Sigma Labs Announces Full Year 2017 Financial Results

A replay of the call will be available approximately one hour after the end of the call through May 6, 2018. The replay can be accessed via Sigma Labs' website or by dialing 877-344-7529 (domestic) or 412-317-0088 (international) or Canada Toll Free at 855-669-9658. The replay conference ID number is 10118960. The webcast replay will be available through July 9, 2018.

About Sigma Labs, Inc.
Sigma Labs, Inc. is a provider of quality assurance software under the PrintRite3D® brand and a developer of advanced, in-process, non-destructive quality assurance software for commercial firms worldwide seeking productive solutions for advanced manufacturing. For more information please visit us at www.sigmalabsinc.com.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K (including but not limited to the discussion under “Risk Factors” therein) filed with the SEC on March 31, 2017 and which may be viewed at http://www.sec.gov.

Investor Relations Contact:
Bret Shapiro
Managing Director
CORE IR
561-479-8566
brets@coreir.com


Sigma Labs, Inc.
Condensed Balance Sheets
(Unaudited)

	December 31, 2017			December 31, 2016

ASSETS
Current Assets:
Cash	$	1,515,674		$	398,391
Accounts Receivable, net		104,538			288,236
Note Receivable, net		788,500			-
Inventory		192,705			187,241
Prepaid Expenses		55,278			36,056
Total Current Assets		2,656,695			909,924

Other Assets:
Property and Equipment, net		411,643			564,933
Intangible Assets, net		294,396			226,450
Investment in Joint Venture		500			500
Prepaid Stock Compensation		31,576			167,562
Total Other Assets		738,115			959,445

TOTAL ASSETS	$	3,394,810		$	1,869,369

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable		100,884			112,175
Notes Payable, net of original issue discount of $0 at
December 31, 2017 and net of original issue discount of
$69,703 and net of debt discount $358,280 at December 31,
2016		100,000			561,834
Deferred Revenue		108,680			76,315
Accrued Expenses		146,330			121,801
Total Current Liabilities		455,894			872,125
Long-Term Liabilities
Derivative Liability		-			93,206
Total Long-Term Liability		-			93,206

TOTAL LIABILITIES		455,894			965,331

Stockholders' Equity
Preferred Stock, $0.001 par; 10,000,000 shares authorized;
None issued and outstanding		-			-
Common Stock, $0.001 par; 7,500,000 shares authorized;
4,978,929 and 3,133,789 issued and outstanding at
December 31, 2017 and December 31, 2016, respectively		4,979			3,135
Additional Paid-In Capital		17,345,407			10,734,857
Accumulated Deficit		(14,411,470	)		(9,833,954	)
Total Stockholders' Equity		2,938,916			904,038

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	3,394,810		$	1,869,369

« Previous Page 1 | 2 | 3 | 4 Next Page »