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Alsius Corporation Reports Record Fourth Quarter and Full Year 2007 Financial Results
Date:3/13/2008

as follows:

Cost of revenue $98 $6 $238 $23

Research and development 226 12 582 48

Sales and marketing 357 46 985 149

General and administrative 581 71 1,582 354

Total stock-based

compensation expenses $1,262 $135 $3,387 $574

ALSIUS CORPORATION

CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except share data)

December 31, December 31,

2007 2006

ASSETS

Current assets:

Cash and cash equivalents $24,427 $647

Accounts receivable, net of allowances of

$44 and $13 2,162 1,517

Inventories 6,680 2,368

Prepaid expenses 284 189

Total current assets 33,553 4,721

Property and equipment, net 1,034 360

Evaluation equipment, net 673 636

Other assets 342 523

TOTAL $35,602 $6,240

LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current liabilities:

Accounts payable $2,732 $2,361

Accrued liabilities 1,916 1,785

Current portion of long-term debt 3,200 9,318

Current portion of capital lease obligations
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SOURCE Alsius Corporation
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