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Cornerstone Therapeutics Reports Second Quarter and First Half 2009 Financial Results
Date:8/11/2009

2009 2008 ---- ---- Assets Current assets: Cash and cash equivalents $15,459 $9,286 Marketable securities - 300 Accounts receivable, net 14,136 12,987 Inventories, net 11,993 11,222 Prepaid and other current assets 3,296 1,754 Deferred income tax asset 3,512 2,428 ----- ----- Total current assets 48,396 37,977 ------ ------ Property and equipment, net 979 895 Product rights, net 16,681 17,702 Goodwill 13,231 13,231 Amounts due from related parties 38 38 Other assets 789 46 --- -- Total assets $80,114 $69,889 ======= ======= Liabilities and Stockholders' Equity Current liabilities: Accounts payable $7,843 $10,288 Accrued expenses 24,554 19,052 Current portion of license agreement liability 1,257 2,543 Current portion of capital lease 10 - Income taxes payable
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SOURCE Cornerstone Therapeutics Inc.
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