Safe Harbor StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, relating to the Company's strategic plans, growth initiatives, new products and projected 2011 financial results. These statements are not guarantees of future performance and actual results may differ materially from those described in these forward-looking statements as a result of a number of factors. Please see a detailed description of these and other risks contained in our Annual Report on Form 10-K for the fiscal year ended January 2, 2010 and our Quarterly Report on Form 10-Q for the third quarter ended October 2, 2010, each of which was filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date and will not be updated.
TABLES FOLLOWIRIDEX CorporationCondensed Consolidated Statements of Operations(In thousands, except per share data)(unaudited)Three Months EndedYear EndedJanuary 1,January 2,January 1,January 2,2011201020112010Revenues
$ 12,228$ 11,563$ 43,694$ 43,212Cost of revenues
5,8935,27420,90320,273Operating expenses:Research and development
9019743,8143,609Sales and marketing
2,8202,5079,8049,273General and administrative
9981,0064,4884,873Total operating expenses
|SOURCE IRIDEX Corporation|
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