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Vermillion Reports First Quarter 2013 Results

This release should be read in conjunction with the consolidated financial statements and notes thereto included in our most recent reports on Form 10-K and Form 10-Q. Copies are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at

Investor Relations Contact:
Liolios Group, Inc.
Ron Both
Tel 1-949-574-3860 Vermillion, Inc. Consolidated Balance Sheets(Amounts in Thousands, Except Share and Par Value Amounts)(Unaudited)March 31,December 31,20132012AssetsCurrent assets:Cash and cash equivalents

8,007Accounts receivable

184137Prepaid expenses and other current assets

359348Total current assets

6,3778,492Property and equipment, net

121142Other assets

8-Total assets

8,634Liabilities and Stockholders' EquityCurrent liabilities:Accounts payable

525Accrued liabilities

9641,074Short-term debt

1,1061,106Deferred revenue

709492Total current liabilities

3,5733,197Deferred revenue

656770Total liabilities

4,2293,967Commitments and contingenciesStockholders' equity:Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding at March 31, 2013  and December 31, 2012, respectively

--Common stock, $0.001 par value, 150,000,000 shares authorized; 15,213,246 and 15,200,079 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively

1515Additional paid-in capital

328,278328,097Accumulated deficit

(326,016)(323,445)Total stockholders' equity

2,2774,667Total liabilities and stockholders' equity

8,634Vermillion, Inc. Consolidated Statements of Operations and Comprehensive Loss(Amounts in Thou

SOURCE Vermillion, Inc.
Copyright©2012 PR Newswire.
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