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Neuralstem Reports First Quarter Financial Results And Provides Business And Clinical Update
Date:5/10/2013

es authorized, zero shares issued and outstanding

--Common stock, $0.01 par value; 150 million shares authorized, 68,797,964 and
68,189,314 shares outstanding in 2013 and 2012, respectively

687,980681,893Additional paid-in capital

117,190,135114,884,915Accumulated deficit

(112,184,262)(108,594,175)Total stockholders' equity5,693,8536,972,633Total liabilities and stockholders' equity$
5,411,397$
8,750,079 

 Neuralstem, Inc.Unaudited Condensed Statements of OperationsThree Months Ended March 31,20132012Revenues

$
2,500$
56,250Operating expenses:Research and development costs

1,748,3471,422,364General and administrative expenses

1,195,8401,162,156Depreciation and amortization

50,09334,946Total operating expenses

2,994,2802,619,466Operating loss

(2,891,780)(2,463,216)Other income (expense):Interest income

9,9258,715Interest expense

(48,257)(853)Warrant modification expense

(666,736)-Gain from change in fair value of derivative instruments

6,518-Other income

2432,573Total other income (expense) 

(698,307)10,435Net loss

$
(3,590,087)$
(2,452,781)Net loss per share - basic and diluted

$
(0.05)$
(0.05)Weighted average common shares outstanding - basic and diluted

68,700,70951,433,217 


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SOURCE Neuralstem, Inc.
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