaid expenses and other current assets (9,000) (64,000) Accounts payable 22,000 (53,000)
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