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Neuralstem Reports Third Quarter Financial Results And Provides Business And Clinical Update
Date:11/12/2013

repaid expenses

343,973205,651Total current assets17,328,5787,652,757Property and equipment, net

253,562230,397Patent filing fees, net

1,047,940807,357Deferred financing fees, net of current portion

470,769-Other assets

64,86259,568Total assets$
9,165,711$
8,750,079LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIESAccounts payable and accrued expenses 

$
,212,578$
,199,662Accrued bonus expense

462,882465,865Current portion of long term debt, net of discount

1,986,154-Derivative instruments

1,311,880-Other current liabilities

174,34590,776Total current liabilities5,147,8391,756,303Long term debt, net of discount and current portion

5,661,336-Other long term liabilities

89,65021,143Total liabilities10,898,8251,777,446STOCKHOLDERS' EQUITYPreferred stock, 7,000,000 shares authorized, zero shares issued and

outstanding

--Common stock, $0.01 par value; 150 million shares authorized, 76,662,839

and 68,189,314 shares outstanding in 2013 and 2012,respectively

766,628681,893Additional paid-in capital

132,617,006114,884,915Accumulated other comprehensive income

6,101-Accumulated deficit

(125,122,849)(108,594,175)Total stockholders' equity8,266,8866,972,633Total liabilities and stockholders' equity$
9,165,711$
8,750,079 Neuralstem, Inc.Unaudited Condensed Consolidated Statements of Operations and Comprehensive LossThree Months EndedSeptember 30,Nine Months EndedSeptember 30,2013201220132012Revenues

$
2,500$
70,833$
7,500$
405,208Operating expenses:Research and development costs

1,847,4031,385,4785,502,1374,406,538General and administrative expenses

1,707,6901,280,6064,184,7403,264,146Depreciation and amortization

81,39387,908181,991164,154Total operating expenses

3,636,4862,753,9929,868,8687,834,838Operating loss

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SOURCE Neuralstem, Inc.
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