2007 2006 2007 2006
Operating expenses:
Research and development (1) $9,194 $5,520 $30,888 $18,923
General and administrative (1) 3,375 1,981 11,269 7,258
Total operating expenses 12,569 7,501 42,157 26,181
Loss from operations (12,569) (7,501) (42,157) (26,181)
Interest and other income, net 705 336 3,363 1,137
Net loss (11,864) (7,165) (38,794) (25,044)
Deemed dividend related to
beneficial conversion feature of
redeemable convertible preferred
stock - - - (13,095)
Net loss attributable to common
stockholders $(11,864) $(7,165) $(38,794) $(38,139)
Net loss per share attributable to
common stockholders - basic and
diluted $(0.52) $(2.46) $(1.87) $(13.96)
Weighted-average common shares
outstanding used in per share
calculation 22,790 2,909 20,703 2,732
(1) Includes the following stock-
based compensation charges:
Research and development $460 $408 $1,490 $1,258
General and administrative $766 $408 $2,088 $986
XTENT, INC.
(a development stage company)
Condensed Balance Sheets
(unaudited, in thousands)
December 31, December 31,
2007 2006
Cash and cash equivalents and short
term investments $57,760 $23,105
Working capital
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