BSD Medical Releases First Quarter Results.SALT LAKE CITY -- BSD (Berkeley Software Distribution) The software distribution facility of the Computer Systems Research Group (CSRG) of the University of California at Berkeley. Medical Corp. (AMEX AMEX See: American Stock Exchange :BSM BSM Business Service Management BSM Basic Security Module BSM Best Stations Memory (Pioneer car stereos) BSM Business Systems Modernization BSM Bronze Star Medal BSM Black Student Movement BSM Benilde-St. ), a developer of systems used in treating cancer, today released highlights from its quarterly report ending November 30, 2007 that the company has filed. Revenues from sales for the quarter were $1,387,728, compared to $664,655 for the first quarter of the prior year, an increase of 109%. At the close of the quarter the company's sales order The sales order, sometimes abbreviated as SO, is an order received by a business from a customer. A sales order may be for products and/or services. Given the wide variety of businesses, this means that the orders can be fulfilled in several ways. book was $1,645,824. Operating costs operating costs npl → gastos mpl operacionales and expenses were $2,172,155 for the quarter as compared to $2,337,775 for the first quarter of the prior year, a decrease of 7%. The company's loss before income taxes was $658,935 for the quarter compared to a loss before income taxes of $1,330,639 for the same quarter in the previous year, a decrease of 50% due primarily to the effect of increased sales. Cash and cash equivalents reported for the quarter were $731,513. Investments were $15,860,611. Net accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying were $1,527,377. Income tax receivable (projected refunds from taxes previously paid) was $2,162,022. During the quarter the company reported that it had purchased the building used for its operations for $1.2 million in a cash transaction. The appraised value of the building was approximately $2 million. About BSD Medical Corporation BSD Medical is a leading developer of systems designed to provide cancer therapies requiring precision-focused heat through RF/microwave technologies. The company's systems have been designed to kill cancer through heat alone, or as companion therapies to improve the combined results when used along with radiation treatments. For further information visit BSD Medical's website at www.BSDMedical.com. Statements contained in this press release that are not historical facts are forward-looking statements, as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All forward-looking statements are subject to risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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