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eDiets.com(R) Announces Q3 2008 Results
Date:11/13/2008

155 317 411

Total cost of revenue 2,155 1,886 10,685 5,087

Technology and development 1,083 883 3,056 2,774

Sales, marketing and support 2,190 4,218 9,685 13,787

General and administrative 1,403 1,860 5,041 5,233

Amortization of Intangibles 176 303 705 908

Total cost and expenses 7,007 9,150 29,172 27,789

Loss from operations (2,254) (2,315) (9,204) (4,960)

Interest income 20 70 95 167

Interest expense (946) (195) (2,324) (207)

Income tax provision (19) (55) (20) (197)

Net loss $(3,199) $(2,495) $(11,453) $(5,197)

Loss per common share:

Basic and diluted $(0.13) $(0.10) $(0.46) $(0.21)

Weighted average common

and common equivalent

shares outstanding:

Basic and diluted 25,150 24,880 25,103 24,765

Three Months Ended Nine Months Ended

September 30, September 30,

2008 2007 2008 2007

STATEMENT OF CASH FLOW DATA:

Net cash provided by (used in):

Operations $(1,348) $(1,287) $(6,323) $(2,847)

Investing 224 (1,235) (1,485) (2,912)

Financing (343) 9,751 2,177 9,914

September 30, December 31,

2008 2007

BALANCE SHEET DATA:

Cash and cash equivalents $1,531 $7,132

Total assets 21,386 27,691


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SOURCE eDiets.com, Inc.
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