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Response Genetics, Inc. Announces Second Quarter Financial Results
Date:8/14/2012

rent beliefs and expectations of the Company's management and are subject to significant risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Actual results, including, without limitation, actual sales results, if any, or the application of funds, may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company's control). The Company undertakes no obligation to publicly update forward-looking statements, whether because of new information, future events or otherwise, except as required by law. RESPONSE GENETICS, INC.CONDENSED CONSOLIDATED BALANCE SHEETSDecember 31,June 30,20112012Cash and cash equivalents$

1,700,295$

2,562,262Accounts receivable, net 4,047,0594,022,555Prepaid expenses and other current assets991,351639,044Total current assets6,738,7057,223,861Property and equipment, net1,067,6791,157,657Intangible assets44,42399,477Total assets$

7,850,807$

8,480,995Accounts payable$

1,492,526$

1,203,525Accrued expenses and other current liabilities3,251,2621,912,657Other liabilities1,390,1811,318,182Common stock classified outside of stockholders' equity (deficit)7,854,68210,925,724Total stockholders' equity (deficit)(6,137,844)(6,879,093)Total liabilities, common stock classified outside of stockholders' equity (deficit) and stockholders' equity (deficit)$

7,850,807$

8,480,995 

The condensed consolidated balance sheet at December 31, 2011 is derived from the audited consolidated financial statements at the date included in the Company's Form 10-K for the fiscal year ended December 31, 2011.  The condensed consolidated balance sheet at June 30, 2012 is derived from the unaudited financial statements included in the Company's Form 10-Q for the
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SOURCE Response Genetics, Inc.
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