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Catalyst Pharmaceutical Partners Reports First Quarter 2009 Financial Results
Date:5/14/2009

2009 2008 Revenues $ - $ - Operating costs and expenses: Research and development 2,322,632 1,084,359 General and administrative 721,911 639,673 Total operating costs and expenses 3,044,543 1,724,032 Loss from operations (3,044,543) (1,724,032) Interest income 13,342 139,985 Loss before income taxes (3,031,201) (1,584,047) Provision for income taxes - - Net loss $(3,031,201) $(1,584,047) Loss per share - basic and diluted $(0.22) $(0.13) Weighted average shares outstanding 14,065,329 12,552,944 - basic and diluted CATALYST PHARMACEUTICAL PARTNERS, INC. (a development stage company) CONDENSED BALANCE SHEETS March 31, December 31, 2009 2008 (unaudited) ASSETS Current Assets: Cash and cash equivalents $8,930,017 $11,766,629 Interest receivable 2,691 12,153 Prepaid expenses 213,580 136,374 Total current assets 9,146,288 11,915,156 Property and equipment, net 88,336 96,376 Deposits 13,011 21,436 Total assets $9,247,635 $12,032,968 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $737,6
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SOURCE Catalyst Pharmaceutical Partners, Inc.
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