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AutoImmune Inc. Reports 2008 Second Quarter Financial Results
Date:8/7/2008

st

in joint venture 6,000 (2,000) 6,000 (1,000)

Other income - - 25,000 0

119,000 58,000 254,000 143,000

Net loss ($62,000) ($86,000) ($54,000) ($193,000)

Net loss per share -

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

Net loss per share -

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

Weighted average

common shares

outstanding -

basic 16,979,623 16,999,623 16,961,344 16,998,414

Weighted average

common shares

outstanding -

diluted 16,979,623 16,999,623 16,961,344 16,998,414

CONDENSED BALANCE SHEET

(Unaudited)

December 31, June 30,

2007 2008

Cash and marketable securities $8,804,000 $8,590,000

Other current assets 167,000 137,000

Total assets $8,971,000 $8,727,000

Current liabilities $128,000 $119,000

Minority interest in joint venture 11,000 19,000

Total stockholders' equity 8,832,000 8,589,000

Total liabilities and equity $8,971,000 $8,727,000


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SOURCE AutoImmune Inc.
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