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Reconciliation of Medicsight results and US GAAP consolidated results
6 Months Ended
Jun. 30, 2011
Reconciliation Of Medicsight Results and Us Gaap Consolidated Results [Abstract]  
Reconciliation Of Medicsight Results and Us Gaap Consolidated Results [Text Block]
9.      Reconciliation of Medicsight results and US GAAP consolidated results

Medicsight listed on the AIM Market of the London Stock Exchange on June 21, 2007.  AIM listing rules require Medicsight to publish results under International Financial Reporting Standards (“IFRS”) in GBP.

The following is reconciliation between Medicsight published financial statements and the US GAAP consolidated results (in thousands):

   
 
Medicsight
plc
   
Medicsight
plc
   
Medicsight
plc
   
Corporate
and Other
   
Total
 
   
(IFRS)
   
GAAP
   
(US GAAP)
   
(US GAAP)
   
(US GAAP)
 
         
Adjustments
                   
                               
Six months ended June 30, 2011
                             
Net revenue from external customers
 
$
264
   
$
   
$
264
   
$
   
$
264
 
Operating loss
   
(4,253
)
   
(9
   
(4,262
)
   
(750
)
   
(5,012
)
Assets
 
$
6,724
   
$
   
$
6,724
   
$
659
   
$
7,383
 
                                         
Six months ended June 30, 2010
                                       
Net revenue from external customers
 
$
326
     
   
$
326
   
$
   
$
326
 
Operating loss
   
(3,765
)
   
(232
)
   
(3,977
)
   
(1,917
)
   
(5,914
)
Assets
 
$
13,063
     
   
$
13,063
   
$
4,294
   
$
17,357
 

The principal GAAP adjustments are the accounting for stock options and cumulative translation adjustments.