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Monogram Announces 2008 Third Quarter Financial Results
Date:10/27/2008

1 1,266

License revenue 108 1,186 123 1,486

Total revenue 16,142 10,394 47,111 29,503

Operating costs and expenses:

Cost of product revenue 7,649 5,774 21,137 16,806

Research and development 6,308 3,788 18,576 14,295

Sales and marketing 4,400 4,178 12,885 12,280

General and administrative 4,067 4,292 12,796 12,149

Total operating costs and expenses 22,424 18,032 65,394 55,530

Operating loss (6,282) (7,638) (18,283) (26,027)

Convertible debt valuation

adjustment and interest

income/(expense), net 1,352 4,558 6,108 5,275

Net loss before cumulative effect

of change in accounting principle (4,930) (3,080) (12,175) (20,752)

Cumulative effect of change in

accounting principle - - - 2,242

Net loss after cumulative effect

of change in accounting principle $(4,930) $(3,080) $(12,175) $(18,510)

Basic and diluted net loss per

common share before cumulative

effect of change in accounting

principle $(0.04) $(0.02) $(0.09) $(0.16)

Cumulative effect per share of

change in accounting principle $- $- $- $0.02

Basic and diluted net loss per

common share after cumulative

effect of change in accounting

principle $(0.04) $(0.02) $(0.09) $(0.14)

Weighted-average shares used in

computing basic net loss per

common share 135,059 132,393 134,603 132,003

Reconciliation of Non-GAAP Proforma

Results to GAAP

Net loss after cumulative effect of

change in accounting princi
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SOURCE Monogram Biosciences, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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