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Cardiome Reports 2009 Results
Date:3/9/2010

y">$17.0 million compared to $17.2 million for fiscal 2008. Amortization was $3.3 million for fiscal 2009 compared to $3.8 million for fiscal 2008. Interest and other income was $0.3 million for fiscal 2009 and $0.6 million for fiscal 2008. Foreign exchange loss was $5.4 million for fiscal 2009 compared to a foreign exchange gain of $8.2 million for fiscal 2008.

Stock-based compensation, a non-cash item included in operating expenses, increased to $3.8 million for fiscal 2009, as compared to $3.1 million for fiscal 2008.

Liquidity and Outstanding Share Capital

At December 31, 2009, the Company had cash and cash equivalents of $49.7 million. As of March 8, 2010, the Company had 60,516,911 common shares issued and outstanding and 6,329,579 common shares issuable upon the exercise of outstanding stock options at a weighted-average exercise price of $7.45 per share.


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SOURCE Cardiome Pharma Corp.
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