Navigation Links
Patient Safety Technologies Reports Fourth Quarter And Fiscal 2012 Results
Date:3/18/2013

in our other public filings. These documents are available online through the SEC's website, www.sec.gov. Forward-looking statements are based on information presently available to senior management, and we have not assumed any duty to update any forward-looking statements.

 

PATIENT SAFETY TECHNOLOGIES, INC.Consolidated Balance SheetsDecember 31,2012December 31,2011AssetsCurrent assets:Cash and cash equivalents$

5,177,082$

3,668,524Accounts receivable1,415,6341,307,510Inventories, net3,968,4362,772,117Prepaid expenses308,285180,802Total current assets10,869,4377,928,953Property and equipment, net4,833,7541,691,961Goodwill1,832,0271,832,027Patents, net2,139,2022,464,142Other assets37,46240,463Total assets$

19,711,882$

13,957,546Liabilities and Stockholders' EquityCurrent liabilitiesAccounts payable$

4,499,002$

2,808,524Accrued liabilities960,062574,917Deferred revenue – current portion846,395278,002Total current liabilities6,305,4593,661,443Deferred revenue969,395267,025Total liabilities7,274,8543,928,468Stockholders' equity Total stockholders' equity12,437,02810,029,078Total liabilities and stockholders' equity$

19,711,882$

13,957,546 

PATIENT SAFETY TECHNOLOGIES, INC.Consolidated Statements of OperationsFor the Years Ended December 31,20122011Revenues$

17,589,391$

9,463,479Cost of revenue10,038,0465,115,946Gross profit7,551,3454,347,533Operating expensesResearch and development580,254107,397Sales and marketing4,912,5082,971,525General and administrative4,076,5323,931,049Total operating expenses9,569,2947,009,971Operating loss(2,017,949)(2,662,438)Other income (expense)Gain on change in fair value of warrant derivative liability—567,573Interest expense to related party(106,182)—Other income (expense), net(2,095)221,201Total other income (expense)(108,277)788,774Loss
'/>"/>

SOURCE Patient Safety Technologies, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. OphthaliX Inc. Announces the Completion of Patient Enrollment for the Phase 3 Dry Eye Syndrome Study
2. Denmarks Odense University Hospital Orders Elektas New Versa HD Linear Accelerator for Radiotherapy Treatment of Patients with Cancer
3. Clay Walker, Country Music Star And Relapsing-Remitting Multiple Sclerosis Patient Urges Others To "Stick With It"
4. N30 Pharmaceuticals Announces First Patient Treated in Clinical Trial of N6022 in Cystic Fibrosis
5. Oregon Pharmacists Urge Lawmakers to Support Drug Price Transparency, Fair Audit and Patient Choice Legislation
6. Niacin Causes Serious Unexpected Side-effects, but no Worthwhile Benefits, for Patients who are at Increased Risk of Heart Attacks and Strokes
7. AnazaoHealth Announces Full Continued Cooperation with FDA to Promote Quality Assurance and Patient Safety
8. Optimism of Cannabis Patients Creates More Demand for Phytiva Brand of Cannabinoid Solutions as Illinois and New Hampshire Take Key Legislative Steps Toward Legalization of Medical Cannabis
9. A Novel Oral Anticoagulant is Planned to be Developed for Patients with Prosthetic Heart Valves or Chronic Renal Dysfunction
10. Drugs.com Launches iOS and Android Mobile App to Empower Patients and Providers Alike
11. Janssen Launches EXPLORER, Global Cardiovascular Research Program, Beginning with Five New Studies in Patients with Unmet Medical Needs
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2015)... , July 31, 2015  Physicians and payers ... the biopharmaceutical market. Patients are better informed and ... and switching therapies. This shift in power is ... efforts toward patient-focused marketing. As part ... have learned it,s important to educate, communicate and ...
(Date:7/31/2015)... CHAPEL HILL, N.C. , July 31, 2015 /PRNewswire/ ... needs of customers who are increasingly mobile, increasingly connected, ... support a growing variety of customer interaction channels and ... of technology, including social media. According ... of the over the counter (OTC) segment in a ...
(Date:7/31/2015)... July 31, 2015  Seeger Weiss LLP is reporting that ... a warning letter to C.R. Bard, the manufacturer of ... strides to correct violations the agency found at two of ... after the FDA cited them during Inspectional Observations that occurred ... Tempe, AZ , location and on October ...
Breaking Medicine Technology:Consumers Forcing Pharmaceutical Industry to Shift its Marketing Focus from Products to Patients 2Best Practices in Building World-Class Consumer & Over-the-Counter Call Centers 2Seeger Weiss LLP Reports That The FDA Has Issued A Warning Letter To IVC Filter Manufacturer, C.R. Bard 2Seeger Weiss LLP Reports That The FDA Has Issued A Warning Letter To IVC Filter Manufacturer, C.R. Bard 3
... 2012 /PRNewswire-Asia-FirstCall/ -- Dehaier Medical Systems Ltd. ... an emerging leader in the development, assembly, marketing and ... announced that the Company will present at the CFA ... the Shanghai Purple Mountain Hotel in Shanghai on May ...
... May 17, 2012 Simbionix USA ... training and education products, is proud to announce ... the new GI Mentor™ Express simulator ... Mentor™ .      (Logo: http://photos.prnewswire.com/prnh/20120502/529202-a) ...
Cached Medicine Technology:Dehaier Medical to Present at the CFA 2012 Cross-Continental Summit on Investment in Shanghai 2Simbionix Releases Two New Platforms at the Upcoming DDW and AUA Events 2
(Date:7/31/2015)... ... July 31, 2015 , ... Precision Aesthetics is New York’s only Thermage skin ... the first provider of Exilis non-surgical fat reduction in New York. Due to ... a large International clientele. Many patients travel to New York to get their ...
(Date:7/31/2015)... (PRWEB) , ... July 31, 2015 , ... ... its new store run by GoodThreads. The store can be accessed by visiting ... designs, many of which are customizable. The best part: whenever a product is ...
(Date:7/31/2015)... Atlanta, GA (PRWEB) , ... July 31, 2015 , ... ... CoolSculpting , the CoolSmooth PRO this week. Zeltiq Aesthetics released this new applicator ... FDA in January 2014 for treating the outer thighs. The original applicator required ...
(Date:7/31/2015)... (PRWEB) , ... July 31, 2015 , ... ... an important workshop at its new True North Conference Center. The medical community, ... that the Jacksonville community may be more aligned in the effort to better ...
(Date:7/31/2015)... View, CA (PRWEB) , ... July 31, 2015 , ... ... for the athletes, judges, media, and VIPs at the 2015 Vans US Open of ... organic coconut water that can claim “no added sugar” on the market, is a ...
Breaking Medicine News(10 mins):Health News:Mesothelioma Organization Launches New Store 2Health News:Mesothelioma Organization Launches New Store 3Health News:Cooler Coolsculpting in Atlanta: Treatments Now Twice As Fast 2Health News:Cooler Coolsculpting in Atlanta: Treatments Now Twice As Fast 3Health News:Lakeview Health Links Sex Trafficking and Addiction in Special Jacksonville Educational Workshop 2Health News:Lakeview Health Links Sex Trafficking and Addiction in Special Jacksonville Educational Workshop 3Health News:Coco Libre Brings Eco-conscious Hydration to Vans US Open of Surfing 2
... of Directors of WellPoint, Inc., has been appointed to its Board of Directors.   , ... , , ... ... "We are delighted to welcome Larry Glasscock to ...
... Tenn. , March 16 TeamHealth Holdings, Inc. ... suppliers of outsourced healthcare professional staffing and administrative services to ... , today announced that its management will be presenting at ... 24, 2010 , at the Loews Miami Hotel, Florida ...
... dangerous characteristics of cancer is its ability to metastasize, or ... major need for better tests to detect cells that break ... the body. Effective identification of these cells, referred to ... improve quality of life for many cancer patients. A commentary ...
... ... survey by Jackson Healthcare, 89 percent of physicians agree that patients receiving negligent treatment deserve ... Alpharetta, GA ... , 89 percent of physicians agree that patients receiving negligent treatment deserve fair compensation. , ...
... before surgery died soon after than those using ... -- In a trial comparing two anti-clotting drugs, patients ... to die than those given Plavix, researchers found. , ... but Plavix, the more popular drug, has been linked ...
... Lyons , President and CEO of the Elizabeth Glaser Pediatric AIDS Foundation: , ... , , ... ... The Elizabeth Glaser Pediatric AIDS ...
Cached Medicine News:Health News:Simon Property Group Elects Larry Glasscock to Board of Directors 2Health News:TeamHealth Holdings, Inc., to Present at Barclays Capital Global Healthcare Conference 2Health News:TeamHealth Holdings, Inc., to Present at Barclays Capital Global Healthcare Conference 3Health News:Revisiting the need to detect circulating tumor cells 2Health News:Recent Survey Reveals That Physicians Overwhelmingly Support Patient Compensation When Harmed 2Health News:Recent Survey Reveals That Physicians Overwhelmingly Support Patient Compensation When Harmed 3Health News:Newer Blood Thinner Beats Plavix for Bypass Patients 2Health News:Newer Blood Thinner Beats Plavix for Bypass Patients 3Health News:Elizabeth Glaser Pediatric AIDS Foundation President and CEO Charles Lyons Welcomes the Appointment of Anthony Lake as New Executive Director of UNICEF 2
... now recognized as an important intestinal ... Routine parasitological techniques fail to demonstrate ... techniques prove effective in staining this ... typical organisms on each slide. Each ...
... have a positive and negative inoculated well, ... these slides, perform QC and sample staining ... education and training programs by testing QC ... on one slide! KWIK-QC slides contain the ...
Each slide contains an A.F.B. positive staining control of Mycobacterium scrofulaceum ATCC ® 19981 in simulated sputum and an A.F.B. negative staining control of Escherichia coli ATCC ® 25922...
... The Equalizer With 384 Well Plate ... the revolutionary features of the original Equalizerexpandable and ... autoclavable components, and in-lab calibration capabilities. In addition, ... tips down to 4.5mm for loading and accessing ...
Medicine Products: