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Pharsight Achieves $7.6 Million In Quarterly Revenue
Date:5/8/2008

2008 2007

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ASSETS

Current assets:

Cash, cash equivalents and investments $17,099 $14,665

Accounts receivable, net 4,664 3,087

Prepaids and other current assets 541 523

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Total current assets 22,304 18,275

Property and equipment, net 1,581 1,674

Other assets 52 46

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Total assets $23,937 $19,995

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LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK & STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $930 $769

Accrued expenses 4,006 3,620

Deferred revenue 8,899 8,289

Current portion of notes payable -- 292

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Total current liabilities 13,835 12,970

Deferred revenue, long term 156 --

Notes payable, less current portion -- 100

Other long term liabilities 105 179

Redeemable convertible preferred stock -- 7,096

Stockholders' equity 9,841 (350)


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SOURCE Pharsight Corporation
Copyright©2008 PR Newswire.
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