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Delcath Systems Provides Update on Progress
Date:7/27/2009

2009 2008 2009 2008 ---- ---- ---- ---- Costs and expenses: General and administrative expenses $544,913 $699,136 $1,019,876 $1,140,140 Research and development costs 2,195,036 1,099,488 3,656,226 2,088,444 --------- --------- --------- --------- Total costs and expenses 2,739,949 1,798,624 4,676,102 3,228,584 --------- --------- --------- --------- Operating loss before taxes (2,739,949) (1,798,624) (4,676,102) (3,228,584) Derivative instrument income (expense) (3,904,379) (671,652) (4,466,157) (473,401) Interest income 18,167 50,002 68,928 223,965 Other income - - 1,689 - Interest expense - - - - - - - - Net loss before tax benefit (6,626,161) (2,420,274) (9,071,642) (3,478,020) Income tax benefit 298,535 - 298,535 - ------- - ------- - Net loss $(6,327,626) $(2,420,274) $(8,773,107) $(3,478,020) =========== =========== =========== =========== Common share data: Basic and diluted loss per share $(0.25) $(0.10) $(0.34) $(0.14) ====== ====== ====== ====== Weighted average number of shares of common stock outstanding 25,528,282 25,262,031 25,455,818 25,260,658 ========== ==
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SOURCE Delcath Systems, Inc.
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