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InspireMD Reports Fourth Quarter and Fiscal Year 2013 Results
Date:9/17/2013

: 212-896-1215 / 212-896-1250
Email: tfromer@kcsa.com / grussell@kcsa.com

Media Contacts:
Lewis Goldberg / Samantha Wolf
KCSA Strategic Communications
Phone: 212-896-1216 / 212-896-1220
Email: lgoldberg@kcsa.com / swolf@kcsa.com

 CONSOLIDATED STATEMENTS OF OPERATIONS (1)(U.S. dollars in thousands, except per share data)Three months endedTwelve months ended June 30,June 30,2013201220132012Revenues$1,500

$933$4,873

$5,349Cost of Revenues

832

8032,283

2,849Gross Profit668

1302,590

2,500Operating Expenses:Royalties buyout expenses918Other research and development expenses

1,047

1,2584,156

3,988Selling and marketing

1,204

8013,616

2,174General and administrative

2,632

2,1038,973

13,883Total operating expenses

4,883

4,16217,663

20,045Loss from Operations

(4,215)

(4,032)(15,073)

(17,545)Financial expenses (income)

10,755

(98)14,177

38Loss before tax expenses (income)

(14,970)

(3,934)(29,250)

(17,583)Tax expenses (income)

(23)

78

14Net Loss($14,947)

($3,941)($29,258)

($17,597)Net loss per share – basic and diluted

($0.48)

($0.23)($1.39)

($1.04)Weighted average number of shares
of common stock used in computing
net loss per share – basic and diluted

31,033,657

17,043,70420,995,887

16,707,599 RECONCILIATION OF NON-GAAP NET LOSS (2)(U.S. dollars in thousands, except per share data)Three months endedTwelve months endedJune 30, June 30,2013201220132012GAAP Net Loss($14,947)

($3,941)($29,25
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SOURCE InspireMD
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