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Jazz Pharmaceuticals, Inc. Announces Third Quarter 2007 Financial Results
Date:11/6/2007

issuance. Accordingly, the beneficial

conversion feature attributable to preferred stockholders is not

included in non-GAAP net income (loss) per share. Management

believes that including non-GAAP net income (loss) per share for

periods prior to and including the Company's June 2007 initial

public offering provides a useful and relevant measure for

comparative year-over-year operating performance. Management does

not believe the use of non-GAAP net income (loss) per share lessens

the importance of comparable GAAP measures. As of September 30,

2007, 24,550,554 shares of common stock were issued and outstanding.

JAZZ PHARMACEUTICALS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

(Unaudited)

September 30, December 31,

2007 2006

ASSETS

Current assets:

Cash and cash equivalents $119,972 $78,948

Restricted cash 304 275

Marketable securities 10,939 -

Accounts receivable, net 6,566 5,380

Inventories 3,231 3,026

Prepaid expenses 2,392 3,447

Other current assets 1,574 487

Total current assets 144,978 91,563

Property and equipment, net 3,286 2,107

Intangible assets 58,664 69,140

Goodwill 38,213
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SOURCE Jazz Pharmaceuticals, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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