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Cardiogenesis Reports First Quarter 2011 Results
Date:5/4/2011

n" style="font-family:Arial;font-size:8pt;">$
(433)

$
(18)
Net loss per share:Basic and diluted

$
(0.01)

$
(0.00)
Weighted average shares outstanding:Basic and diluted

45,891

45,551CARDIOGENESIS CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)March 31,December 31,20112010(unaudited)(audited)ASSETSCurrent assets:Cash and cash equivalents

$
,147

$  1,810Accounts receivable, net of allowance for doubtful accounts of $1 and $11, respectively

1,520

1,375Inventories

616

627Prepaids and other current assets

287

412Total current assets

3,570

4,224Property and equipment, net

236

275Other assets

—Total assets

$
3,806

$  4,499LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Accounts payable

$
89

$  359Accrued salaries and related

739

723Accrued liabilities

602

531Deferred revenue

540

684Note payable

47

111Current portion of capital lease obligations

7

8Total current liabilities

2,124

2,416Capital lease obligations, less current portion

5

5Total liabilities

2,129

2,421Commitments and contingenciesShareholders' equity:Preferred stock:no par value; 5,000 shares authorized; none issued and outstanding

—Common stock:no par value; 75,000 shares authorized; 46,061 and 45,739 shares issued and outstanding, respectively

174,505

174,459Accu
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SOURCE Cardiogenesis Corporation
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All rights reserved

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Related medicine technology :

1. CryoLife Completes Tender Offer for 49.9 Percent of the Outstanding Shares of Cardiogenesis Corporation
2. Cardiogenesis Corporation to Report 2011 First Quarter Results on May 4th
3. CryoLife Announces Expiration of Go-Shop Period Related to its Proposed Acquisition of Cardiogenesis Corporation
4. CryoLife Commences Tender Offer for All Outstanding Shares of Cardiogenesis Corporation
5. CryoLife Signs Definitive Agreement to Acquire Cardiogenesis
6. Cardiogenesis Reports Fourth Quarter and Full Year 2010 Results
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