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Cadence Pharmaceuticals Reports First Quarter 2008 Financial Results and Provides Clinical Program Update
Date:5/6/2008

s and other

current assets 1,211,887 959,321

Total current assets 94,637,182 58,334,090

Property and equipment, net 5,280,094 5,139,538

Restricted cash 885,434 885,434

Other assets 242,743 252,963

Total assets $101,045,453 $64,612,025

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $2,943,002 $1,974,991

Accrued liabilities 13,306,016 13,901,770

Current portion of long-term debt 7,127,222 5,617,928

Total current liabilities 23,376,240 21,494,689

Deferred rent 1,159,187 1,224,869

Long-term debt, less current portion

and discount 11,308,814 13,412,349

Other long-term liabilities 22,048 22,048

Total stockholders' equity 65,179,164 28,458,070

Total liabilities and

stockholders' equity $101,045,453 $64,612,025


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SOURCE Cadence Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
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