Total revenue 208 1,444 208 4,392
EXPENSES
Operating Expenses:
Research and
development 1,122 2,051 2,441 5,580
General and
administrative 634 1,021 2,065 3,125
------------- ------------- ------------- -------------
Total operating
expenses 1,756 3,072 4,506 8,705
Other income, net 58 72 97 307
------------- ------------- ------------- -------------
Net loss $ (1,490) $ (1,556) $ (4,201) $ (4,006)
------------- ------------- ------------- -------------
------------- ------------- ------------- -------------
Basic and diluted
net loss per
share $ (0.24) $ (0.24) $ (0.76) $ (0.62)
Shares used to
compute basic and
diluted net loss
per share 6,234 6,564 5,524 6,494
NOVABAY PHARMACEUTICALS, INC.
(a development stage company)
CONDENSED BALANCE SHEETS
(in thousands)
December 31, September 30,
2006 2007
------------- -------------
(unaudited)
ASSETS
Current assets:
Cash, cash equivalents and investments $ 11,086 $ 6,881
Prepaid expenses and other current assets 226 364
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