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IRIDEX Reports 2013 Third Quarter Results
Date:10/31/2013

0(190)01,619Net income (loss)

$530$(745)$1,819$1,196Net income (loss) per share:BasicContinuing operations

$0.05$(0.06)$0.20$(0.05)Discontinued operations

0.00(0.02)0.000.18Net income (loss)

$0.05$(0.08)$0.20$0.13DilutedContinuing operations

$0.05$(0.06)$0.18$(0.05)Discontinued operations

0.00(0.02)0.000.18Net income (loss)

$0.05$(0.08)$0.18$0.13Weighted average shares used in computing net income (loss) per share Basic

9,7969,0059,0448,974Diluted

10,1779,0059,9958,974 

IRIDEX Corporation

Condensed Consolidated Balance Sheets

(In thousands)

(unaudited)September 28,December 29,20132012AssetsCurrent Assets:Cash and cash equivalents

$
4,089$
,901Accounts receivable, net

5,7435,480Inventories

9,9988,035Prepaid and other current assets

5341,129Current assets of discontinued operations

0510Total current assets

30,36427,055Property and equipment, net

526483Intangible assets, net

382554Goodwill

533533Other long-term assets

233287Total assets

$
32,038$
28,912Liabilities and Stockholders' EquityCurrent Liabilities:Accounts payable

$
2,077$
2,105Accrued compensation

1,5381,563Accrued expenses

1,3701,242Accrued warranty

472453Deferred revenue

1,0621,004Total current liabilities

6,5196,367Long-Term Liabilities:Other long-term liabilities

441640Total liabilities

6,9607,007Stockholders' Equity:Convertible preferred stock

05Common stock

10394Additional paid-in capital

40,30838,958Accumulated deficit

(15,333)(17,152)Total stockholders' equity

25,07821,905Total liabilities and stockholders' equity

$
32,038$
28,912 


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SOURCE IRIDEX Corporation
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