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Neuralstem Announces 2012 Financial Results, Provides Clinical Trials Update
Date:3/15/2013

30,397292,193Patent filing fees, net

807,357701,846Other assets

59,56875,394Total assets$
8,750,079$
4,086,177LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable and accrued expenses 

$
,199,662$
,843,684Accrued bonus expense

465,865582,675Other current liabilities

90,776-Total current liabilities1,756,3032,426,359Deferred rent, net of current portion

21,143-Total liabilities

1,777,4462,426,359STOCKHOLDERS' EQUITYPreferred stock, 7,000,000 shares authorized, zero shares issued and outstanding

--Common stock, $0.01 par value; 150 million shares authorized,  68,189,314 and 48,682,118 shares outstanding in 2012 and 2011,respectively

681,893486,821Additional paid-in capital

114,884,91599,645,655Accumulated deficit

(108,594,175)(98,472,658)Total stockholders' equity6,972,6331,659,818Total liabilities and stockholders' equity$
8,750,079$
4,086,177 Neuralstem, Inc.Statements of OperationsYear Ended December 31,20122011Revenues

$
407,708$
390,625Operating expenses:Research and development costs

6,105,9847,354,857General and administrative expenses

4,247,0375,839,188Depreciation and amortization

211,143187,050Total operating expenses

10,564,16413,381,095Operating loss

(10,156,456)(12,990,470)Other income (expense):Litigation settlement

3,484250,000Interest income

34,15460,955Interest expense

(2,699)(821)Gain from change in fair value of warrant obligations

-161,809Total other income (expense) 

34,939471,943Net loss

$
(10,121,517)$
(12,518,527)Net loss per share - basic and diluted

$
(0.17)$
(0.26)Weighted average common shares outstanding - basic and diluted

58,153,92948,340,557 

About Neuralstem

Neuralstem's patented technology enables the ability to produce n
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SOURCE Neuralstem, Inc.
Copyright©2012 PR Newswire.
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