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ChromaDex Announces Financial Results for Second Quarter 2011

st income

430397Interest expense

(8,209)(10,726)Nonoperating loss(7,779)(10,329)Net loss$ (1,842,569)$
(303,529)Basic and Diluted loss per common share

(0.01)Basic and Diluted  average common shares outstanding

65,001,97943,623,403Effects of Non-cash Charges associated with  Share-based Compensation Expense For the Three Month Periods Ended July 2, 2011 and July 3, 2010July 2, 2011July 3, 2010Sales

-Cost of sales

--Gross profit--Operating expenses:Sales and marketing

--General and administrative

(768,705)(230,858)Operating expenses

(768,705)(230,858)Operating income768,705230,858Nonoperating income:Interest income

--Interest expense

--Nonoperating income--Net income$
230,858Basic and Diluted income per common share

.01Basic and Diluted  average common shares outstanding

65,001,97943,623,403Condensed Consolidated Statements of Operations Excluding Share-based Compensation (Non-GAAP Presentation) For the Three Month Periods Ended July 2, 2011 and July 3, 2010July 2, 2011July 3, 2010Sales

$   1,937,976$   2,033,861Cost of sales

1,357,0581,258,172Gross profit580,918775,689Operating expenses:Sales and marketing

565,975228,351General and administrative

1,081,028609,680Operating expenses

1,647,003838,031Operating loss (1,066,085)(62,342)Nonoperating income (expenses):Interest income

430397Interest expense

(8,209)(10,726)Nonoperating loss(7,779)(10,329)Net loss$ (1,073,864)$
(72,671)Basic and Diluted loss per common share

(0.00)Basic and Diluted  average common shares outstanding


SOURCE ChromaDex Corporation
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