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

(5,009) -

Total Adjustment $ (6,044) $ (992) $ (5,320) $ (302)

NON-GAAP net loss $ 8,617 $ 6,615 $ 2,906 $ 1,806

NON-GAAP Basic and

diluted net loss per

Ordinary share $ $ 0.77 $ 2.59 $ 0.24 $ 0.70

ROSETTA GENOMICS LTD. AND ITS SUBSIDIARY (A development stage company)

CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands (except share and per share data)

December 31,

2007 2006

ASSETS

CURRENT ASSETS:

Cash and cash equivalents $ 13,590 $ 5,228

Short-term bank deposits 112 5,149

Marketable securities 8,251 386

Other accounts receivable and prepaid

expenses 297 134

Deferred issuance costs - 1,787

Total current assets 22,250 12,684

LONG-TERM INVESTMENTS 2,391 -

SEVERANCE PAY FUND 144 98

PROPERTY AND EQUIPMENT, NET 1,253 461

Total assets $ 26,038 $ 13,243

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:

Short-term bank loan, current

maturities of capital lease and of

long-term loan $ 247 $ 48

Trade payables 516 745

Other accounts payable and accruals 1,102 750

Total current liabilities 1,865 1,543

LONG-TERM LIABILITIES:

Long-term bank loan and capital

lease
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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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