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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.
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