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MAP Pharmaceuticals Reports 2009 Fourth Quarter and Year End Financial Results
Date:3/2/2010

CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share amounts) (Unaudited) Three Months Ended Twelve Months Ended  December 31, December 31, ------------------ -------------------- 2009 2008 2009 2008 ---- ---- ---- ---- Collaboration revenue $2,764 $- $54,166 $- Operating expenses: Research and development 12,381 17,663 47,996 59,277 Sales, general and administrative 3,297 3,732 13,139 13,417 ----- ----- ------ ------ Total operating expenses 15,678 21,395 61,135 72,694 ------ ------ ------ ------ Loss from operations (12,914) (21,395) (6,969) (72,694) Other expense, net (453) (413) (2,028) (234) --- --- ----- --- Net loss $(13,367) $(21,808) $(8,997) $(72,928) ====== ====== ===== ====== Net loss per share attributed to common stockholders Basic $(0.54) $(1.07) $(0.41) $(3.58) ==== ==== ==== ==== Diluted $(0.54) $(1.07) $(0.41) $(3.58) ==== ==== ==== ==== Weighted- average common shares used in computing net loss per share Basic 24,583,456 20,475,587 22,194,686 20,
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SOURCE MAP Pharmaceuticals, Inc.
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