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iCAD Reports Fourth Quarter and Full Year 2007 Financial Results
Date:3/6/2008

103,831 434,729 199,279

Net income (loss) $525,061 $(1,379,283) $(1,538,532) $(6,637,958)

Preferred dividend - 28,082 67,760 116,200

Net income (loss)

attributable to

common stockholders $525,061 $(1,407,365) $(1,606,292) $(6,754,158)

Net income (loss)

per share

Basic $0.01 $(0.04) $(0.04) $(0.18)

Diluted $0.01 $(0.04) $(0.04) $(0.18)

Weighted average

number of shares

used in computing

income (loss) per

share

Basic 39,167,513 36,999,852 38,351,345 36,911,742

Diluted 43,714,754 36,999,852 38,351,345 36,911,742

iCAD, INC. AND SUBSIDIARIES

Consolidated Balance Sheets

December 31, December 31,

2007 2006

Assets (unaudited)

Current assets:

Cash and cash equivalents $4,348,729 $3,623,404

Trade accounts receivable, net of

allowance for doubtful

accounts of $50,000 in 2007 and

$88,000 in 2006 6,483,618 3,683,178

Inventory, net 1,798,243 3,031,995

Prepaid and other current assets 320,169 219,723

Total current assets 12,950,759 10,558,300

Property and equipment:

Equipment 3,512,557 3,716,247

Leasehold improvements 71,611 70,164

Furniture and fixtures 330,077 296,170

Marketing assets 323,87
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SOURCE iCAD, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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