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CEL-SCI CORPORATION Reports Third Quarter 2008 Financial Results

,989,278) (5,554,976)

DIVIDENDS (424,815) -





BASIC & DILUTED 117,773,569 108,526,680




Nine Months Ended

June 30,

2008 2007


Grant revenue $ 3,535 $ 31,779

Rent income 1,530 18,629

Other income - 1,556

Total Revenue 5,065 51,964


Research and development, excluding

depreciation of $101,005 and $62,364

included below 3,041,212 1,817,891

Depreciation and amortization 161,211 129,247

General and administrative 3,931,857 5,473,605

Total Expenses 7,134,280 7,420,743

LOSS FROM OPERATIONS (7,129,215) (7,368,779)


INTEREST INCOME 430,320 362,777

INTEREST EXPENSE (378,569) (1,566,638)


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