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Senesco Technologies Reports Third Quarter Fiscal 2009 Financial Results
Date:5/4/2009

109 17,510,410 ============ ============ SENESCO TECHNOLOGIES, INC. AND SUBSIDIARY (A DEVELOPMENT STAGE COMPANY) CONDENSED CONSOLIDATED BALANCE SHEETS March 31, June 30, 2009 2008 ---------- ---------- ASSETS (unaudited) CURRENT ASSETS: Cash and cash equivalents $378,193 $5,676,985 Short-term investments 2,299,388 500,000 Prepaid expenses and other current assets 889,822 180,556 ---------- ---------- Total Current Assets 3,567,403 6,357,541 Property and equipment, net 6,896 5,459 Intangibles, net 3,625,476 3,213,543 Deferred financing costs 741,462 1,059,230 Security deposit 7,187 7,187 ---------- ---------- TOTAL ASSETS $7,948,424 $10,642,960 ========== ========== LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $472,375 $370,167 Accrued expenses 500,772 314,267 ---------- ---------- Total Current Liabilities 973,147 684,434 Convertible note, net of discount 1,926 57 Grant payable
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