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Misonix Reports Strong Revenue Increases for the First Quarter of Fiscal 2013
Date:11/7/2012

1,180,252General and administrative expenses

1,042,332

1,167,820Research and development expenses

397,131

309,974Total operating expenses

2,898,027

2,658,046Loss from operations

(171,401)

(894,254)Total other income

211,417

95,228Income (loss) from continuing operations before
income taxes

40,016

(799,026)Income tax expense

1,500

4,960Net income (loss) from continuing operations

38,516

(803,986)Discontinued operations:Net income (loss) from discontinued operations, net
  of tax of $0 and $0, respectively 

6,318

(79,956)Net income (loss) from discontinued operations

6,318

(79,956)Net income (loss) 

$44,834

($883,942)Net income (loss) per share from continuing
  operations-Basic

$0.01

($0.12)Net income (loss) per share from discontinued
  operations-Basic

0.00

(0.01)Net income (loss) per share-Basic

$0.01

($0.13)Net income (loss) per share from continuing
  operations-Diluted

$0.01

($0.12)Net income (loss) per share from discontinued
  operations-Diluted

0.00

(0.01)Net income (loss) per share-Diluted

$0.01

($0.13)Weighted average common shares-basic

7,005,360

7,001,370Weighted average common shares-diluted

7,297,690

7,001,370MISONIX, INC. And Subsidiaries Consolidated Balance SheetsSeptember 30, 2012June 30,
2012(Unaudited)(derived from auditedfinancial statements)AssetsCurrent Assets:  Cash and cash equivalents$
,662,667$
,273,015  Accounts receivable, less allowancefor doubtful accounts of $169,641
and $155,739, respectively2,612,1713,158,084  Inventories, net4,211,3824,380,841  Prepaid expenses and other current assets223,92
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SOURCE Misonix, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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