ATS Medical Announces Third Quarter 20... (rued compensation ...)

ATS Medical Announces Third Quarter 2009 Results

Date:11/2/2009

rued compensation 2,349 3,537 Current maturities of bank notes payable 2,646 2,646 Payable to CryoCath Technologies Inc. - 1,910 Payable to CarboMedics Inc. - 4,500 Other accrued liabilities 2,648 2,257 ----- ----- Total current liabilities 11,423 18,904 Convertible senior notes payable 17,626 17,533 Bank notes payable 1,764 3,969 Shareholders' equity 74,084 74,575 ------ ------ Total liabilities & shareholders' equity $104,897 $114,981 ======== ========

ATS Medical, Inc.
Consolidated Condensed Statements of Cash Flow
(in thousands)
--------------

Nine Months Ended
-----------------
October September
3, 27,
2009 2008
---- ----
Operating activities
Net loss ($2,832) ($10,826)
Adjustments to reconcile net loss
to net cash used in operating activities:
Depreciation and amortization 3,828 4,331
Stock-based compensation expense 1,885 1,184
Deferred income taxes 201
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SOURCE ATS Medical, Inc.
Copyright©2009 PR Newswire.
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ATS Medical Announces Third Quarter 20...(rued compensation ...),Health