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Endologix Reports 30% Third Quarter 2010 Revenue Growth
Date:10/27/2010

p>

(165)

20Total other income (expense)

60

(34)

(154)

(133)Net loss

($466)

($156)

($1,071)

($1,758)Basic and diluted net loss per share

($0.01)

($0.00)

($0.02)

($0.04)Shares used in computing basic and

diluted net loss per share

48,842

46,220

48,390

44,316ENDOLOGIX, INC.CONDENSED CONSOLIDATED BALANCE SHEETSUnaudited(In thousands)September 30, 2010December 31, 2009ASSETSCurrent assets:Cash and cash equivalents

$22,871

$24,065Accounts receivable, net

12,675

8,342Other receivables

127

3Inventories

7,286

5,540Other current assets

429

389Total current assets

43,388

38,339Property and equipment, net

2,100

2,089Goodwill

4,631

4,631Intangibles, net

5,050

6,104Other assets

178

129Total Assets

$55,347

$51,292LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable and accrued expenses

$9,404

$7,199Current portion of long term debt

82

79Current liabilities

9,486

7,278Long term liabilities:Long term debt

21

83Other long term liabilities

1,034

1,051Long term liabilities

1,055

1,134Total liabilities

10,541

8,412Stockholders' equity:Common stock, $.001 par value; 75,000 shares authorized,
and 49,492 and 49,152 shares issued, and 48,997
and 48,657 outstanding

50

49Additional paid-in capital

192,652

189,656Accumulated deficit

(147,235)

(146,164)Treasury stock at cost, 495 shares

(661)

(661)Total stockholders' equity

44,806

42,880Total Liabilities and Stockholders' Equity

$55,347

$51,292
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SOURCE Endologix, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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