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Pro-Dex, Inc. Announces Fiscal Second Quarter And Six-Month Results
Date:1/10/2013

00

33,000Changes in:Accounts receivable and other current receivables

440,000

834,000Inventories

(724,000)

(1,030,000)Prepaid expenses

(65,000)

(88,000)Other assets

--

8,000Accounts payable and accrued expenses

(476,000)

(213,000)Income taxes receivable and payable

39,000

(49,000)Net cash used in operating activities

(791,000)

(6,000)Cash flows from investing activities:Purchases of equipment

(48,000)

(237,000)Net cash used in investing activities

(48,000)

(237,000)Cash flows from financing activities:Proceeds from exercise of stock options

50,000

--Principal payments on term loan

(774,000)

(179,000)Net cash used in financing activities

(724,000)

(179,000)Net decrease in cash

(1,563,000)

(422,000)Cash, beginning of period

4,112,000

4,689,000Cash, end of period

$
2,549,000

$
4,267,000Supplemental InformationCash payments for interest

$
9,000

$
,000Cash payments for income taxes

$
8212;

$
8212; 

 PRO-DEX, INC. and SUBSIDIARIES RECONCILIATION OF NON-GAAP DATA TO GAAP DATA Loss From Continuing Operations Before Provision For Income Taxes 

(in thousands)

(unaudited)For The Three Months Ended December 31,

For The Six Months Ended December 31,2012

2011

2012

2011Earnings before interest, taxes, depreciation and amortization ("EBITDA")

$(196,000)

$(130,000)

$(55,000)

$473,000Interest expense

--

10,000

6,000

20,000Depreciation and amortization

147,000

151,000

298,000

297,000Income from discontinued operations, before provision for income taxes of $21,000 a
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SOURCE Pro-Dex, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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