UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended September 30, 2008
or
¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from                             to

Commission file number: 0-31641

2839 Charter Street, Columbus, Ohio 43228

(Address of principal executive offices) (Zip Code)

(614) 486-0261

(Registrant’s telephone number, including area code)

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

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 preceding 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 by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definition of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer    ¨    Accelerated filer    ¨    Non-accelerated filer    ¨    Smaller reporting company    x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes    ¨     No    x

3,560,259 shares of Common Stock, without par value, were outstanding at October 30, 2008.

 

 

FORM 10-Q

SCI ENGINEERED MATERIALS, INC.

 

Table of Contents

			Page No.
PART I.       FINANCIAL INFORMATION
	Item 1.	Financial Statements.
		Balance Sheets as of September 30, 2008 (unaudited)
		and December 31, 2007	3
		Statements of Operations for the Three Months and Nine Months
		Ended September 30, 2008 and 2007 (unaudited)	5
		Statements of Cash Flows for the Nine Months
		Ended September 30, 2008 and 2007 (unaudited)	6
		Notes to Financial Statements (unaudited)	8
	Item 2.	Management's Discussion and Analysis of Financial Condition and
		Results of Operations.	14
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk.	N/A
	Item 4.	Controls and Procedures.	20
PART II.      OTHER INFORMATION
	Item 1.	Legal Proceedings.	N/A
	Item 1A.	Risk Factors	N/A
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	N/A
	Item 3.	Defaults Upon Senior Securities.	N/A
	Item 4.	Submission of Matters to a Vote of Security Holders.	N/A
	Item 5.	Other Information.	N/A
	Item 6.	Exhibits.	21
	Signatures.		21