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Alexza Pharmaceuticals Reports 2010 Third Quarter Financial Results and Provides Business Update
Date:11/9/2010

from operations

(8,520)(13,007)(33,238)(36,685)Gain on change in fair value of contingent consideration liability

8,5096737,338673Interest and other income/ (expense), net

1942892Interest expense

(599)(95)(1,024)(378)Net loss

(591)(12,425)(26,896)(36,298)Consideration paid in excess of  noncontrolling interest

-(61,566)-(61,566)Net loss attributed to noncontrolling interest in Symphony Allegro, Inc.

-1,568-13,987Net loss attributable to Alexza common stockholders

$  (591)$(72,423)$ (26,896)$ (83,877)Net loss per share attributable to Alexza common stockholders

$
(0.01)$
(1.95)$
(0.50)$
(2.44)Shares used to compute basic and diluted net loss per share attributable to Alexza common stockholders

56,63937,06053,98734,388ALEXZA PHARMACEUTICALS, INC.(a development stage company)

CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)

(unaudited)September 30, December 31,20102009AssetsCash, cash equivalents and marketable securities

$
52,651$
9,916Other current assets1,3612,210Total current assets  

54,01222,126Property and equipment, net

24,92123,598Other non-current assets

4,516450Total assets

$
83,449$
46,174Liabilities and stockholders' deficitCurrent liabilities

$
56,918$
25,956Non-current liabilities

40,19027,344Stockholders' deficit

(13,659)(7,126)Total liabilities and stockholders' deficit

$
83,449$
46,174
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SOURCE Alexza Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
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