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Cempra, Inc. Reports Fourth Quarter and Full Year 2012 Financial and Operating Results
Date:2/28/2013

rm debt

7,6239,504Total liabilities

$
2,968$
9,030Commitments and ContingenciesRedeemable Convertible Preferred Shares

-94,514Shareholders' Equity (Deficit)Common shares; 100,000,000 shares authorized, no par value;533,839 shares issued and outstanding at December 31, 2011 andnone issued and outstanding at December 31, 2012

--Common stock; $.001 par value; none issued and outstanding atDecember 31, 2011 and 80,000,000 shares authorized; 24,903,774shares issued and outstanding at December 31, 2012

25-Additional paid-in capital

178,971-Deficit accumulated during the development stage

(121,226)(96,685)Total shareholders' equity  (deficit)

57,770(96,685)Total liabilities, redeemable convertible preferred sharesand shareholders' equity (deficit)

$
70,738$
,859Condensed Consolidated Statements of Operations(unaudited; in thousands, except loss per share data)Three Months Ended December 31,20122011Revenues

 

$ -


$ -Operating expensesResearch and development

4,4131,458General and administrative

1,8251,057T
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SOURCE Cempra, Inc.
Copyright©2012 PR Newswire.
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