Zix Corporation Reports Another Record-High Revenue Quarter as Company Announces Second Quarter 2009 Financi...(otal operating expenses ...),Health

Date:7/28/2009

otal operating expenses 6,975,000 5,988,000 13,350,000 12,350,000 --------- --------- ---------- ---------- Operating loss (1,972,000) (1,572,000) (3,562,000) (3,315,000) Other income, net 73,000 222,000 141,000 338,000 Loss before income taxes (1,899,000) (1,350,000) (3,421,000) (2,977,000) Provision for income taxes (26,000) - (46,000) (77,000) -------- --------- -------- -------- Net loss $(1,925,000) $(1,350,000) $(3,467,000) $(3,054,000) ============ ============ ============ ============ Basic and diluted loss per common share $(0.03) $(0.02) $(0.05) $(0.05) ======= ======= ======= ======= Basic and diluted weighted average common shares outstanding 63,319,482 62,903,431 63,319,482 62,803,638 ========== ========== ========== ========== ZIX CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30, ------------------------- 2009 2008 ---- ---- Operating activities: Net loss $(3,467,000) $(3,054,000) Non-cash items in net loss 2,024,000 2,517,000 Changes in operating assets and liabilities 1,204,000 1,680,000
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