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Misonix Reports Financial Results for First Half of Fiscal 2013
Date:2/7/2013

hs EndedSix Months EndedDecember 31,December 31,2012

20112012

2011Net sales

$3,474,231

$3,550,535$8,044,756

$6,767,734Cost of goods sold

1,626,965

1,281,5613,470,864

2,734,968Gross profit

1,847,266

2,268,9744,573,892

4,032,766Selling expenses

1,545,585

1,194,0453,004,149

2,374,297General and administrative expenses

1,092,726

1,082,3852,135,058

2,250,205Research and development expenses

366,257

303,702763,388

613,676Total operating expenses

3,004,568

2,580,1325,902,595

5,238,178Loss from operations

(1,157,302)

(311,158)(1,328,703)

(1,205,412)Total other income

502,387

331,871713,804

427,099(Loss)/income from continuing operations before  income taxes

(654,915)

20,713(614,899)

(778,313)Income tax expense/(benefit)

2,329

(207,233)3,829

(202,273)Net (loss)/income from continuing operations

(657,244)

227,946(618,728)

(576,040)Discontinued operations:Gain from sale of discontinued operations net of tax expense of $0,$532,268, $0 and $532,268, respectively

0

918,3580

918,358Net income (loss) from discontinued operations, net of a tax benefit of $0, $130,517, $0 and a tax benefit of $130,517, respectively 

3,475

(126,225)9,793

(206,181)Net income from discontinued operations

3,475

792,1339,793

712,177Net (loss)/income 

($653,769)

$1,020,079($608,935)

$136,137Net (loss)/income per share from continuing operations-Basic

($0.09)

$0.03($0.09)

($0.08)Net income per share from discontinued operations-Basic

0.00

0.110.00

0.10Net (loss)/income per share-Basic

($0.
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SOURCE Misonix, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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