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Kosan Announces Fourth Quarter and Full Year 2007 Financial Results and 2008 Outlook
Date:2/28/2008

$(9,481) $(4,559) $(28,658) $(29,469)

Basic and diluted net loss

per common share $(0.22) $(0.13) $(0.69) $(0.88)

Shares used in computing

basic and diluted net loss

per common share 42,588 35,244 41,685 33,394

Condensed Balance Sheets

(in thousands)

December 31,

2007 2006

(unaudited)

Cash, cash equivalents,

restricted cash

and marketable securities $70,957 $64,087

Total assets $77,867 $71,187

Deferred revenue $3,268 $19,591

Total liabilities $18,307 $29,433

Total liabilities and

stockholders' equity $77,867 $71,187

Shares issued and outstanding 42,592 35,390


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SOURCE Kosan Biosciences Incorporated
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