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EpiCept Reports Second Quarter 2013 Operating and Financial Results
Date:7/31/2013

of Operations Data(in $000s except share and per share data)Three Months Ended June 30,Six Months Ended June 30,2013201220132012Product net revenues$
8212;$
577$
283$
583Licensing and other revenues996,0251926,260Total revenue996,6024756,843Costs and expenses:Cost of goods sold

396143

396Selling, general and administrative

927

1,3841,737

2,815Research and development

681

9631,011

2,259Total costs and expenses

1,608

2,7432,891

5,470Income (loss) from operations

(1,509)

3,859(2,416)

1,373Other income (expense):Interest income

1—

3Foreign exchange loss

(521)—

(264)Warrant amendment expense

——

(936)Interest expense

(175)

(380)(363)

(743)Other income (expense), net

(175)

(900)(363)

(1,940)Net income (loss) before income taxes(1,684)2,959(2,779)(567)Income taxes

—(5)

(2)Net income (loss )$
(1,684)$
2,959$
(2,784)$
(569)Deemed dividends on convertible preferred stock

(750)—

(1,926)Income (loss) attributable to common stockholders $
(1,684)

$
2,209
$
(2,784)

$
(2,495)
Basic and diluted income (loss) per common share

$
(0.01)

$
.03
$
(0.03)

$
(0.03)
Weighted average shares - Basic

113,639,424

83,772,960110,158,277

80,414,692Weighted average shares - Diluted

113,639,424

91,591,893110,158,277

80,414,692EpiCe
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SOURCE EpiCept Corporation
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