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Misonix Reports a 14.8% Increase in Revenue for the First Quarter Fiscal 2012 Financial Results
Date:11/9/2011

Total current liabilities3,201,2433,305,636Deferred income$
50,307$
,360Deferred lease liability16,28114,043Total liabilities3,367,8313,481,039Commitments and contingenciesStockholders' equity:  Capital stock, $0.01 par value - shares authorized 20,000,000; 7,079,170  issued and 7,001,370 outstanding, respectively70,79270,792  Additional paid-in capital25,870,20525,787,960  Accumulated deficit(11,452,987)(10,569,045)  Treasury stock, 77,800 shares(412,424)(412,424)Stockholders' equity14,075,58614,877,283Total liabilities and stockholders' equity$17,443,417$18,358,322MISONIX, INC. And SubsidiariesConsolidated Statements of OperationsUnauditedThree Months EndedSeptember 30,20112010Net sales

$3,739,156

$3,257,988Cost of goods sold

1,817,477

1,620,703Gross profit

1,921,679

1,637,285Selling expenses

1,270,407

965,007General and administrative expenses

1,167,820

1,217,805Research and development expenses

397,226

460,494Total operating expenses

2,835,453

2,643,306Operating loss from continuing operations

(913,774)

(1,006,021)Total other income

94,826

201,590Loss from continuing operations before  income taxes

(818,948)

(804,431)Income tax expense

4,960

38,100Net loss from continuing operations

(823,908)

(842,531)Discontinued operations:Net loss from discontinued operations, net of income tax expense of $0 and $0, respectively

(60,034)

(175,315)Net loss from discontinued operations

(60,034)

(175,315)Net loss

($883,942)

($1,017,846)Net loss per share from continuing operations-Basic

($0.12)

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

(0.01)

(0.03)Net loss per share-Basic

($0.13)

($0.15)Net loss per share from continuing operations-Diluted

($0.12)

($0.12)Net los
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SOURCE Misonix, Inc.
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