-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 G39bkJKcsqIojpPPOUI0vybXqBxB4q3MaLXCOLuX7965WvXOdyAArwFq+WAFnTDY
 q/IZkpXaChIBpu2PFPP06Q==

<SEC-DOCUMENT>0001104659-07-026101.txt : 20070405
<SEC-HEADER>0001104659-07-026101.hdr.sgml : 20070405
<ACCEPTANCE-DATETIME>20070405142630
ACCESSION NUMBER:		0001104659-07-026101
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070330
FILED AS OF DATE:		20070405
DATE AS OF CHANGE:		20070405

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GARDNER LINDSAY A
		CENTRAL INDEX KEY:			0001197766

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21607
		FILM NUMBER:		07751518

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		3032797900

	MAIL ADDRESS:	
		STREET 1:		ISONICS CORP
		STREET 2:		5906 MCINTYRE STREET
		CITY:			GOLDEN
		STATE:			CO
		ZIP:			80403

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ISONICS CORP
		CENTRAL INDEX KEY:			0001023966
		STANDARD INDUSTRIAL CLASSIFICATION:	CHEMICALS & ALLIED PRODUCTS [2800]
		IRS NUMBER:				770338561
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			0430

	BUSINESS ADDRESS:	
		STREET 1:		5906 MCINTYRE STREET
		CITY:			GOLDEN
		STATE:			CO
		ZIP:			80403
		BUSINESS PHONE:		3032797900

	MAIL ADDRESS:	
		STREET 1:		5906 MCINTYRE STREET
		CITY:			GOLDEN
		STATE:			CO
		ZIP:			80403
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>a4.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-03-30</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001023966</issuerCik>
        <issuerName>ISONICS CORP</issuerName>
        <issuerTradingSymbol>ISON</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001197766</rptOwnerCik>
            <rptOwnerName>GARDNER LINDSAY A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ISONICS CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>5906 MCINTYRE STREET</rptOwnerStreet2>
            <rptOwnerCity>GOLDEN</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80403</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former VP-Corp Dev/Life Sci</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>62287</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>62573</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option F1,</value>
                <footnoteId id="F1"/>
                <footnoteId id="F3"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.94</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2007-02-14</value>
            </exerciseDate>
            <expirationDate>
                <value>2012-02-13</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>200000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>200000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">This transaction was exempt from 16(a) reporting requirements pursuant to Rule 16b-3(d).</footnote>
        <footnote id="F2">These shares were acquired pursuant to an Employee Stock Purchase Plan.  The transaction is therefore exempt from Section 16(a) reporting requirements by reason of Rule 16a-3(f)(1)(i)(B) and is exempt from Section 16(b) by reason of Rules 16b-3(c) and 16b-3(d).</footnote>
        <footnote id="F3">Options granted pursuant to the 2007 Restructuring Equity Plan.  Such options vested immediately upon grant.  The grant of options is subject to acceptance by the reporting person, which acceptance was received on February 15, 2007.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Lindsay A. Gardner</signatureName>
        <signatureDate>2007-04-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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