shares
outstanding 62,791,700 44,274,985 62,246,607 41,242,672
Bioniche Life Sciences Inc.
INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
For the three and nine months ended March 31
Current Last Year Current Last
Quarter Quarter Year to Date Year to Date
2008 2007 2008 2007
$ $ $ $
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OPERATING ACTIVITIES
Net loss for the
period (4,642,310) (4,510,434) (12,672,233) (10,164,369)
Add (deduct)
non-cash items:
Amortization 805,863 641,096 1,951,089 2,469,459
Accreted interest
on convertible
term note - 59,831 - 679,244
Change in
unrealized loss
(gain) on
foreign currency
embedded
derivative 191,096 - 52,893 -
Unrealized foreign
exchange loss
(gain) 231,039 (8,914) 177,593 336,730
Stock-based
compensation 94,585 55,242 273,559 166,264
Share compensation 126,719 - 380,156 81,000
Employee share
ownership plan 188,061 146,256 499,383 358,918
Impairment of
investment - - - 175,000
Loss on sale of
investment - - - 17,157
Gain on sale of
right to future
royalty stream - - -
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| SOURCE Bioniche Life Sciences Inc. Copyright©2008 PR Newswire. All rights reserved |