U.S. Stem Cell, Inc. Reports Positive Results for 10K 2015

SUNRISE, FL / ACCESSWIRE / March 15, 2016 / U.S. STEM CELL, Inc., a Florida corporation, (f/k/a/ Bioheart, Inc.) (OTCQB: USRM) a leader in the regenerative medicine, cellular therapy industry providing physician based stem cell therapies to human and animal patients as well as a developer of novel autologous cell therapies, is pleased to highlight the following results from operations for the year ending December 31, 2015:

– Current Liabilities (Debt) decreased 28% or $3.1 million, as of December 31, 2015 from $11.1 million to $8.0 million
– Working capital deficit improved 40% for the same time period year-over-year from $10.9 million (10K 2014) to $6.6 million (10K 2015)
– Revenue increased by 8% from $2.06M (10K 2014) to $2.2M (10K 2015)
– Net loss improved 26% from $2.3M in 2014 to $1.7M in 2015 (gain on debt in 2014 of $2.5M as compared to gain of debt of $2.6M in 2015)

“We are very pleased with our continuing year-over-year improvements in operations and balance sheet performance,” stated Mike Tomas, President & CEO of U.S. Stem Cell Inc. “This last year we also completed our new branding campaign and continued to advance our key strategic business initiatives, which are to grow top line revenues, move the company to positive cash flows and to seek out new business opportunities for continued growth. We sincerely thank our shareholders and friends for the long-standing support and we look forward to reporting on our future successes.”

About U.S. Stem Cell, Inc.

US Stem cell, Inc. (formerly Bioheart, Inc.) is an emerging enterprise in the regenerative medicine / cellular therapy industry. We are focused on the discovery, development and commercialization of cell based therapeutics that prevent, treat or cure disease by repairing and replacing damaged or aged tissue, cells and organs and restoring their normal function. We believe that regenerative medicine / cellular therapeutics will play a large role in positively changing the natural history of diseases ultimately, we contend, lessening patient burdens as well as reducing the associated economic impact disease imposes upon modern society.

Our business, which includes three operating divisions (US Stem Cell Training, Vetbiologics and US Stem Cell Clinic) includes the development of proprietary cell therapy products as well as revenue generating physician and patient based regenerative medicine / cell therapy training services, cell collection and cell storage services, the sale of cell collection and treatment kits for humans and animals, and the operation of a cell therapy clinic. Management maintains that revenues and their associated cash in-flows generated from our businesses will, over time, provide funds to support our clinical development activities as they do today for our general business operations. We believe the combination of our own therapeutics pipeline combined with our revenue generating capabilities provides the Company with a unique opportunity for growth and a pathway to profitability.

Forward-Looking Statements: Except for historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,” “to,”  ”plan,” “expect,” “believe,”  ”anticipate,” “intend,” “could,”  ”would,” “estimate,” or “continue,” or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

The Company is subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including the section entitled “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2014, and its Quarterly Reports on Form 10-Q.

Media Contact:

U.S. Stem Cell, Inc.
13794 NW 4th Street, Suite 212
Sunrise, Florida 33325
Phone: 954.835.1500

SOURCE: U.S. Stem Cell, Inc.

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