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Nabi Biopharmaceuticals Announces Third Quarter 2007 Financial Results and Positive Vote from November 8, 2007 Special Stockholders Meeting
Date:11/8/2007

September 29, December 30,

2007 2006

Assets

Current assets:

Cash and cash equivalents $78,040 $86,227

Marketable securities 21,725 32,500

Trade accounts receivable, net 14,313 20,377

Inventories, net 18,693 19,260

Prepaid expenses and other current assets 5,036 3,459

Assets of discontinued operations 227 13,341

Total current assets 138,034 175,164

Property, plant and equipment, net 83,083 88,329

Intangible assets, net 1,216 1,683

Other, net 1,521 701

Total assets $223,854 $265,877

Liabilities and stockholders' equity

Current liabilities:

Trade accounts payable $7,323 $7,998

Accrued expenses 20,005 16,095

Capital lease obligations, net 67 291

Liabilities of discontinued operations 3,623 20,554

Total current liabilities 31,018 44,938

2.875% convertible senior notes, net 109,441 109,313

Other liabilities 245 238

Total liabilities 140,704 154,489

Commitments and contingencies

Stockholders' equity:

Convertible preferred stock - -

Common stock 6,190 6,149

Capital in excess of par 330,628 327,228


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SOURCE Nabi Biopharmaceuticals
Copyright©2007 PR Newswire.
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