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Anesiva Announces Fourth Quarter and Year-End 2007 Financial Results and Provides 2008 Outlook
Date:2/11/2008

Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

Three months ended Twelve months ended

December 31, December 31,

2007 2006 2007 2006

(unaudited) (unaudited) (unaudited) (Note)

Contract revenue $ 1 $ 89 $ 51 $ 89

Operating expenses:

Research and

development 10,745 9,810 35,660 35,259

General and

administrative 7,296 6,366 25,722 23,582

Total operating

expenses 18,041 16,176 61,382 58,841

Loss from operations (18,040) (16,087) (61,331) (58,752)

Interest and other

income (expense), net 331 772 2,049 3,185

Net loss $(17,709) $ (15,315) $(59,282) $(55,567)

Basic and diluted net

loss per common share $ (0.60) $ (0.65) $ (2.12) $ (2.69)

Shares used to compute

basic and diluted net

loss per common share 29,713 23,393 28,024 20,643

Stock-based

compensation $ 1,694 $ 2,259

Anesiva, Inc.

Condensed Consolidated Balance Sheets

(In thousands)

December 31, December 31,

2007 2006

(unaudited) (Note)

Assets

Cash, cash equivalents

and short-term investments $90,840 $85,055

Other current assets
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SOURCE Anesiva, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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