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Rosetta Genomics Reports Fourth-Quarter and Full-Year 2007 Financial Results
Date:2/29/2008

2007 2006

Unaudited

Operating expenses:

Research and development,

net $ 6,400 $ 4,781 $ 2,113 $ 1,335

Marketing and business

development 1,742 1,504 561 388

General and

administrative 2,903 1,860 857 507

Operating loss 11,045 8,145 3,531 2,230

Financial expenses

(income), net 3,616 (538) 4,695 (122)

Net loss $ 14,661 $ 7,607 $ 8,226 $ 2,108

Basic and diluted net

loss per Ordinary share $ 1.32 $ 2.98 $ 0.69 $ 0.82

Weighted average number

of Ordinary shares used

to compute basic and

diluted net loss per

Ordinary share 11,142,149 2,551,860 11,887,445 2,556,205

RECONCILIATION OF GAAP TO NON-GAAP CONSOLIDATED STATEMENT OF OPERATION:

Year Ended Three Months ended

December 31, December 31,

2007 2006 2007 2006

Unaudited

GAAP net loss as

reported $ 14,661 $ 7,607 $ 8,226 $ 2,108

NON-GAAP Adjustment:

Expenses reported for

stock-based compensation

Research and development,

net (260) (247) (63) (77)

Marketing and business

development (225) (49) (67) (32)

General and

administrative (550) (696) (181) (193)

Impairments of investments

in marketable securities

Financial expenses

(income), net (5,009) -
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SOURCE Rosetta Genomics Ltd
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

1. Rosetta Genomics Establishes Medical Advisory Board
2. Henry Ford Hospital and Rosetta Genomics to Develop MicroRNA-based Diagnostics for Brain Cancer
3. Rosetta Genomics Announces Initiation of Expansion of US Operations to Facilitate Expected Product Launches in 2008
4. Rosetta Genomics and Columbia University Medical Center to Develop MicroRNA-based Diagnostics for Leukemia and Non Hodgkin Lymphoma
5. Rosetta Genomics Selects PCR as Platform for its microRNA-based Diagnostics to be Launched in 2008, Licensed Nanogens MGB Probe Technology
6. Rosetta Genomics Announces Initiation of In Vivo Studies Following Successful Completion of First Milestone in MicroRNA-based Therapeutic Program for Liver Cancer
7. Rosetta Genomics Will Host and Webcast its R&D Day on Friday, October 26, 2007
8. Rosetta Genomics to Host and Webcast its R&D Day on Friday, October 26, 2007
9. Rosetta Genomics to Webcast Presentation at Maxim Group Growth Conference
10. Rosetta Genomics to Present at the American Association of Cancer Research (AACR) "Molecular Diagnostics in Cancer Therapeutic Development" Conference
11. NYU Medical Center Collaborates With Rosetta Genomics to Develop a microRNA-Based Diagnostic Test for Melanoma
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