UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
report (Date of earliest event reported) March
6, 2008
(Exact
Name of Registrant as Specified in Its Charter)
(State
or
Other Jurisdiction of
Incorporation)
1-9341
|
|
02-0377419
|
(Commission
File Number)
|
|
(IRS
Employer Identification No.)
|
98
Spit Brook Road, Suite 100, Nashua, New Hampshire
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03062
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see
General
Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
2.02 |
Results
of Operations and Financial
Condition.
|
On
March
6, 2008 iCAD, Inc. (the “Company”) issued a press release announcing its
financial results for the quarter and year ended December 31, 2007. A copy
of
the Company’s press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item
5.02 |
Departure
of Directors or Certain Officers; Election of Directors; Appointment
of
Certain Officers; Compensatory Arrangements of Certain
Officers.
|
On
March
6, 2008, the Company’s Board of Directors, upon the recommendation and approval
of the Compensation Committee of the Board, approved the following fiscal 2007
bonuses for the Company’s executive officers, which will be paid in March 2008:
Kenneth Ferry, Chief Executive Officer - $268,125; Darlene Deptula-Hicks,
Executive Vice President of Finance and Chief Financial Officer - $132,000;
Jeffrey Barnes, Senior Vice President of Sales - $120,000; Jonathan Go, Senior
Vice President of Research and Development - $117,000; and Stacey Stevens,
Senior Vice President of Marketing and Strategy - $108,000.
Item
9.01 |
Financial
Statements and Exhibits
|
Exhibit
99.1 referenced below is being furnished pursuant to Item 2.02, is not to be
considered filed under the Securities Exchange Act of 1934, as amended
("Exchange Act"), and shall not be incorporated by reference into any of the
Company's previous or future filings under the Securities Act of 1933, as
amended, or the Exchange Act.
(d)
Exhibits.
Exhibit
No.
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Description
of Exhibit
|
|
|
99.1
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Press
Release of iCAD, Inc., dated March 6,
2008.
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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.
iCAD,
INC.
(Registrant)
By:
/s/
Darlene M.
Deptula-Hicks
Darlene
M. Deptula-Hicks
Executive Vice President of Finance,
Chief Financial Officer
Date:
March 11, 2008
EXHIBIT
INDEX
Exhibit
No.
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Description
of Exhibit
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99.1
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Press
Release of iCAD, Inc., dated March 6,
2008.
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