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SemBioSys announces 2007 third quarter results
Date:11/1/2007

uisition of

intellectual property

for warrants - - - 1,516,906

Loss on sale of

property and equipment - - 1,483 16,802

Stock-based

compensation 185,335 189,925 551,039 536,368

Unrealized foreign

exchange loss (gain) (70,220) 6,378 (219,764) (44,452)

------------ ------------ ------------ ------------

(3,237,151) (2,252,744) (9,003,345) (7,135,422)

Change in non-cash

working capital and

other balances related

to operations (54,034) (348,804) 741,263 (590,830)

------------ ------------ ------------ ------------

Cash used in operating

activities (3,291,185) (2,601,548) (8,262,082) (7,726,252)

------------ ------------ ------------ ------------

Financing activities

Issuance of

capital stock - - 15,904,488 -

Share issue costs - - (1,525,478) -

Exercise of stock options 48,250 - 62,750 167,914

Proceeds from

long-term debt - 777,811 - 777,811

Repayment of

long-term debt (171,305) (147,183) (547,117) (437,992)

Repayment of repayable

advances - - (85,640) -

------------ ------------ ------------ ------------

Cash provided by

(used in) financing

activities (123,055) 630,628 13,809,003 507,733

Investing activities

Proceeds on sale of

property and equipment - 7,000 6,000 7,000

Acquisition of property

and equi
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SOURCE SemBioSys Genetics Inc.
Copyright©2007 PR Newswire.
All rights reserved

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