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AutoImmune Inc. Reports 2007 Fourth Quarter and Year End Financial Results
Date:3/14/2008

11,000 1,000

Other income - - - 25,000

124,000 100,000 439,000 466,000

Net loss $36,000 ($56,000) ($481,000) ($118,000)

Net loss per share -

basic $0.00 ($0.00) ($0.03) ($0.01)

Net loss per share -

diluted $0.00 ($0.00) ($0.03) ($0.01)

Weighted average common

shares outstanding -

basic 16,919,623 16,979,623 16,919,623 16,970,558

Weighted average common

shares outstanding -

diluted 16,919,623 16,979,623 16,919,623 16,970,558

CONDENSED BALANCE SHEET

(Unaudited)

December 31, December 31,

2006 2007

Cash and marketable securities $8,763,000 $8,819,000

Other current assets 188,000 152,000

Total assets $8,951,000 $8,971,000

Current liabilities $128,000 $128,000

Minority interest in joint venture - 11,000

Total stockholders' equity 8,823,000 8,832,000

Total liabilities and equity $8,951,000 $8,971,000


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SOURCE AutoImmune Inc.
Copyright©2008 PR Newswire.
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