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Inovio Pharmaceuticals Reports 2013 First Quarter Financial Results

d entity

832,494887,167Deferred tax asset

62,72862,728Total current assets30,316,10515,967,912Restricted cash

100,497100,410Fixed assets, net

362,889363,021Investment in affiliated entity

9,867,24810,703,332Intangible assets, net


10,113,37110,113,371Common stock warrants

266,400267,200Other assets

133,543134,193Total assets$


45,138,754LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable and accrued expenses



3,181,574Accounts payable and accrued expenses due to affiliated entity

377,732187,275Accrued clinical trial expenses

2,199,8801,405,896Common stock warrants

10,254,9592,859,899Deferred revenue

201,964353,391Deferred revenue from affiliated entity

376,042388,542Total current liabilities15,978,2088,376,577Deferred revenue, net of current portion

86,94888,609Deferred revenue from affiliated entity, net of current portion

1,492,9441,586,694Deferred rent

58,34965,076Deferred tax liabilities

164,393164,393Total liabilities17,780,84210,281,349Inovio Pharmaceuticals, Inc. stockholders' equity:Common stock

179,941144,313Additional paid-in capital

278,289,806263,897,116Accumulated deficit

(238,604,249)(229,760,129)Accumulated other comprehensive income

66,51873,362Total Inovio Pharmaceuticals, Inc. stockholders' equity39,932,01634,354,662Non-controlling interest

488,583502,743Total stockholders' equity

40,420,59934,857,405Total liabilities and stockholders' equity$




March 31,20132012Revenues:License fee and milestone revenue




SOURCE Inovio Pharmaceuticals, Inc.
Copyright©2012 PR Newswire.
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