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Response Genetics Reports Third Quarter 2007 Financial Results
Date:11/14/2007

6 shares issued and outstanding

at December 31, 2006 and September 30, 2007,

respectively 27,263 102,393

Additional paid-in capital 9,722,273 35,048,513

Accumulated deficit (15,267,284) (19,408,635)

Accumulated other comprehensive loss -- (12,570)

Total stockholders' (deficit) equity (5,502,368) 15,729,701

Total liabilities and stockholders'

(deficit) equity $ 8,259,681 $ 22,596,371

RESPONSE GENETICS, INC.

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

Three Months Nine Months

Ended September 30, Ended September 30,

2006 2007 2006 2007

Revenue $1,810,800 $2,239,653 $3,817,925 $5,355,031

Operating expenses:

Cost of revenue 643,772 910,090 1,621,902 2,916,242

General and

administrative 656,997 1,777,617 2,234,382 4,965,499

Research and

development 267,095 651,536 862,797 1,888,751

Total operating

expenses 1,567,864 3,339,242 4,719,081 9,770,491

Operating income

(loss) 242,936 (1,099,589) (901,156) (4,415,460)

Other income (expense):

Interest expense (14,069) (98) (43,947) (26,854)

Interest income 37,076 216,933 112,294 325,264

Other - - 179,000 -

Income (loss) before

income taxes 265,943 (882,754) (653,809) (4,117,050)

Provision for

income taxes - 16,232 800 24,301
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SOURCE Response Genetics, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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