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IGI Laboratories Announces Third Quarter 2013 Results




52Total revenues




6,255Cost and expenses:Cost of sales




4,271Selling, general and administrative expenses




2,254Product development and research expenses




1,735Total costs and expenses




8,260Operating loss




(2,005)Interest expense and other, net




(740)Net loss$

$   (1,422)


Basic and diluted loss per share$   (0.00)

$   (0.04)


(0.07)Weighted Average of Common Stock and Common Stock Equivalents Outstanding  Basic and diluted





For the nine months ended September 30, 2013 and 2012

(in thousands)

(Unaudited)20132012Cash flows from operating activities:Net loss

(2,745)Non-cash expenses

6711,388Changes in operating assets and liabilities

(1,307)156Net cash used in operating activities

(1,391)(1,201)Cash flows from investing activities:Product acquisition costs

(1,826)-Capital expenditures

(223)(323)Net cash used in investing activities

(2,049)(323)Net cash provided by financing activities

2,306385Net decrease in cash and cash equiv

SOURCE IGI Laboratories, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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