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SGX Pharmaceuticals Announces Financial Results for the Three and Nine Months Ended September 30, 2007

- 66

Stockholder's equity 7,050 13,613

Total liabilities and

stockholder's equity $33,899 $48,464

(1) In addition to disclosing financial results calculated in accordance

with generally accepted accounting principles (GAAP), this

table contains non-GAAP financial measures that exclude the effect of

non-cash stock compensation expense. The Company believes

that the presentation of results excluding non-cash stock compensation

expense provides meaningful supplemental information to both

management and investors that is indicative of the Company's core

operating results. The Company believes these non-GAAP financial

measures facilitate comparison of operating results across reporting

periods, and uses these non-GAAP financial measures when evaluating

its financial results, as well as for internal planning and

forecasting purposes. These non-GAAP financial measures should not be

considered a substitute for, or superior to, financial measures

calculated in accordance with GAAP.

SOURCE SGX Pharmaceuticals
Copyright©2007 PR Newswire.
All rights reserved

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