Senesco Technologies Reports Second Quarter Fiscal 2008 Financi...(p ...)

ASSETS

CURRENT ASSETS:

Cash and cash equivalents $5,135,644 $408,061

Short-term investments 500,000 250,000

Prepaid expenses and other current assets 52,959 104,526

Total Current Assets 5,688,603 762,587

Property and equipment, net 5,444 7,526

Intangibles, net 2,896,958 2,544,447

Deferred financing costs 748,949 --

Security deposit 7,187 7,187

TOTAL ASSETS $9,347,141 $3,321,747

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:

Accounts payable $552,026 $109,258

Accrued expenses 368,570 377,359

Deferred revenue 4,167 16,667

Total Current Liabilities 924,763 503,284

Convertible note, net of discount 257,560 --

Grant payable 99,728 99,728

Other liability 26,129 29,196

TOTAL LIABILITIES 1,308,180 632,208

STOCKHOLDERS' EQUITY:

Preferred stock, $0.01 par value;

authorized 5,000,000 shares, no shares issued -- --

Common stock, $0.01 par value;

authorized 100,000,000 shares,

issued and outstanding

17,581,852 and 17,473,694, respectively 175,819 174,737

Capital in excess of par 35,161,399 28,136,342

Deficit accu
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