TEWKSBURY, Mass.--(BUSINESS WIRE)--Cambridge Heart, Inc. (OTCBB-CAMH), today reported total revenue of $927,448 for the second quarter ended June 30, 2008, a decrease of 65% from total revenue of $2,653,160 reported during the same period of 2007. On a sequential basis, total revenue decreased 21.2% from revenue reported for the quarter ended March 31, 2008. The operating loss for the second quarter of 2008 was $2,629,943, compared to an operating loss of $2,423,433 for the same period in 2007. Included in the operating loss for the second quarter of 2008 was $730,118 of non-cash stock-based compensation expense. The net loss for the quarter was $2,559,384, or $0.04 per share, compared to a net loss of $2,202,560, or $0.03 per share, in the comparable 2007 period.
