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Genoptix Reports Strong Financial Results for the Second Quarter and Raises Guidance for Full-Year 2008
Date:7/31/2008

(unaudited)

Assets

Current assets:

Cash and cash equivalents $51,223 $50,624

Investment securities available-for-sale 44,907 34,836

Accounts receivable, net 13,074 9,013

Other current assets 1,782 1,409

Total current assets 110,986 95,882

Property and equipment, net 4,800 1,950

Other long-term assets 161 -

Total assets $115,947 $97,832

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable and accrued expenses $6,522 $4,312

Accrued compensation 4,317 2,496

Deferred revenues 68 95

Total current liabilities 10,907 6,903

Deferred rent, net of current portion 313 324

Commitments and contingencies

Stockholders' equity:

Preferred stock - -

Common stock 17 16

Additional paid-in capital 136,200 132,532

Accumulated other comprehensive

(loss) income (72) 53

Accumulated deficit (31,418) (41,996)

Total stockholders' equity 104,727 90,605

Total liabilities and stockholders' equity $115,947 $97,832

GENOPTIX, INC.

PRO FORMA NET INCOME PER SHARE (1)

(Unaudited)
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SOURCE Genoptix, Inc.
Copyright©2008 PR Newswire.
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