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Vanda Pharmaceuticals Reports First Quarter 2009 Results
Date:4/29/2009

03,791 502,770 ------- ------- Total liabilities 3,984,394 3,913,569 --------- --------- Stockholders' equity: Common stock 26,653 26,653 Additional paid-in capital 273,296,804 270,988,157 Accumulated other comprehensive loss (754) (20,029) Deficit accumulated during the development stage (231,478,495) (224,974,507) ------------ ------------ Total stockholders' equity 41,844,208 46,020,274 ---------- ---------- Total liabilities and ----------- ----------- stockholders' equity $45,828,602 $49,933,843 =========== =========== VANDA PHARMACEUTICALS INC. (A Development Stage Enterprise) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Three Months Ended ------------------ March 31, March 31, 2009 2008 ---- ---- Cash flows from operating activities: Net loss $(6,503,988) $(19,196,129) Adjustments to reconcile net income to net cash used in operating activities: Depreciation and amortization 122,795 122,629 Stock-based compensation 2,308,64
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