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

,627 356,600

Non-cash stock-based

compensation expense included

in operating expenses:

(1) Research and development $158 $302 $893 $644

(2) General and administrative 184 1,669 869 3,199

$342 $1,971 $1,762 $3,843

NEUROGESX, INC.

(A Development Stage Company)

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

(unaudited)

December 31,

2007 2006

Assets

Current assets:

Cash and cash equivalents $31,478 $11,908

Short term investments 21,373 1,994

Prepaid expenses and other current assets 585 659

Total current assets 53,436 14,561

Property and equipment, net 453 159

Restricted cash 240 --

Other assets 56 98

Total assets $54,185 $14,818

Liabilities, Redeemable Convertible

Preferred Stock and Stockholders'

Equity (Deficit)

Current liabilities:

Accounts payable $1,712 $1,675

Accrued compensation 680 199

Accrued research and development 1,198 1,133

Other accrued expenses 1,848 990

Preferred stock warrant liability -- 7,549

Notes payable-curr
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SOURCE NeurogesX, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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