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

ROM OPERATIONS (2,085,098) (2,012,605)

LOSS ON DERIVATIVE INSTRUMENTS (1,160,937) (447,356)

INTEREST INCOME 157,256 77,114

INTEREST EXPENSE (121,515) (341,038)

NET LOSS BEFORE INCOME TAXES 3,210,294) (2,723,885)

INCOME TAX PROVISION - -

NET LOSS $(3,210,294) $(2,723,885)

DIVIDENDS (424,815) -

NET LOSS AVAILABLE TO COMMON

SHAREHOLDERS $(3,635,109) $(2,723,885)

NET LOSS PER COMMON SHARE (BASIC) $(0.03) $(0.03)

NET LOSS PER COMMON SHARE (DILUTED) $(0.03) $(0.03)

WEIGHTED AVERAGE COMMON

SHARES OUTSTANDING 116,312,378 83,836,076

CEL-SCI CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

Six Months Ended

March 31,

2008 2007

REVENUE:

Grant revenue $- $31,779

Rent income 1,530 12,895

Other income - 841

Total Revenue 1,530 45,515

EXPENSES:

Research and development, excluding

depreciation of $97,856 and

$41,794 included below 2,066,029 1,185,023

Depreciation and amortization 133,468 84,158'/>"/>

SOURCE CEL-SCI Corporation
Copyright©2008 PR Newswire.
All rights reserved

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