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YM BIOSCIENCES REPORTS 2007 YEAR END OPERATIONAL AND FINANCIAL RESULTS
Date:9/23/2007

107 61,017 11,717 438,789

Amortiza-

tion of

intangible

assets 1,913,040 1,269,158 137,760 3,319,958

Impairment

of

intangible

assets 1,829,538 - - 1,829,538

Loss on

sale of

marketable

securities - 2,623 14,881 1,191,329

Stock-based

compensa-

tion 1,716,913 2,588,413 1,278,955 6,153,476

Stock-based

consider-

ation - 100,000 192,750 292,750

Warrants-

based

consider-

ation - 54,775 - 54,775

Change in

non-cash

operating

working

capital:

Accounts

receivable

and

prepaid

expenses 1,816,092 (672,639) (367,916) 311,701

Accounts

payable

and accrued

liabilities

and

deferred

revenue 11,604,460 (1,599,032) 2,396,216 13,663,354

-------------------------------------------------------------------------

(12,743,090) (24,010,292) (12,194,932) (90,250,938)

Financing

activities:

Repayment of

debentures - - (1,469,425) (1,469,425)

Issuance of

common shares

on exercise

of options 11,232 851,322 109,318 2,516,246

Issuance of

common shares

on exercise

of warrants 89,375 3,627,430 432,402 4,371,555

Redemption of

preferred

shares - - - (2,630,372)

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SOURCE YM BioSciences Inc.
Copyright©2007 PR Newswire.
All rights reserved

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