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VIVUS Reports First Quarter 2009 Financial Results and Highlights
Date:5/11/2009

Net loss $(6,809) $(7,092) Net loss per share: Basic and diluted $(0.10) $(0.12) Shares used in per share computation: Basic and diluted 69,687 58,882 VIVUS, Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except par value amount) March 31 December 31 2009 2008* (unaudited) Current assets: Cash and cash equivalents $42,723 $66,121 Available-for-sale securities 122,482 121,789 Accounts receivable, net 912 4,157 Inventories, net 3,324 3,041 Prepaid expenses and other assets 4,227 3,744 Total current assets 173,668 198,852 Property and equipment, net 6,480 6,726 Restricted cash 700 700 Available-for-sale securities 631 1,344 Total assets $181,479 $207,622 Current liabilities: Accounts payable $14,395 $17,205 Deferred revenue 10,928 31,858 Accrued and other liabilities 15,600 14,909 Total current liabilities 40,923 63,972 Notes payable-net of current portion 13,514 11,177 Deferred revenue 1,145 1,260 Total liabilities 55,582 76,409 Commitments and contin
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