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ATS Medical Announces Third Quarter 2009 Results
Date:11/2/2009

144 Non-cash interest expense 601 499 Change in value of warrant liability and derivative liability bifurcated from convertible senior notes (26) (286) Changes in operating assets and liabilities (8,045) (1,167) ------- ------- Net cash used in operating activities (4,388) (6,121) Investing activities Maturities of short-term investments, net of purchases - 4,189 Payments for business acquisitions (2,000) (2,000) Purchases of furniture, machinery and equipment (990) (1,208) Other 460 - --- --- Net cash provided by (used in) investing activities (2,530) 981 Financing activities Payments on notes payable (2,205) (1,323) Net proceeds from issuance of common stock 236 4,002 Other 29 108 -- --- Net cash provided by (used in) financing activities (1,940) 2,787 Effect of foreign exchange rate changes 55 (615) --- ----- Decrease in cash and cash equivalents ($8,803) ($2,968) ========
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