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Birner Dental Management Services, Inc. Announces Revenue Up 7.8% for the First Quarter 2010

Thursday, May 13, 2010 General News J E 4
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Quarters

Ended March 31,

2009

2010

RECONCILIATION OF ADJUSTED EBITDA:

  Net income

$         677,026

$         534,356

  Add back:

     Depreciation and amortization - Offices

617,610

614,612

     Depreciation and amortization - Corporate

22,389

21,624

     Stock-based compensation expense  

164,178

234,677

     Interest expense, net

42,415

53,356

     Income tax expense

491,408

403,111

Adjusted EBITDA

$      2,015,026

$      1,861,736

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