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IRIDEX Reports 2012 Second Quarter Results
Date:8/2/2012

average shares used in computing net income per share Basic

8,9838,9618,9588,962Diluted

10,28610,23110,27010,223 

IRIDEX CorporationCondensed Consolidated Balance Sheets(In thousands)(unaudited)June 30,December 31,20122011AssetsCurrent Assets:Cash and cash equivalents

$
3,785$
,789Accounts receivable, net

5,9245,551Inventories, net

7,5396,659Prepaids and other current assets

1,228464Current assets of discontinued operations

5586,043Total current assets

29,03429,506Property and equipment, net

388325Intangible assets, net

653745Goodwill

533533Other long-term assets

170199Restricted cash related to discontinued operations

510Non-current assets of discontinued operations

4841Total assets

$
31,292$
32,149Liabilities and Stockholders' EquityCurrent Liabilities:Accounts payable

$
2,139$
,580Accrued compensation

1,2961,180Accrued expenses

1,0371,920Accrued warranty

525556Deferred revenue

8001,014Current liabilities of discontinued operations

792,663Total current liabilities

5,8768,913Long-Term Liabilities:Other long-term liabilities

649810Total liabilities

6,5259,723Stockholders' Equity:Convertible preferred stock

55Common stock

9392Additional paid-in capital

42,69242,032Accumulated other comprehensive loss

-(35)Treasury stock, at cost

(1,374)(1,078)Accumulated deficit

(16,649)(18,590)Total stockholders' equity

24,76722,426Total liabilities and stockholders' equity

$
31,292$
32,149


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