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XTENT Announces Second Quarter 2008 Financial Results and Business Progress
Date:8/6/2008

3,149 10,505 26,012 19,189

Loss from operations (13,149) (10,505) (26,012) (19,189)

Interest and other income, net 263 1,049 669 1,798

Net loss $(12,886) $(9,456) $(25,343) $(17,391)

Net loss per share - basic and

diluted $(0.56) $(0.42) $(1.10) $(0.93)

Weighted-average common shares

outstanding used in per share

calculation 23,033 22,551 22,978 18,649

(1) Includes the following stock-based compensation charges:

Research and development $393 $348 $781 $736

General and administrative $695 $413 $1,345 $832

XTENT, INC.

(a development stage company)

Condensed Balance Sheets

(unaudited, in thousands)

June 30, 2008 December 31, 2007

Cash, cash equivalents and short term

investments $34,427 $57,760

Working capital 31,355 54,581

Total assets 39,507 62,415

Deficit accumulated during the

development stage (118,203) (92,860)

Total stockholders' equity 35,345 58,331


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SOURCE XTENT, Inc.
Copyright©2008 PR Newswire.
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