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Cumberland Pharmaceuticals Reports First Quarter Financial Results
Date:5/2/2013

e of credit

—250,000Proceeds from exercise of stock options

(41,292)545,601Excess tax benefit derived from exercise of stock options

478,698191,081Repurchase of common shares

(1,942,725)(2,346,524)Net cash used in financing activities

(1,505,319)(1,359,842)Net decrease in cash and cash equivalents

(3,139,837)(14,955,585)Cash and cash equivalents at beginning of period

54,349,38170,599,146Cash and cash equivalents at end of period

$

51,209,544$

55,643,561Supplemental disclosure of cash flow information:Non-cash investing and financing activities:Net change in unpaid additions to intangibles, property and equipment

$

160,272$

82,696 

 


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SOURCE Cumberland Pharmaceuticals Inc.
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