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NuVasive Reports Fourth Quarter and Full Year 2008 Financial Results
Date:2/25/2009

581 In-process research and development - - 20,876 - --- --- ------ --- Total operating expenses 56,993 41,234 233,641 144,160 Interest and other income, net (432) 1,198 332 5,987 ---- ----- --- ----- Net income / (loss) $3,700 $(1,146) $(27,528) $(11,265) ====== ======= ======== ======== Net income / (loss) per share: Basic and diluted $0.10 $(0.03) $(0.77) $(0.32) ===== ====== ====== ====== Weighted-average shares --basic 36,207 35,207 35,807 34,782 ====== ====== ====== ====== Weighted-average shares --diluted 37,744 35,207 35,807 34,782 ====== ====== ====== ====== NuVasive, Inc. Unaudited Condensed Consolidated Balance Sheets (in thousands) December 31, --------------- 2008 2007 ---- ---- ASSETS Current assets: Cash and cash equivalents $132,318 $61,915 Short-term marketable securities 45,738 19,247 Accounts receivable, net of allowance of $1,952 and $926, respectively 51,622 27,496 Inventory, net 68,834 36,280
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