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Misonix Reports Fourth Quarter and Year-End Fiscal 2011 Financial Results
Date:9/20/2011

>$4,278,953$14,440,061

$13,371,275Cost of goods sold

1,977,163

1,984,2416,855,010

6,844,780Gross profit

2,188,067

2,294,7127,585,051

6,526,495Selling expenses

1,315,022

975,3734,413,989

3,625,072General and administrative expenses

1,165,183

1,231,2084,499,521

5,055,848Research and development expenses

409,458

416,3911,712,579

1,803,524Total operating expenses

2,889,663

2,622,97210,626,089

10,484,444Operating loss from continuing operations

(701,596)

(328,260)(3,041,038)

(3,957,949)Total other income

112,185

22,094689,878

1,072,311Loss from continuing operations before  income taxes

(589,411)

(306,166)(2,351,160)

(2,885,638)Income tax (benefit)

18,116

281,63964,216

(694,796)Net loss from continuing operations

(607,527)

(587,805)(2,415,376)

(2,190,842)Discontinued operations:Net (loss) income from discontinued operations, net of income tax expense of $0, $98,748, $0 and $457,382

(841,229)

263,169(1,118,870)

769,536Net loss from sale of discontinued operations, net of income tax expense of $0, $401,005, $0 and $1,358,942

-

(1,090,378)-

(1,460,226)Noncontrolling interest in discontinued operations net of income taxes

-

(46,529)-

19,672Net (loss) income from discontinued operations

(841,229)

(873,738)(1,118,870)

(671,018)Net loss attributable to Misonix, Inc. shareholders

($1,448,756)

($1,461,543)($3,534,246)

($2,861,860)Net loss per share from continuing operations attributable to Misonix, Inc. shareholders-Basic

($0.09)

($0.08)($0.34)

($0.31)Net loss per share from discontinued operations-Basic

(0.12)

(0.13)(0.16)

(0.10)Net loss per share attributable to Misonix, Inc. shareholders-Basic
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SOURCE Misonix, Inc.
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