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Memory Pharmaceuticals Reports Third Quarter 2008 Financial Results
Date:11/13/2008

2007

ASSETS

Cash and cash equivalents $ 14,024 $ 38,201

Other current assets 8,349 1,417

Restricted cash 505 505

Deferred financing costs 296 519

Property and equipment, net 4,696 5,868

Total assets $ 27,870 $ 46,510

LIABILITIES AND STOCKHOLDERS' (DEFICIT)

EQUITY

Current liabilities (excluding deferred

revenue) $ 17,986 $ 8,789

Equipment notes payable, less current

portion 8 66

Loan payable 7,129 10,831

Deferred revenue 22,576 18,051

Other non-current liabilities 736 506

Total liabilities 48,435 38,243

Stockholders' (deficit) equity (20,565) 8,267

Total liabilities and stockholders'

equity $ 27,870 $ 46,510


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SOURCE Memory Pharmaceuticals Corp.
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