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Orexigen® Therapeutics Reports Third Quarter Financial Results
Date:11/8/2011

49)$

(0.86)Shares used in computing net loss per share – basic and diluted 48,08547,44048,01247,295Orexigen Therapeutics, Inc.Balance Sheets(In thousands, except share and par value amounts)September 30,December 31,20112010(Unaudited)AssetsCurrent assets:Cash and cash equivalents

$
33,873$
24,926Investment securities, available-for-sale

29,96267,440Prepaid expenses and other current assets

8972,502Total current assets

64,73294,868Property and equipment, net

546894Restricted cash

612881Other assets

2203Total assets

$
5,892$
96,846Liabilities and stockholders' equity Current liabilities:Accounts payable and accrued expenses

$
3,524$
,355Deferred revenue, current portion

3,4293,517Long-term debt, current portion

-2,416Total current liabilities

6,95316,288Deferred revenue, less current portion

42,85746,311Other long-term liabilities

323459Commitments and contingenciesStockholders’ equity:Preferred stock, $.001 par value, 10,000,000 shares authorized at September 30, 2011 and December 31, 2010; noshares issued and outstanding at  September 30, 2011 and December 31, 2010--Common stock, $.001 par value, 300,000,000 and   100,000,000 shares authorized at September 30, 2011 and   December 31, 2010, respectively;48,084,692 and 47,767,313 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively

4848Additional paid-in capital

358,112352,401Accumulated other comprehensive income (loss)

2(9)Accumulated deficit

(342,403)(318,652)Total stockholders’ equity

15,75933,788Total liabilities and stockholders’ equity

$
5,892$
96,846
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SOURCE Orexigen Therapeutics, Inc.
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