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CTE develops and manufactures small bore vascualar grafts, or synthethic blood vessels. It also develops, manufactures & markets biomaterials for use in implanted devices. For the 6 months ended 12/31/04, revenues rose less than 1% to $16.1M. Net loss increased 35% to $968K. Revenues reflect higher contract manufacturing revenues. Net loss reflects the inclusion of $37K equity in loss on CorNova, Inc.
Institutional data based on company's quarterly reporting, insiders on a 6-month rolling basis.
Corporate Events
No Upcoming Events found for this company.
Equity:
Common Stock $.01 Par, 12/04, 50M auth., 18,922,984 issd., less 135,754 shs. in Treas. @ cost. Insiders control 21% (incl. 4.3M in options). Stock issued 6/96, through a spinoff of PolyMedica Industries. *4/03, Company acquired Gish Biomedical, Inc. @ 1.3422 shs. (4,821,377 shares issd.).
Analyst Footnotes:
3/00, All preferred stock converted into 353,123 shs. of common at a price of $1.5842. FY '02 Qs are reclassified.
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