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Biodel Reports Second Quarter Fiscal Year 2011 Financial Results
Date:5/5/2011

7,0142,90215,7688,408124,636General and administrative3,3772,3055,7934,88252,507Total operating expenses10,3915,20721,56113,290177,143Other (income) and expense:Interest and other income(2)(5)(7)(10)(5,516)Interest expense————78Adjustments to fair value of

  common stock warrant liability—237—(2,535)(1,281)Loss on settlement of debt———627Operating loss before tax provision

  (benefit)(10,389)(5,439)(21,554)(10,745)(171,051)Tax provision (benefit)20336(606)Net loss(10,409)(5,442)(21,557)(10,751)(170,445)Charge for accretion of beneficial

  conversion rights————(603)Deemed dividend — warrants————(4,457)Net loss applicable to common

  stockholders$

(10,409)$

(5,442)$

(21,557)$

(10,751)$

(175,505)Net loss per share — basic and diluted$

(0.44)$

(0.21)$

(0.90)$

(0.41)Weighted average shares outstanding —

  basic and diluted23,885,85626,469,89023,867,15226,444,219BIOD-G

CONTACT: Seth Lewis, +1-646-378-2952


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SOURCE Biodel Inc.
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