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Cardium Presents Third Quarter 2012 Financial Results and Reports on Recent Developments

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 Cardium Therapeutics, Inc.Selected Condensed Consolidated Results of OperationsThree months ended September 30,Nine months ended September 30,2012201120122011Product sales$
__Cost of goods sold(3,640)__(15,191)__Gross profit1,949__24,050__Operating expensesResearch and development(508,342)(578,981)(2,097,675)(1,874,413)Selling, general and administrative(1,389,731)(1,180,199)(4,358,706)(3,641,620)Loss from operations(1,896,124)(1,759,180)(6,432,231)(5,516,033)Interest income (expense), net1,2041,2693,7715,605Change in fair value of derivative liabilities__157,62864,157458,199Net loss $  (1,894,920)$  (1,600,283)$(6,364,403)$ (5,052,229)Net loss per common  share – basic and diluted 




(0.06)Weighted average common shares outstanding  – basic and diluted 




83,097,967* Note that product sales and associated expenses for these Results of Operations do not include net sales of To Go Brands products of approximately $2.1 million for the nine months ended September 30, 2012 (which is included in the

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