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Codexis Grows Revenue 35 Percent in Third Quarter; Raises 2010 Outlook
Date:10/28/2010

e of common stock, basic and diluted34,2002,62421,2722,609Codexis, Inc.Condensed Consolidated Balance Sheets(Unaudited)(In Thousands)September 30,December 31,20102009AssetsCurrent assets:   Cash and cash equivalents $
99,274$
31,785   Marketable securities-23,778   Accounts receivable, net 13,8417,246   Related party accounts receivable1,537-   Inventories 3,2452,915   Prepaid expenses and other current assets1,8711,658Total current assets 119,76867,382Restricted cash666731Property and equipment, net 21,01821,581Intangible assets, net 562928Goodwill3,2413,241Other non-current assets 2,8215,173Total assets $
48,076$
99,036Liabilities, redeemable convertible preferred stock, and shareholders' equity (deficit)Current liabilities:   Accounts payable $
8,639 $
9,999   Accrued compensation,046 ,518   Related party payable487 1,314   Other accrued liabilities 7,856 ,376   Redeemable convertible preferred stock warrant liability- 2,009   Deferred revenues 704 2,240   Related party deferred revenues8,622 3,161   Financing obligations4,032 5,368 Total current liabilities 36,386 50,985 Deferred revenues, net of current portion,718 ,856 Related party deferred revenues, net of current portion4,424 7,487 Financing obligations, net of current portion-   2,574 Other long-term liabilities ,415 ,307 Total  liabilities 43,943 4,209 Redeemable convertible preferred stock issuable in series A to F- 179,672 Stockholders' equity (deficit):Common stock4 - Additional paid-in capital271,832 15,015 Accumulated other comprehensive loss(47)(252)Accumulated deficit(167,656)(159,608)Total  stockholders' equity (deficit)4,133 (144,845)Total liabilities, redeemable convertible preferred stock, and shareholders' equity (deficit) $
48,076 $
99,036 Codexis, Inc.Condensed Consolidated Statements of Cash Flow(Unaudited)(In Thousands)Nine Months EndedSeptember 30,20102009Operating activi
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