Mazor Robotics Reports First Quarter 2012 Financial Results

Convenient Translation at NIS 3.715 = US$ 1

             
Balance Sheet Highlights (US$000s)      
3/31/2012   3/31/2011   12/31/2011
Cash/Equivalents 2,777 9,245 3,614
Short Term Investments 11,684 12,984 12,956
Accounts Receivable 2,871 960 1,395
Other Receivables 448 268 276
Inventory 1,392   981   1,363
Current Assets 19,171 24,438 19,603
Long Term Assets 1,407 1,263 1,404
Current Liabilities 7,132 2,293 6,506
Long Term Liabilities 682 4,025 633
Capital   12,765   19,384   13,868
 
     
Income Statement Highlights   3 month ended
(US$000s) 3/31/12     3/31/11  
Revenue 2,482   1,712
Cost of Goods Sold 610     463  
Gross Profit 1,873 1,249
Research and Development 608 731
Marketing & Sales 1,938 1,450
General Administration 453     436  
Operating Loss (1,127 ) (1,367 )
Finance Income, Net (Expense) (139 )   (148 )
Loss Before Income Tax (1,266 ) (1,515 )
Income Tax 2     3  
Loss for Period   (1,268 )   (1,519 )
 




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