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Monogram Announces Third Quarter 2007 Financial Results
Date:10/24/2007

September 30, December 31,

2007 2006

ASSETS (Note 1)

Current assets:

Cash and cash equivalents $18,553 $8,263

Short-term investments 10,933 22,867

Accounts receivable, net 8,694 6,849

Prepaid expenses 1,055 1,234

Inventory 1,184 961

Other current assets 248 378

Total current assets 40,667 40,552

Property and equipment, net 7,388 7,463

Goodwill 9,927 9,927

Deferred costs 5,236 1,783

Other assets 749 1,120

Total assets $63,967 $60,845

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $1,864 $1,271

Accrued compensation 2,712 2,258

Accrued liabilities 4,458 4,720

Current portion of restructuring

costs 610 1,128

Deferred revenue, current portion 1,140 404

Current portion of loans payable and

capital lease obligations 4,721 6,355

Contingent value rights 2,102 2,813

Total current liabilities 17,607 18,949

Long-term 3% convertible promissory note 20,683 25,000

Long-term 0% convertible promissory note 18,168
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SOURCE Monogram Biosciences, Inc.
Copyright©2007 PR Newswire.
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