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Nuvasive Reports Third Quarter 2008 Financial Results
Date:10/22/2008

2008 2007

Assets

Current assets:

Cash and cash equivalents $104,388 $61,915

Short-term investments 72,157 19,247

Accounts receivable, net 46,072 27,496

Inventory, net 58,418 36,280

Prepaid expenses and other current assets 3,352 1,240

Total current assets 284,387 146,178

Property and equipment, net of

accumulated depreciation 73,159 43,538

Intangible assets, net of accumulated

amortization 57,041 24,496

Long-term marketable securities 45,148 8,536

Other assets 8,892 2,939

Total assets $468,627 $225,687

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable and accrued liabilities $20,078 $13,839

Accrued payroll and related expenses 13,853 12,075

Royalties payable 2,310 2,076

Total current liabilities 36,241 27,990

Senior convertible notes 230,000 -

Long-term liabilities 27,226 1,119

Commitments and contingencies

Stockholders' equity:

Common stock 36 35

Additional paid-in capital 374,695 364,469

Accumulated other comprehensive income

(loss) (363) 54

Accumulated deficit (1
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SOURCE NuVasive, Inc.
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