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IGI Laboratories Announces Third Quarter 2013 Results
Date:10/29/2013

35

26

97

52Total revenues

3,995

1,986

11,499

6,255Cost and expenses:Cost of sales

2,684

1,222

7,932

4,271Selling, general and administrative expenses

692

980

2,078

2,254Product development and research expenses

661

620

2,123

1,735Total costs and expenses

4,037

2,822

12,133

8,260Operating loss

(42)

(836)

(634)

(2,005)Interest expense and other, net

(53)

(586)

(121)

(740)Net loss$
(95)

$   (1,422)

$
(755)

$
(2,745)
Basic and diluted loss per share$   (0.00)

$   (0.04)

$
(0.02)

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

43,395,980

39,508,217

43,179,898

39,510,540 IGI LABORATORIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

For the nine months ended September 30, 2013 and 2012

(in thousands)

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

$
(755)$
(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
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SOURCE IGI Laboratories, Inc.
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