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SCOLR Pharma, Inc. Reports Second Quarter 2008 Financial Results
Date:8/7/2008

undertake no obligation to publicly update or revise forward-looking statements to reflect subsequent events or circumstance.

Financial Information

SCOLR Pharma, Inc.

BALANCE SHEET

June 30, December 31,

2008 2007

(Unaudited)

ASSETS

Current Assets

Cash and cash equivalents $8,024,052 $11,825,371

Accounts receivable 276,848 225,900

Interest and other receivables 1,295 16

Prepaid expenses and other assets 576,176 432,213

Total current assets 8,878,371 12,474,500

Property and Equipment - net of accumulated

depreciation of $1,132,711 and

$964,738, respectively 580,958 748,931

Intangible assets - net of accumulated

amortization of $422,087 and

$385,452, respectively 515,663 464,023

Restricted cash 564,000 -

$10,538,992 $13,687,454

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

Accounts payable $230,320 $757,420

Accrued expenses 454,956 586,849

Deferred gain - lease termination 1,000,000 -

Current portion of term loan 83,858 80,047

Total current liabilities 1,769,134 1,424,316

Long-term portion of term loa
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SOURCE SCOLR Pharma, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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