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Cadus Reports Second Quarter 2009 Results
Date:8/13/2009

2009 2008 -------- ------------ (Unaudited) (Audited) Current assets: Cash and cash equivalents $21,008,261 $19,236,212 Short term investments 3,135,321 5,048,775 Interest receivable 7,151 13,116 Prepaid and other current assets 40,140 14,090 ----------- ----------- Total current assets 24,190,873 24,312,193 Investment in other ventures 194,046 193,718 Patents, net 421,184 464,401 ----------- ----------- Total assets $24,806,103 $24,970,312 =========== =========== LIABILITIES AND STOCKHOLDERS' EQUITY ------------------------------------ Current liabilities: Accrued expenses and other current liabilities $26,748 $15,055 ----------- ----------- Total current liabilities 26,748 15,055 ----------- ----------- Commitments Stockholders' equity: Common stock 132,857 132,857 Additional paid-in capital 59,847,443 59,847,443 Accumulated deficit (34,900,870) (34,724,968) Treasury stock - at cost (300,075) (300,075) ----------- ---------
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