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Cardiogenesis Reports Third Quarter 2009 Results
Date:11/10/2009

erage shares outstanding: Basic 45,549 45,292 45,519 45,292 ------ ------ ------ ------ Diluted 45,549 45,292 45,519 45,328 ------ ------ ------ ------
                        CARDIOGENESIS CORPORATION
                  CONDENSED CONSOLIDATED BALANCE SHEETS
                              (in thousands)


                                                        September   December
                                                           30,         31,
                                                          2009        2008
                                                       (unaudited)  (audited)
                                                        ----------   --------
                                    ASSETS
    Current assets:
       Cash and cash equivalents                          $2,517      $2,907
       Accounts receivable, net of allowance
        for doubtful accounts of $7 and $20,
        respectively                                         941       1,330
      Inventories                                            984       1,164
      Investments in marketable securities                     -          75
       Prepaids and other current assets                     356         395
                                                             ---         ---
          Total current assets                             4,798       5,871
    Property and equipment, net                              350         382
    Other assets, net                                         18          18
                                                             ---         ---
          Total assets                                    $5,166      $6,271
                                                          ======      ======

                     LIABILITIES AN
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SOURCE Cardiogenesis Corporation
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