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Avanir Pharmaceuticals Reports Fiscal 2011 Third Quarter Financial Results
Date:8/8/2011

3,067)$ (16,985,002)Basic and diluted net loss per share$
(0.13)$
(0.06)$
(0.36)$
(0.20)Basic and diluted weighted average number of common shares outstanding

123,354,98689,347,783117,747,18585,307,980AVANIR PHARMACEUTICALS, INC.CONDENSED CONSOLIDATED BALANCE SHEETSJune 30, September 30,20112010(unaudited)(audited)ASSETSCurrent assets:Cash and cash equivalents

$   91,297,019$
38,771,469Trade receivables

562,916-Inventories

700,562652,628Other current assets

3,210,8281,066,482Current portion of restricted investments in marketable securities

617,100200,000Total current assets

96,388,42540,690,579Restricted investments in marketable securities, net of current portion

1,634,625401,550Property and equipment, net

1,015,030449,712Non-current inventories

365,886228,207Other assets

1,013,864371,150TOTAL ASSETS$ 100,417,830$
42,141,198LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable, accrued expenses and other liabilities

$
,851,432$
5,323,542Deferred product revenues, net

1,583,890-Current portion of deferred royalty revenues

2,087,2262,399,849Total current liabilities

10,522,5487,723,391Accrued expenses and other liabilities, net of current portion

144,667334,269Deferred royalty revenues, net of current portion

4,727,2136,076,982Total liabilities

15,394,42814,134,642Total stockholders' equity

85,023,40228,006,556TOTAL LIABILITIES AND STOCKHOLDERS'  EQUITY$ 100,417,830$
42,141,198
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SOURCE Avanir Pharmaceuticals, Inc.
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