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Vermillion Reports Fourth Quarter and Full Year 2011 Results
Date:3/27/2012


Liolios Group, Inc.
Ron Both
Tel 949-574-3860
info@liolios.com Vermillion, Inc.Consolidated Balance Sheets(Amounts in Thousands, Except Share and Par Value Amounts)

(Unaudited)December 31, 20112010AssetsCurrent assets:Cash and cash equivalents

$
22,477$
22,914Accounts receivable

99136Prepaid expenses and other current assets

317779Total current assets

22,89323,829Property and equipment, net

216194Other assets

212Total assets

$
23,111$
24,035Liabilities and Stockholders' EquityCurrent liabilities:Accounts payable

$
,331$
998Accrued liabilities

2,5923,056Short-term debt

7,000-Convertible senior notes

-5,000Deferred revenue

5531,049Total current liabilities

11,47610,103Non-current liabilities:Long-term debt

-7,000Warrant liability

-378Long-term deferred revenue

1,2241,679Other liabilities

52259Total liabilities

12,75219,419Commitments and contingenciesStockholders' equity:Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding at December 31, 2011 and 2010

--Common stock, $0.001 par value, 150,000,000 shares authorized; 14,900,831 and 10,657,564 shares issued and outstanding at December 31, 2011 and 2010, respectively

1511Additional paid-in capital

326,796303,270Accumulated deficit

(316,299)(298,509)Accumulated other comprehensive loss

(153)(156)Total stockholders' equity

10,3594,616Total liabilities and stockholders' equity

$
23,111$
24,035Vermillion, Inc.Consolidated Statements of Operations(Amounts in Thousands, Except Share and Per Share Amounts)

(Unaudited)Three months ended December 31, Year Ended December 31, 2011201020112010Revenue:Product

$
755$
49$
,469$
308License

113196454867Total revenue

868345
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SOURCE Vermillion, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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