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SENOMYX ANNOUNCES CORPORATE UPDATE AND SECOND QUARTER FINANCIAL RESULTS
Date:8/1/2013

ey were made.

(Financial Information to Follow)

 

 

Contacts:FinancialInvestor RelationsTony Rogers

Senior Vice President and

Chief Financial OfficerGwen Rosenberg

Vice President, Investor Relations &

Corporate CommunicationsSenomyx, Inc.Senomyx, Inc.858-646-8304858-646-8369tony.rogers@senomyx.comgwen.rosenberg@senomyx.com Selected Financial Information
Condensed Statements of Operations
(in thousands, except for per share amounts)Three Months Ended
June 30,Six Months Ended
June 30,2013201220132012(unaudited)(unaudited)(unaudited)(unaudited)Revenues:Development revenues$

6,186$

6,095$

12,223$

13,240Commercial revenues1,4818362,9261,973Total revenues7,6676,93115,14915,213Operating expenses:Cost of commercial revenues10459205139Research and development (including $380, $472, $770 and $924, respectively, of non-cash stock-based compensation)6,9687,16714,34814,306General and administrative (including $570, $661, $1,104 and  $1,292, respectively, of non-cash stock-based compensation)2,9332,8185,9535,759Total operating expenses10,00510,04420,50620,204Loss from operations(2,338)(3,113)(5,357)(4,991)Other income9192045Net loss$

(2,329)$

(3,094)$

(5,337)$

(4,946)Basic and diluted net loss per share$

(0.06)$

(0.08)$

(0.13)$

(0.12)Weighted average shares used in computing basic and diluted net loss per share40,63139,92240,54539,870 Condensed Balance Sheets
(in thousands)June 30,
2013December 31,
2012(unaudited)Cash, cash equivalents and investments available-for-sale$

37,509$

41,823Other current assets1,8803,547Property and equipment, net6,8217,910Total assets$

46,210$

53,280Accounts payable, accrued expenses and other current lia
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SOURCE Senomyx
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