Sensus Healthcare Third Quarter Financial Results Feature Revenue Growth of 32%

Friday, November 2, 2018 General News
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Shipped 18 systems during the quarter including 15 SRT-100 Vision™ systems

SENSUS HEALTHCARE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

For the Three Months Ended 

For the Nine Months Ended 

September 30,

September 30,

2018

2017

2018

2017

Revenues

$

6,333,996

$

4,795,616

$

18,346,193

$

14,118,130

Cost of Sales

2,165,345

1,577,715

6,296,653

4,631,263

Gross Profit

4,168,651

3,217,901

12,049,540

9,486,867

Operating Expenses

Selling and marketing

1,971,539

1,844,199

6,146,759

6,211,124

General and administrative

907,746

837,972

3,163,621

2,798,198

Research and development

1,712,725

1,501,157

4,775,767

3,795,477

Total Operating Expenses

4,592,010

4,183,328

14,086,147

12,804,799

Loss From Operations

(423,359)

(965,427)

(2,036,607)

(3,317,932)

Other Income (Expense)

Interest income

23,010

18,642

68,620

59,318

Interest expense

(57,759)

(18,902)

(156,685)

(43,316)

Other Income (Expense), net

(34,749)

(260)

(88,065)

16,002

Net Loss

$

(458,108)

$

(965,687)

$

(2,124,672)

$

(3,301,930)

Net Loss per share – basic and diluted

$

(0.03)

$

(0.07)

$

(0.16)

$

(0.25)

Weighted average number of shares used in computing net loss per share – basic and diluted

13,781,506

13,251,714

13,498,760

13,231,398



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