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CEL-SCI Corporation Reports First Quarter Financial Results
Date:2/14/2008

6,090

Other income - 841

Total Revenue 1,530 20,793

EXPENSES:

Research and development, excluding

depreciation of $30,463 and

$20,493 included below 1,028,966 506,158

Depreciation and amortization 54,253 41,842

General and administrative 1,785,749 1,052,704

Total Expenses 2,868,968 1,600,704

LOSS FROM OPERATIONS (2,867,438) (1,579,911)

GAIN (LOSS) ON DERIVATIVE INSTRUMENTS 989,988 719,247

INTEREST INCOME 178,731 95,551

INTEREST EXPENSE (144,016) (347,246)

NET LOSS BEFORE INCOME TAXES (1,842,735) (1,112,359)

INCOME TAX PROVISION - -

NET LOSS (1,842,735) (1,112,359)

DIVIDENDS (424,815) -

NET LOSS $ (2,267,550) $(1,112,359)

NET LOSS PER COMMON SHARE (BASIC) $ (0.02) $ (0.01)

NET LOSS PER COMMON SHARE (DILUTED) $ (0.02) $ (0.01)

WEIGHTED AVERAGE COMMON SHARES

OUTSTANDING, BASIC & DILUTED 115,708,186 82,928,432


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SOURCE CEL-SCI Corporation
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