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Patient Safety Technologies Reports Second Quarter 2012 Results
Date:8/10/2012

ng expenses2,379,0571,684,2984,917,6613,444,692Operating loss(523,828)(411,658)(1,825,805)(1,242,497)Other income (expense):Interest income (expense)(795)2133,083(3,979)Gain on change in fair value of warrant derivative liability-14,360-224,622Other income -227,617-227,617Total other income (expense)(795)242,1903,083448,260(Loss) before income taxes(524,623)(169,468)(1,822,722)(794,237)Income tax (benefit) provision--(3,712)(3,773)Net (loss)(524,623)(169,468)(1,826,434)(798,010)Preferred dividends(132,369)(124,103)(262,891)(248,062)Net (loss) applicable to common shareholders$

(656,992)$

(293,571)$

(2,089,325)$

(1,046,072)(Loss) per common share:Basic and Diluted$

(0.02)$

(0.01)$

(0.06)$

(0.04)Weighted average common shares outstanding:Basic and Diluted35,260,24333,517,84534,641,39928,857,952 


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