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ExonHit Therapeutics Invested Strongly in 2008 for Pivotal 2009 Results
Date:3/3/2009

(27) (106) Accounts receivable 706 97 Grants receivable 16 - Research tax credit receivable 1 449 (1 711) Prepaid expenses and other assets (61) (31) Accounts payable and accrued expenses 463 959 Accrued compensation (16) (157) Other current liabilities - 0 Deferred income, short term (240) (375) Deferred income, long term (372) (116) Net cash used in operating activities (4 934) (9 618) INVESTING ACTIVITIES Purchase of property and equipment (1 051) (1 177) Payment of patent and acquisition of other intangibles 174 - Net cash used in investing activities (877) (1 177) FINANCING ACTIVITIES Proceeds from loans - - Repayment of loans and capital lease 345 (42) Issuance of shares (net of fees) 12 977 261 Net cash provided by (used in) financing activities 13 322 219 Net increase (decrease) in cash and cash equivalents 7 511 (10 576) Effects of exchange rate on cash (141) 284 Cash and cash equivalents, beginning of period 23 972 31 342 Cash and cash equivalents, end of period 31 342 21 050
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