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Pro-Dex, Inc. Announces Fiscal Second Quarter 2010 Results
Date:2/4/2010

ase) in income taxes payable 25,000 (106,000) ------ -------- Net Cash provided (used) by Operating Activities 971,000 (56,000) ------- ------- Cash Flows From Investing Activities: Purchases of equipment and leasehold improvements (90,000) (180,000) ------- -------- Net Cash used in Investing Activities (90,000) (180,000) ------- -------- Cash Flows from Financing Activities: Net (payments) on line of credit - (1,600,000) Principal (payments) on term note - (125,000) Principal (payments) borrowing on TI Loan (200,000) 1,967,000 Principal (payments) on mortgage (16,000) (16,000) Stock repurchases - (101,000) --- -------- Net Cash (used) provided by Financing Activities (216,000) 125,000 -------- ------- Net increase (decrease) in Cash and Cash Equivalents 665,000 (111,000) Cash and Cash Equivalents, beginning of period 1,125,000 517,000 --------- ------- Cash and Cash Equivalents, end of period $1,790,000 $406,000 =====
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