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VirtualScopics Reports 2nd Quarter 2012 Results
Date:8/14/2012

enses4,731

3,714Depreciation and amortization106,991

113,224Stock-based compensation expense 132,676

217,981Unrealized gain on change in fair value of derivative liabilities(108,459)

(173,335)  Adjusted EBITDA$
72,973

$
489,234  Basic Adjusted EBITDA per common share, non-GAAP$
.00

$
.02  Diluted Adjusted EBITDA per common share, non-GAAP$
.00

$
.01Six Months EndedSix Months EndedAdjusted EBITDA (non-GAAP measurement):June 30, 2012June 30, 2011(unaudited)(unaudited)Net (loss) income$
(676,511)

$
27,269Interest income and other expenses4,583

3,708Depreciation and amortization218,610

250,448Stock-based compensation expense 321,943

461,953Unrealized loss on change in fair value of derivative liabilities286,453

38,799  Adjusted EBITDA$
55,078

$
882,177  Basic Adjusted EBITDA per common share, non-GAAP$
.01

$
.03  Diluted Adjusted EBITDA per common share, non-GAAP$
.01

$
.02
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SOURCE VirtualScopics, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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