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Oncolytics Biotech Inc. Announces 2007 Third Quarter Results
Date:10/30/2007

shares

(basic and

diluted) 40,181,777 36,317,687 41,120,748 36,368,270

-------------------------------------------------------------

-------------------------------------------------------------

Oncolytics Biotech Inc.

STATEMENTS OF CASH FLOWS

(unaudited)

Cumulative

from

Nine Month Nine Month Three Month Three Month inception

Period Period Period Period on April 2,

Ending Ending Ending Ending 1998 to

September September September September September

30, 2007 30, 2006 30, 2007 30, 2006 30, 2007

$ $ $ $ $

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OPERATING

ACTIVITIES

Net loss

for the

period (11,556,714) (9,407,419) (3,763,901) (3,425,169) (76,436,780)

Add/(deduct)

non-cash

items

Amortization

- intell-

ectual

property 713,887 647,893 244,299 220,774 4,750,721

Amortization

- property

and

equipment 30,061 43,379 10,197 12,685 437,744

Stock-based

compen-

sation 142,878 293,880 38,909 34,671 4,308,527

Other

non-cash

items - - - - 1,383,537

Net changes

in non-cash

working

capital (179,975) (34,485) 239,121 261,875 1,724,946

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SOURCE Oncolytics Biotech Inc.
Copyright©2007 PR Newswire.
All rights reserved

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