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OncoGenex Reports First Quarter Financial Results
Date:5/6/2010

- (10) ------------------------- Net loss $ 3,044 $ 2,409 Condensed Consolidated Balance Sheets (in thousands) March 31, December 31, 2010 2009 (unaudited) Assets: Cash, cash equivalents and short term investments $ 47,586 $ 64,568 Restricted cash 3,502 - Amounts receivable 2,823 3,109 Prepaid and other current assets 1,938 722 Property, equipment and other assets 589 581 ------------------------- Total assets 56,438 $ 68,980 ------------------------- ------------------------- Liabilities and stockholders' equity: Accounts payable and accrued expenses 6,824 $ 14,453 Deferred collaboration revenue 24,611 26,528 Other current liabilities 1,307 1,328 Long term liabilities 3,427 3,712 Stockholders' equity (deficiency) 20,269 22,959 ------------------------- Total liabilities and stockholders' equity (deficiency) 56,438 $ 68,980 -------------------------
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SOURCE OncoGenex Pharmaceuticals, Inc.
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