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AcelRx Pharmaceuticals Reports Fourth Quarter and Full-Year 2011 Financial Results
Date:3/20/2012

ree Months Ended   Twelve Months Ended   December 31, December 31, 2011201020112010Statement of Operations DataResearch grant revenue

$
24$
-$
,072$
-Operating expenses:Research and development (1)

4,7021,88413,6248,193General and administrative (1)

1,7159556,8003,993Total operating expenses

6,4172,83920,42412,186Loss from operations

(5,793)(2,839)(19,352)(12,186)Interest expense

(417)(742)(2,309)(1,397)Interest income and Other income (expense), net

(163)561,560(761)Net loss

$
(6,373)$
(3,525)$ (20,101)$ (14,344)Basic and diluted net loss per common share

$
(0.33)$
(5.23)$
(1.16)$   (21.84)Shares used in computing basic and diluted net loss per common share

19,56867417,345657(1)   Includes the following noncash, stock-based compensation expense:Research and development

$
207$
70$
785$
810General and administrative

2801461,048614Total non-cash, stock-based expense

$
487$
316$
,833$
,424Selected Balance Sheet DataDecember 31, 2011December 31, 2010Cash, cash equivalents and investments

$
35,785$
3,682Total assets

40,8356,830Total liabilities

23,36716,781Total stockholders' equity (deficit)

17,468(9,951)
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SOURCE AcelRx Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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3. AcelRx Announces Positive Phase 2 Results from a Study of ARX-01 Sufentanil NanoTabs in Treating Post-Operative Pain
4. AcelRx Programs to be Featured in Oral Presentations at the American Society of Anesthesiologists 2009 Annual Meeting
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