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Sequenom, Inc. Reports Financial Results For The Second Quarter Of 2013
Date:7/24/2013

g expenses

39,20634,32980,18063,200Loss from operations

(28,688)(29,182)(55,702)(53,427)Interest expense, net

(2,121)(299)(4,290)(546)Other income (expense), net

(80)(116)(245)(45)Loss before income taxes

(30,889)(29,597)(60,237)(54,018)Income tax expense

(134)(20)(146)(22)Net loss

$ (31,023)$(29,617)$(60,383)$(54,040)Net loss per common share, basic and diluted

$   (0.27)$   (0.26)$ (0.52)$ (0.48)Weighted average number of shares outstanding, basic and diluted

115,174114,549115,107112,531 SEQUENOM, INC. CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited)(In thousands)June 30, 2013December 31, 2012AssetsCurrent assets:Cash, cash equivalents and marketable securities

$

106,915$

175,942Accounts receivable, net

10,0717,887Inventories

20,43210,570Other current assets and prepaid expenses

4,6343,075Total current assets

142,052197,474Property, equipment and leasehold improvements, net

32,72133,494Other assets

17,98717,987Total assets

$

192,760$

248,955Liabilities and stockholders' equity (deficit)Current liabilities:Accounts payable

$

22,257$

16,469Accrued expenses

21,24324,507Long-term debt and obligations, current portion

7,6197,601Other current liabilities

2,6642,713Total current liabilities

53,78351,290Long-term liabilities

145,365149,658Total stockholders' equity (deficit)

(6,388)48,007Total liabilities and stockholders' equity(deficit)

$

192,760$

248,955
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SOURCE Sequenom, Inc.
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