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Pharmacyclics Reports Fourth Quarter and Fiscal 2008 Financial Results
Date:8/14/2008

58 5,558 18,180 21,115

General and administrative 1,409 2,088 7,332 7,403

Total operating expenses 4,767 7,646 25,512 28,518

Loss from operations (4,767) (7,539) (25,512) (28,392)

Interest and other, net 139 549 1,214 2,175

Net loss $(4,628) $(6,990) $(24,298) $(26,217)

Basic and diluted net loss per share $(0.18) $(0.27) $(0.93) $(1.08)

Shares used to compute basic and

diluted net loss per share 26,008 25,958 25,989 24,175

Condensed Balance Sheets

(unaudited, in thousands)

June 30, June 30,

2008 2007

Assets

Cash, cash equivalents and marketable

securities $16,755 $38,762

Other current assets 401 961

Total current assets 17,156 39,723

Property and equipment, net 688 849

Other noncurrent assets 523 523

$18,367 $41,095

Liabilities and stockholders' equity

Current liabilities $1,851 $2,615

Long-term obligations 71 79

Stockholder's equity 16,445 38,401

$18,367 $41,095


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SOURCE Pharmacyclics, Inc.
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