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Amicus Therapeutics Announces Second Quarter 2007 Financial Results

(10,284) (17,599) (20,516) (105,117)

Other income


Interest income 448 1,060 686 1,753 4,560

Interest expense (74) (86) (125) (179) (1,261)

Change in fair

value of warrant

Liability 471 (86) 127 (149) (454)

Other expense 2 - (1) - (1,181)

Loss before

tax benefit (8,624) (9,396) (16,912) (19,091) (103,453)

Income tax benefit - - - - 695

Net loss (8,624) (9,396) (16,912) (19,091) (102,758)

Deemed dividend (19,424) - (19,424) - (19,424)

Preferred stock

accretion (41) (310) (81) (351) (802)

Net loss


to common

stockholders $(28,089) $(9,706) $(36,417) $(19,442) $(122,984)

Net loss


to common

stockholders per

common share --

basic and diluted $(39.04) $(1.37) $(57.78) $(4.80)


common shares

outstanding --

basic and

diluted 719,556 7,083,748 630,230 4,051,709

See accompanying notes to consolidated financial statements

Amicus Therapeutics, Inc

Statement of Operations Information for 3 months ending June 30, 2007

Change in


Value of Preferred Stock

Warrant Stock Compen- GAAP as

Non-GAAP Liability Accretion sation Reported

Income Statement


Research and development (6,361)

SOURCE Amicus Therapeutics

Copyright©2007 PR Newswire.

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