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Jazz Pharmaceuticals, Inc. Announces First Quarter 2008 Financial Results

ketable securities 4,410 -

Accounts receivable, net 5,310 5,389

Inventories 2,200 2,213

Prepaid expenses 3,210 3,224

Other current assets 1,346 381

Total current assets 119,245 116,091

Property and equipment, net 3,875 3,941

Intangible assets, net 74,919 36,040

Goodwill 38,213 38,213

Long-term restricted cash and

investments - 12,000

Other long-term assets 2,766 1,269

Total assets $239,018 $207,554


Current liabilities:

Line of credit $3,180 $3,459

Accounts payable 8,915 2,856

Accrued liabilities 30,133 29,047

Purchased product rights liability 31,000 -

Deferred revenue 1,494 1,494

Total current liabilities 74,722 36,856

Non-current portion of deferred revenue 12,183 12,468

Liability under government settlement 13,063 14,881

Senior secured notes 113,367 75,116

Common stock subject to repurchase 13,241 13,241

Stockholders' equity 12,442 54,992

Total liabilities and stockholders'


SOURCE Jazz Pharmaceuticals, Inc.
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