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Pro-Dex, Inc. Announces Fiscal Second Quarter and Six Month Results
Date:2/10/2011

25,000Net cash (used in) provided by operating activities

(58,000)

971,000Cash flows from investing activities: Purchases of equipment and leasehold improvements

(16,000)

(90,000)Net cash used in investing activities

(16,000)

(90,000)Cash flows from financing activities:Principal payments on bank term loan

(200,000)

(200,000)Principal payments on real estate loan

(1,528,000)

(16,000)Proceeds from exercise of stock options

27,000Net cash used in financing activities

(1,701,000)

(216,000)Net (decrease) increase in cash and cash equivalents

(1,775,000)

665,000Cash and cash equivalents, beginning of period

3,794,000

1,125,000Cash and cash equivalents, end of period

$
2,019,000

$
,790,000Supplemental InformationCash payments for interest

$
21,000

$
5,000Cash payments for income taxes

$
59,000

$
,000
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SOURCE Pro-Dex, Inc.
Copyright©2010 PR Newswire.
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