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improvements - - 1,030
Depreciation and amortization 297 321 3,115
In-process research and
development - - 418
Total operating expenses 10,232 12,448 144,638
Loss from operations (10,232) (9,288) (139,694)
Other income (expenses):
Interest income 693 1,702 9,643
Interest expense (92) (70) (1,500)
Change in fair value of
warrant liability (64) - (454)
Other expense - - (1,180)
Loss before tax benefit (9,695) (7,656) (133,185)
(Provision for)/benefit
from income taxes - (75) 620
Net loss (9,695) (7,731) (132,565)
Deemed dividend - - (19,424)
Preferred stock accretion (41) - (802)
Net loss attributable to
common stockholders $(9,736) $ (7,731) $(152,791)
Net loss attributable to
common stockholders per
common share - basic and
diluted $ (10.21) $(0.34)
Weighted-average common
shares outstanding -
basic and diluted 953,959 22,412,689
See accompanying notes to consolidated financial statements
Table 2
Amicus Therapeutics, Inc.
Reconciliation of GAAP to non-GAAP Measures for the Statement of Operations Information for Three Months Ended March 31, 2008
(Unaudited)
(In thousands, except share and per share amounts)
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