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deCODE Genetics Announces Full-year 2007 Financial Results
Date:3/12/2008

A> or through http://www.fulldisclosure.com. A replay of the call will be available on these websites for at least one week following the call. A digitized telephone replay of the call can be accessed for the week following the call by dialing 1 800 475 6701 from the US, or +1 320 365 3844 from outside the US. The access code is 914354.

Condensed Consolidated Statements of Operations

For the three months For the full-year

ended December 31, ended December 31,

2007 2006 2007 2006

in thousands, except per share amounts (unaudited)

Revenue $13,343 $11,451 $40,403 $40,510

OPERATING EXPENSES

Cost of revenue 14,968 10,994 47,018 42,660

Research and development 12,552 14,206 53,825 57,108

Selling, general and

administrative 7,744 8,609 27,139 25,206

Total operating expense 35,264 33,809 127,982 124,974

Operating loss (21,921) (22,358) (87,579) (84,464)

Interest income 1,386 1,803 6,541 6,685

Interest expense (4,153) (2,673) (15,641) (7,808)

Other non-operating income

and (expense), net (7,737) 3 1,153 114

Net loss $(32,425) $(23,225) $(95,526) $(85,473)

Basic and diluted net loss

per share: $(0.53) $(0.38) $(1.57) $(1.49)

Shares used in computing

basic and diluted net

loss per share 61,085 60,826 61,018 57,465

Condensed Consolidated Balance Sheet Data


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SOURCE deCODE genetics
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