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XTENT Announces Third Quarter 2007 Financial Results

). CAD is the most common form of cardiovascular disease and the number one cause of death in the United States and Europe. XTENT(R) Custom NX(R) DES Systems are designed to enable the treatment of single lesions, long lesions and multiple lesions of varying lengths and diameters, in one or more arteries with a single device. Note: XTENT(R) Custom NX(R) DES Systems have not been approved for sale by any regulatory authority.


(a development stage company)

Condensed Statements of Operations

(unaudited; in thousands, except per share amounts)

Three Months Ended Nine Months Ended

September 30, September 30,

2007 2006 2007 2006

Operating expenses:

Research and development (1) $7,767 $5,844 $21,694 $13,403

General and administrative (1) 2,632 2,594 7,894 5,277

Total operating expenses 10,399 8,438 29,588 18,680

Loss from operations (10,399) (8,438) (29,588) (18,680)

Interest and other income, net 860 396 2,658 801

Net loss (9,539) (8,042) (26,930) (17,879)

Deemed dividend related to

beneficial conversion feature

of redeemable convertible preferred

stock - - - (13,095)

Net loss attributable to common

stockholders $(9,539) $(8,042) $(26,930) $(30,974)

Net loss per share attributable to

common stockholders - basic and

diluted $(0.42) $(2.84) $(1.35) $(11.65)

Weighted-average common shares

outstanding used in per share


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