Re todays earnings (.03)vs(.51) qtr/qtr & (.07)vs(.83) 9mos/9mos
biz.yahoo.com
I am curious about the move from "sales" to "guaranteed payments"
Im sure it relates to the Ethicon agreement but how does it affect
revenue next month?
3 Months 9 Months
March 31, March 31,
1997 1996 1997 1996
Sales $ 693 $ 1,713 $ 3,524 $ 3,421
Guaranteed Payments 1,480 - 2,980 -
2,173 1,713 6,504 3,421
Cost of Sales 397 734 1,749 1,654
Gross Profit 1,776 979 4,755 1,767
Operating Expenses:
Research and
development 581 384 1,527 864
Sales and marketing 1,216 825 3,419 2,578
General and
administrative 1,044 414 2,597 1,120
Write-off of
acquired in-process
research and
development - 2,791 - 2,791
Total operating
expenses 2,841 4,414 7,543 7,353
Operating loss (1,065) (3,435) (2,788) (5,586)
Interest and other
income (expense) 626 63 1,883 151
Net loss $ (439) $ (3,372) $ (905) $ (5,435)
Net loss per share $(0.03) $ (0.51) $(0.07) $ (0.83) 97 96 97 96 |
