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Vical Reports Third Quarter 2008 Financial Results and Continued Progress in Product Development Programs

d to

calculate basic and diluted net

loss per share 40,349 39,193 39,688 39,189

Balance Sheets September 30, December 31,

(in thousands) 2008 2007


Cash, cash equivalents, and

marketable securities $43,022 $71,489

Other current assets 1,649 1,261

Total current assets 44,671 72,750

Marketable securities 6,000 -

Property and equipment, net 11,146 12,287

Other assets 4,948 5,548

Total assets $66,765 $90,585

Liabilities and stockholders'


Current liabilities $7,522 $8,108

Long-term obligations 2,480 2,565

Stockholders' equity 56,763 79,912

Total liabilities and stockholders'

equity $66,765 $90,585

SOURCE Vical Incorporated
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