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Cardica Announces Fiscal 2012 Second Quarter Financial Results
Date:2/6/2012

831,6113,0243,106Total operating costs and expenses

4,0434,5447,9688,358Income (loss) from operations

(3,131)(3,350)(6,186)2,878Interest and other income117123Interest expense(56)-(56)(11)Net income (loss)$
(3,186)$
(3,333)$
(6,241)$
2,890Basic and diluted net income (loss) per share

$
(0.12)$
(0.13)$
(0.23)$
.12Diluted net income (loss) per share

$
(0.12)$
(0.13)$
(0.23)$
.11Shares used in computing net income (loss) per share   Basic27,09525,39626,95025,009   Diluted 27,09525,39626,95027,183Balance Sheets(amounts in thousands)December 31,June 30,20112011Assets(unaudited)Cash and cash equivalents

$
7,605$
9,325Accounts receivable 322327Inventories527840Other assets2,597978Total assets$
,051$
,470Liabilities and stockholders' equityAccounts payable and other liabilities

$
2,118$
,494Deferred revenue - short term

738738Deferred revenue - long term

1,819376Long term debt2,420-Total stockholders' equity3,9568,862Total liabilities and stockholders' equity

$
,051$
,470
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SOURCE Cardica, Inc.
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