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Alexza Reports 2007 Year-End Financial Results and Updates Clinical Pipeline Status
Date:3/17/2008

>

share $(2.13)

Shares used to compute basic

and diluted net loss per share 19,584

[1] Reflects operating results in accordance with U.S. generally accepted

accounting principles (or GAAP).

[2] Represents share-based compensation expense.

[3] Non-GAAP amounts exclude share-based compensation expense.

Alexza Pharmaceuticals, Inc.

(a development stage company)

Condensed Consolidated Balance Sheets

(in thousands)

December 31, December 31,

Assets 2007 2006

[1] [1]

Cash, cash equivalents and marketable

securities 69,391 42,623

Investments held by Symphony Allegro,

Inc. 39,449 49,956

Other current assets 13,432 1,263

Total current assets 122,272 93,842

Property and equipment, net 26,156 11,136

Other non-current assets 697 788

Total assets 149,125 105,766

Liabilities and stockholders' equity

Current liabilities 16,180 14,193

Non-current liabilities 33,002 7,056

Non-controlling interest in Symphony

Allegro, Inc. 23,952 34,743

Stockholders equity 75,991 49,774

Total liabilities and stockholders'

equity (deficit) 149,125
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SOURCE Alexza Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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