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Pro-Dex, Inc. Announces Fiscal Second Quarter And Six-Month Results


743,000General and administrative expenses


1,504,000Research and development costs


1,069,000Total operating expenses


3,316,000Income (loss) from continuing operations before items below


39,000Other expense:Interest expense


(20,000)Total other expense


(20,000)Income (loss) from continuing operations before provision for (benefit from) income taxes


19,000Provision for (benefit from) income taxes


2,000Income (loss) from continuing operations


17,000Income from discontinued operations, net of provision for income taxes of $25,000 in 2012 and $0 in 2011


137,000Net income (loss)


54,000Per share data:Income (loss) from continuing operationsBasic




.01Income from discontinued operationsBasic




.04Net income (loss)Basic




.05Weighted average shares outstanding - basic


3,272,350Weighted average shares outstanding - diluted






2011Cash flows from operating activities:Net income (loss)


54,000Adjustments to reconcile net income (loss) to net cash used in operating activities:Depreciation and amortization


339,000Allowance for doubtful accounts


6,000Share-based compensation


SOURCE Pro-Dex, Inc.
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