<PAGE>
_______________________________________________________________________
_________________________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
/x/ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
SECURITIES EXCHANGE ACT OF 1934
/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarter ended September 30, 1995
___________________________________________________________
COMMISSION FILE NUMBER 0-17714
___________________________________________________________
BIOPOOL INTERNATIONAL, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 58-1729436
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
6025 Nicolle Street
Ventura, California 93003
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 805-654-0643
_______________________________________________________________________
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the proceeding 12 months (or for such shorter period
that the Registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.
YES [X] NO [ ]
Indicate the number of shares outstanding of each of the issuer's classes
of Common Stock, as of the latest practicable date.
Outstanding at September 30, 1995, Common Stock, $.01 par value per
share, 7,929,096 shares.
_______________________________________________________________________
_______________________________________________________________________
<PAGE>
BIOPOOL INTERNATIONAL, INC.
CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
September 30, December 31,
1995 1994
(Unaudited)
_______________________________________________________________________
<S> <C> <C>
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 1,678,724 $ 1,841,475
Accounts receivable, net of
allowance for doubtful
accounts (1995 - $5,885,
1994 - $10,445) 1,127,446 875,978
Inventories 1,958,597 1,528,696
Prepaid expenses and other
current assets 369,154 109,939
_______________________________________________________________________
TOTAL CURRENT ASSETS 5,133,921 4,356,088
_______________________________________________________________________
PROPERTY AND EQUIPMENT 3,320,173 2,480,480
Less accumulated depreciation
and amortization (1,575,422) (1,309,787)
_______________________________________________________________________
PROPERTY AND EQUIPMENT, NET 1,744,751 1,170,693
_______________________________________________________________________
OTHER ASSETS
Patent application costs, net 148,827 141,180
Excess of cost over net assets
of acquired companies, net 684,351 725,646
Other assets 309,079 65,055
_______________________________________________________________________
TOTAL OTHER ASSETS 1,142,257 931,881
_______________________________________________________________________
TOTAL ASSETS $ 8,020,929 $ 6,458,662
_______________________________________________________________________
</TABLE>
See accompanying notes to consolidated financial statements.
3
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: November 7, 1995 BIOPOOL INTERNATIONAL, INC.
___________________ ___________________________
(Registrant)
Michael D. Bick, Ph.D.
___________________________
Michael D. Bick, Ph.D.
Chief Executive Officer and
Chairman of the Board
Jeffrey C. Hass
___________________________
Jeffrey C. Hass
Secretary and Director of Finance
11
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> SEP-30-1995
<CASH> 1,678,724
<SECURITIES> 0
<RECEIVABLES> 1,133,331
<ALLOWANCES> 5,885
<INVENTORY> 1,958,597
<CURRENT-ASSETS> 5,133,921
<PP&E> 3,320,173
<DEPRECIATION> 1,575,422
<TOTAL-ASSETS> 8,020,929
<CURRENT-LIABILITIES> 1,349,011
<BONDS> 0
93,861
0
<COMMON> 0
<OTHER-SE> 9,488,606
<TOTAL-LIABILITY-AND-EQUITY> 8,020,929
<SALES> 4,977,749
<TOTAL-REVENUES> 4,977,749
<CGS> 2,434,455
<TOTAL-COSTS> 4,475,431
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 37,444
<INCOME-PRETAX> 566,215
<INCOME-TAX> 131,313
<INCOME-CONTINUING> 434,902
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 434,902
<EPS-PRIMARY> .06
<EPS-DILUTED> .06
</TABLE>
