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KOOL > SEC Filings for KOOL > Form 8-K on 29-Aug-2013All Recent SEC Filings

Show all filings for THERMOGENESIS CORP



Termination of a Material Definitive Agreement, Results of Operations and Fina

Item 1.02 Termination of a Material Definitive Agreement.

On August 26, 2013, ThermoGenesis Corp. (the "Company") sent GE Healthcare Bio-Sciences AB ("GE") a ninety (90) day notice of termination of the Amended and Restated International Distribution Agreement, which terminates the agreement effective November 24, 2013 pursuant to Section 19 of the agreement.

Item 2.02 Results of Operations and Financial Condition

Item 2. On August 29, 2013, ThermoGenesis Corp. issued a press release
announcing its results of operations and financial condition for the year ended June 30, 2013. The full text of the press release is set forth in Exhibit 99.1 attached to this report.

This press release includes adjusted EBITDA, which is a financial measure that is not determined in accordance with United States generally accepted accounting principles "U.S. GAAP". Adjusted EBITDA represents loss from operations excluding amounts for depreciation and amortization, stock-based compensation expense, impairment of intangible asset and gain on sale of product lines. Adjusted EBITDA should not be considered in isolation or as a substitute for net loss as a measure of performance. Reconciliations to the comparable GAAP measures are provided in the accompanying financial and operating summaries.

Item 9.01 Financial Statements and Exhibits

99.1 Press release dated August 29, 2013, titled "ThermoGenesis Reports Fourth Quarter and Full Fiscal Year 2013 Results; Company Reduces Net Loss and Prepares for Merger with TotipotentRX"

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