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Apollo Medical Holdings Reports Record Fiscal 2014 Second Quarter Results
Date:9/16/2013

69,461)(391,379)TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT$
3,136,702$   3,223,085APOLLO MEDICAL HOLDINGS, INC.CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED) Three months ended July 31,  Six months ended July 31, 2013201220132012Net Revenues

$
2,593,046$
,649,451$
5,039,612$
3,281,295Cost of Services

2,366,3931,205,6734,226,8862,534,332Gross Profit

226,653443,778812,726746,963Operating expenses:General and administrative

1,580,654501,8582,872,047853,405Depreciation

6,3864,94613,0389,737Total operating expenses

1,587,040506,8042,885,085863,142Loss From Operations

(1,360,387)(63,026)(2,072,359)(116,179)Other income (expense)Loss on change in fair value of derivative liabilities 

-(2,914,549)-(2,790,711)Interest expense 

(170,806)(224,906)(298,299)(448,942)Other expense 

(924)455(1,170)450Total other expenses

(171,730)(3,139,000)(299,469)(3,239,203)Loss Before Income Taxes

(1,532,117)(3,202,026)(2,371,828)(3,355,382)Provision for Income Tax

-8009,4044,800Net Loss

$  (1,532,117)$  (3,202,826)$  (2,381,232)$
(3,360,182)WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING - BASIC AND DILUTED

35,801,68331,015,90435,327,88530,780,543BASIC AND DILUTED NET LOSS PER SHARE

$
(0.04)$
(0.10)$
(0.07)$
(0.11) *APOLLO MEDICAL HOLDINGS, INC.CONSOLIDATED STATEMENTS OF OPERATIONS – ADJUSTED EBITDA RECONCILIATION(UNAUDITED)Three months ended July 31,Six months ended July 31,2013201220132012LOSS FROM OPERATIONS$ (1,360,387)$
(63,026)$
(2,072,359)$ (116,179)Depreciation and amortization expense6,3864,94613,0389,737EBITDA(1,354,001)(58,080)(2,059,321)(106,442)Stock-based compensation expense1,045,48780,9301,668,713185,064ADJUSTED EBITDA$
(308,514)$
22,850$
(390,608)$
78,622*Use of Non-GAAP Financial Measures
In addition to containi
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SOURCE Apollo Medical Holdings, Inc.
Copyright©2012 PR Newswire.
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