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NeurogesX Reports Fourth Quarter and Year-End 2007 Financial Results
Date:3/26/2008

ott@theruthgroup.com

Jason Rando (media)

(646) 536-7025

jrando@theruthgroup.com

NEUROGESX, INC.

(A Development Stage Company)

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except share and per share data)

(unaudited)

Three Months Ended Twelve Months Ended

December 31, December 31,

2007 2006 2007 2006

Operating expenses:

Research and development (1) $5,654 $6,601 $25,321 $20,919

General and administrative (2) 2,412 2,651 7,455 6,110

Total operating expenses 8,066 9,252 32,776 27,029

Loss from operations (8,066) (9,252) (32,776) (27,029)

Interest income 443 220 1,673 719

Interest expense (272) (345) (1,219) (563)

Other income (expense), net 6 (3,464) 366 (3,272)

Net loss (7,889) (12,841) (31,956) (30,145)

Accretion of redeemable

convertible preferred stock -- (3,254) (4,626) (11,293)

Loss attributable to common

stockholders ($7,889) ($16,095) ($36,582) ($41,438)

Net loss per common share-basic

and diluted:

Loss per share attributable to

common stockholders ($0.58) ($41.85) ($4.06) ($116.20)

Shares used to compute basic

and diluted loss per share

attributable to common

stockholders 13,570,572 384,565 9,017
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SOURCE NeurogesX, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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