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Alimera Sciences Reports First Quarter 2013 Financial Results
Date:5/9/2013

ARES OUTSTANDING — Basic and diluted31,545,56931,427,355 Balance Sheet (in thousands) March 31,
2013December 31,
2012(Unaudited)CURRENT ASSETS:Cash and cash equivalents

$

39,307$

49,564Prepaid expenses and other current assets

2,6402,029Inventory

1,058719Deferred financing costs

7495Total current assets

43,07952,407PROPERTY AND EQUIPMENT — at cost less accumulated depreciation

115114TOTAL ASSETS

$

43,194$

52,521CURRENT LIABILITIES:Accounts payable

$

2,340$

1,973Accrued expenses

1,2721,179Outsourced services payable

1,0962,616Notes payable

2,3482,273Capital lease obligations

36Derivative warrant liability

10,0114,418Total current liabilities

17,07012,465LONG-TERM LIABILITIES:Notes payable, net of discount — less current portion

153703Other long-term liabilities

235209COMMITMENTS AND CONTINGENCIESSTOCKHOLDERS' EQUITY:Preferred stock:Series A Convertible Preferred Stock

32,04532,045Common stock

316315Additional paid-in capital

238,052237,485Common stock warrants

415415Accumulated deficit

(245,100)(231,116)Accumulated other comprehensive income

8—TOTAL STOCKHOLDERS' EQUITY

25,73639,144TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

$

43,194$

52,521 


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SOURCE Alimera Sciences, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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