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CEL-SCI Corporation Reports Second Quarter 2008 Financial Results
Date:5/16/2008

opment charges were $1,037,063 compared to $678,865 during the same period in 2007. During the six month period ended March 31, 2008, research and development expenses were $2,066,029 compared to $1,185,023 during the same period in 2007.

During the three month period ended March 31, 2008, general and administrative expenses were $968,820 compared to $1,316,146 during the same period in 2007. During the six month period ended March 31, 2008, general and administrative expenses were $2,754,569 compared to $2,368,850 during the same period in 2007.

The Company has operations in Vienna, Virginia and Baltimore, Maryland. CEL-SCI's other products, which are currently in pre-clinical stage, have shown protection against a number of diseases in animal tests and are being tested against diseases associated with bio-defense.

CEL-SCI CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

Three Months Ended

March 31,

2008 2007

REVENUE:

Grant revenue $- $17,917

Rent income - 6,805

Other income - -

Total Revenue - 24,722

EXPENSES:

Research and development, excluding

depreciation of $97,035 and

$20,832 included below 1,037,063 678,865

Depreciation and amortization 79,215 42,316

General and administrative 968,820 1,316,146

Total Expenses 2,085,098 2,037,327

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SOURCE CEL-SCI Corporation
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