Navigation Links
MedClean Technologies Announces 2011 Results
Date:5/15/2012

hospitals that have previously purchased a MedClean System. Service revenues decline in direct proportion to a reduction in corrective maintenance services work. Service billings will continue to fluctuate period to period based upon equipment service requirements.

The gross profit for 2011 was $725,752 (42.3% of total revenue) compared with a gross profit in 2010 of $470,295 (52.5% of total revenue). The decrease in gross profit margin as compared to the prior year can be attributed to lower profit margins on system sales. The components of costs of revenues for system sales include direct materials, depreciation, shipping and rigging costs, and contract labor.

Total operating expenses for 2011 were $3,579,315 compared with $4,787,192 for 2010, a decrease of $1,207,877 or 25.3%. In 2011, the Company incurred a $1,204,799 non-cash charge to operations for the fair value of vesting options and warrants as compared to $2,060,985 in 2010 and $0 in 2011 for stock based compensation as compared to $227,640 in 2010; a net decrease of $1,083,826, while other operating costs were reduced by $124,051 in 2011 versus 2010.

Net loss for 2011 was $(4,376,105) compared to a net loss in 2010 of $(4,417,550).

The Company has filed its Form 10-K for the year ended December 31, 2011 with the Securities and Exchange Commission, and investors are encouraged to visit www.sec.gov to review this document, which includes financial tables and additional detail for the year ended December 31, 2011.

Financial Results Conference Call

MedClean will host a conference call that will be broadcast live over the Internet on Monday, May 21, 2012 at 1:30pm ET to discuss the Company's 2011 financial results. Investors can access the call at http://public.viavid.com/index.php?id=100578. To listen to the live call via the telephone, p
'/>"/>

SOURCE MedClean Technologies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. MedClean Technologies Announces Second Quarter Results
2. MedClean Technologies Signs Distribution Agreement with Trojan Energy Systems
3. MedClean Technologies Signs Contract with Gamma HealthCare Inc./Danner Medical Waste for MedClean 4500 Fixed-Based System, Services, and Consumables
4. MedClean Technologies Announces 2010 Results
5. MedClean Technologies Forms Co-Promotion Relationship With Covidien, Leading Global Healthcare Products Manufacturer
6. MedClean Technologies Partners With Triumvirate Environmental
7. MedClean Technologies Announces Third Quarter Results
8. Emisphere Technologies, Inc. Announces 2007 Second Quarter Financial Results
9. King Pharmaceuticals and Palatin Technologies Delay Immediate Plans for Phase 3 Clinical Program With Bremelanotide for Erectile Dysfunction
10. Rockwell Medical Technologies, Inc. Begins Patient Enrollment for its SFP Dose-Ranging Study
11. Rockwell Medical Technologies, Inc. Begins Dosing Patients for SFP Phase IIb Clinical Study
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)... all-time hits leader, is the new spokesperson for the topical ... announced. "Pete,s a Hall of Famer in our ... with Myoflex," said Ducere Pharma Chief Executive Officer Chris ... across all generations. The passion and intensity that Pete brought ...
(Date:1/23/2015)... VEGAS , Jan. 23, 2015 Cord Blood America, ... ) ("CBAI" or the "Company")  filed a Preliminary Proxy Statement, ... www.sec.gov ) today, and provides an update for shareholders detailing ... shares is requested. Dear Shareholders, As ...
(Date:1/23/2015)... and BOSTON , January 23, 2015 ... and development company, is delighted to announce that the ... to Miles Congreve (Vice President of Chemistry), ... Malcolm Weir (Chief Executive Officer and co-founder) for the ...
Breaking Medicine Technology:Pete Rose bets on Myoflex to relieve aches and pains 2Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 2Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 3Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 4Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 2Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 3Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 4
(Date:1/22/2015)... 22, 2015 A study recently ... flagship journal Medicine & Science in Sports & ... may help reduce gastrointestinal (GI) problems associated with ... Participants in the double-blind, placebo-controlled study took 10 ...
(Date:1/22/2015)... Weddingshe.com has added many trendy Champagne wedding dresses ... in the past three years. Today, the business announces a ... to the sales manager of the company, this is on ... This point can be reflected on the discounted wedding dresses ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 Four years since the ... – which coincided with the marriage of Avasa & Matthew Love ... ROAD, which is scheduled for release through White Swan Records on ... that there is a sacred path available to all of us ...
(Date:1/22/2015)... 22, 2015 EBSCO Information Services ... expanding their relationship in an effort to further promote visibility ... While EBSCO has long made AMA journals available via its ... for The JAMA Network. , Long known as ...
(Date:1/22/2015)... 22, 2015 JJsHouse.com is a famous dress ... the business announces its latest collection of wedding dresses ... most important issue is the wedding dress on your big ... a woman’s life. Every bride wants to find the most ...
Breaking Medicine News(10 mins):Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3Health News:Weddingshe Announces A Special Offer On Its Popular Glamorous Wedding Dresses 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 4Health News:EBSCO Expands Partnership with the American Medical Association 2Health News:EBSCO Expands Partnership with the American Medical Association 3Health News:EBSCO Expands Partnership with the American Medical Association 4Health News:Find The Most Suitable Wedding Dress At JJsHouse.com 2
... published research in the April 9 issue of Archives ... cocoa are beneficial// in reducing blood pressure, instead of ... guidelines advise individuals with hypertension (high blood pressure) to ... in the article. Compounds known as polyphenols or flavonoids ...
... has another new risk- it heightens your chances of developing ... in fact set you on the road to Alzheimer’s. ... of Archives of Neurology, one of the JAMA/Archives journals. ... been consistently related to a higher risk of Alzheimer's disease," ...
... Novartis case, the government of India is moving fast to ... has now been notified that all patent litigations filed in ... Patent Act have been transferred to the Intellectual Property Appellate ... companies have filed cases in High Courts and lower courts ...
... to data released by Banfield, The Pet Hospital, one of ... 39,000 cats and dogs// were sickened or killed nationwide consequent ... ,The data was reportedly compiled from records collected from more ... massive recall of contaminated pet food. Described as one of ...
... (TYC) facilities continue to reel under allegations of ward neglect ... about the agency. , Leaders of the state ... juvenile inmates, as well as gross neglect of their health. ... had to wait up to even months before they were ...
... of hepatitis B patients, said an official of the ... 500,000 people die of liver damage and hepatocirrhosis triggered ... ,He said about 120 million Chinese test ... health problem in the country. ,HPF and ...
Cached Medicine News:Health News:Blood Pressure Tackled Better With Cocoa Than Tea 2Health News:Diabetes May Bring You A Step Closer To Alzheimer’s Diseas 2Health News:Patents: Appellate Board Becomes Functional 2Health News:Melamine Contamination Killed Thousands of Pets, Says a New Report 2
Clearview RSV is a simple, immunochromatographic assay to aid in the diagnosis of respiratory syncytial virus (RSV) infections in children less than 6 years and adults over age 60....
... one of the easiest tests to run on ... 15 minutes with no hands-on time. Critical care ... the child leaving the pediatrician's office and valuable ... to help control the spread of RSV infections. ...
For the qualitative detection of IgG/IgM antibodies to B. burgdorferi...
... Experience the finest surgical-quality loupes ... set the standard for innovative optical ... support. Delivering optimum performance with maximum ... choice for medical professionals worldwide. Make ...
Medicine Products: