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OncoGenex Reports Financial Results for Fourth Quarter and Fiscal Year 2008 and Provides Outlook for 2009
Date:3/11/2009

ating expenses 5,248 1,891 11,112 7,675 -------------------- -------------------- Other income (expense) 334 (192) 421 (148) -------------------- -------------------- Loss for the period before taxes 4,914 2,083 10,691 7,823 Income tax expense (recovery) 41 140 (2,059) 713 -------------------- -------------------- Operating loss before extraordinary gain 4,955 2,223 8,632 8,536 Extraordinary gain - - 4,428 - -------------------- -------------------- Net loss 4,955 2,223 4,204 8,536 Redeemable convertible preferred share accretion - 788 1,973 2,944 -------------------- -------------------- Loss attributable to common shareholders $ 4,955 $ 3,011 $ 6,177 $ 11,480 -------------------- -------------------- -------------------- -------------------- Condensed Consolidated Balance Sheets (in thousands) December 31, December 31, 2008 2007 Assets: Cash, cash equivalents and short term investments $ 12,419 $ 5,131 Amounts and investment tax credit receivable 1,243 1,813 Prepaid and other current assets 587 295 Property, equipment and other assets
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SOURCE OncoGenex Pharmaceuticals, Inc.
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