Navigation Links
Codexis Reports Third Quarter 2011 Results
Date:11/1/2011

comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. In addition, we use Adjusted EBITDA to evaluate the effectiveness of our business strategies.  

A reconciliation of GAAP net loss to Adjusted EBITDA is included in the table below.Codexis, Inc.Reconciliation of GAAP Net Loss to Adjusted EBITDA(Unaudited)(In Thousands)Three Months EndedNine Months EndedSeptember 30,September 30,Calculation of Adjusted EBITDA2011201020112010Net loss

$(2,742)$(2,732)$(11,254)$(8,047)Adjustments:Minus: Interest income

(76)(61)

(195)(135)Plus: Interest expense

-130-524Plus: Income taxes

7429868324Plus: Depreciation and amortization

2,8461,9488,4655,700Plus: Stock-based compensation

2,5362,5487,3936,466Plus: Preferred stock warrant fair market valuation adjustment

---677   Adjusted EBITDA$  2,638$  2,131$
4,477$  5,509Adjusted EBITDA has limitations as an analytical tool. Some of these limitations are:

  • Adjusted EBITDA does not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments;
  • Adjusted EBITDA does not reflect changes in, or cash requirements for, our working capital needs;
  • Although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Adjusted EBITDA does not reflect any cash requirements for such replacements; and
  • Non-cash compensation is and will remain a key element of our overall long-term incentive compensation package, although we exclude it as an expense when evaluating our ongoing operating performance for a particular period.

  • Because of these limitations, Adjusted EBITDA should not be considered in isolation or as a substitute for performance measures calculated in accordance with GAAP. We
    '/>"/>

    SOURCE Codexis, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8

    Related medicine technology :

    1. 50 Pharma Companies Worldwide Now Use Codexis In Process Development
    2. Codexis Names Veteran Chemical Executive to Lead Codexis do Brasil
    3. Codexis, Raizen to Develop First Generation Ethanol
    4. Codexis to Present at Three Investor Conferences in September
    5. Codexis Presents Carbon Capture Update at DoE/NETL Conference
    6. Codexis Board Elects Pedro I. Mizutani, Raizen EVP, as Director
    7. Codexis Reports Second Quarter 2011 Results
    8. Codexis and Chemtex to Collaborate on Sustainable Detergent Alcohols for the Household Products Market
    9. Codexis to Present at the Pacific Crest and Canaccord Genuity Conferences
    10. Codexis to Present at 3 Investor Conferences in June
    11. Codexis Achieves Development Milestones With Teva
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:9/19/2014)... , Sept. 19, 2014  Lpath, Inc. ... in bioactive lipid-targeted therapeutics, announced today that it ... registered shares of common stock and 3,605,042 unregistered ... purchase price for one registered share of common ... unregistered share of common stock will be $3.475.  ...
    (Date:9/19/2014)...  Over 200 runners participated in the fifth annual ... Oncology Institute (ROI), hosted by Radiation Business Solutions. This year ... San Francisco.  "Donations are still coming ... Business Solutions, "but at this point, through registrations ... the ROI this year. This surpasses last year,s record ...
    (Date:9/19/2014)... 19, 2014 Reductions in kidney ... years in people with diabetes type 2 ... benefits for the kidneys." Australian researchers have ... 2 diabetes leads to persistent reductions in kidney failure ... The global study has found that, five and a ...
    Breaking Medicine Technology:Lpath, Inc. Announces $12.5 Million Registered Direct Offering 2Lpath, Inc. Announces $12.5 Million Registered Direct Offering 3Fifth Annual 5K Run for the Future to Benefit the Radiation Oncology Institute Breaks Attendance, Donation Records 2Fifth Annual 5K Run for the Future to Benefit the Radiation Oncology Institute Breaks Attendance, Donation Records 3ADVANCE-ON Post-trial Observational Study: Blood Pressure Arm and Glucose Arm Results 2ADVANCE-ON Post-trial Observational Study: Blood Pressure Arm and Glucose Arm Results 3
    ... Nov. 12, 2010 Cephalon, Inc. (Nasdaq: CEPH ) ... to be held on November 18, 2010, will be webcast ... www.cephalon.com . Cephalon,s senior management will ... development initiatives.  The presentation will be delivered on Thursday, November ...
    ... 12, 2010 Royal Philips Electronics (NYSE: PHG, AEX: ... research fellow at the Cerebral Vascular Disease Research Center, ... Medicine, has been selected as the recipient of the ... The $100,000 grant, which is funded over a ...
    Cached Medicine Technology:Cephalon to Webcast Investor Day 2Philips and American Heart Association Present Fourth Annual Resuscitation Fellowship Award 2
    (Date:9/20/2014)... iFitDress.com, the popular online supplier of wedding dresses and ... new collection of cocktail gowns. This afternoon, the company ... new outfits; it intends to expand its online market ... cheap cocktail dresses in the company’s online ... extensive experience in the industry of women’s special occasion ...
    (Date:9/20/2014)... September 20, 2014 "As a nurse, patients ... tanks," said an inventor from Tamaqua, Pa. "The reason that ... the backs of their chairs. My invention enables them to ... Kam Oxygen Sensor to make it easier to monitor the ... user knows when the tank is low. It allows changeovers ...
    (Date:9/20/2014)... QueenBeeTickets.com is ready to offer discount Ariana Grande ... visit many cities in North America next year from ... , Click Here to view the inventory ... The star’s fans are not going to want to ... in a live performance. Ariana Grande concert tickets are ...
    (Date:9/20/2014)... OH (PRWEB) September 20, 2014 The ... lawsuit is now in its third week in the ... Schulte LLC reports. Court documents indicate that the week ... with testimony from a DePuy Orthopaedics vice president, ... version of the company’s Pinnacle hip replacement. According to ...
    (Date:9/19/2014)... OH (PRWEB) September 20, 2014 Nearly ... Court of Common Pleas where a meeting took place ... side-effects complaints pending in the court’s mass tort ... to meet this past week at the Complex Litigation ... are consolidated for pretrial proceedings. The Risperdal lawsuits filed ...
    Breaking Medicine News(10 mins):Health News:Fashionable Cocktail Dresses Unveiled Online at iFitDress.com 2Health News:Discount Ariana Grande Tickets: QueenBeeTickets.com Delights Fans with Discount Concert Tickets for Ariana Grande’s 2015 Honeymoon Tour 2Health News:Third Week of DePuy Pinnacle Hip Lawsuit Trial Focuses on Clinical Testing of Metal-on-Metal Hip Implant, Wright & Schulte LLC Reports 2Health News:Third Week of DePuy Pinnacle Hip Lawsuit Trial Focuses on Clinical Testing of Metal-on-Metal Hip Implant, Wright & Schulte LLC Reports 3Health News:Third Week of DePuy Pinnacle Hip Lawsuit Trial Focuses on Clinical Testing of Metal-on-Metal Hip Implant, Wright & Schulte LLC Reports 4Health News:Risperdal Lawsuits Move Forward As Attorneys Meet To Discuss Litigation, Reports Wright & Schulte LLC 2Health News:Risperdal Lawsuits Move Forward As Attorneys Meet To Discuss Litigation, Reports Wright & Schulte LLC 3Health News:Risperdal Lawsuits Move Forward As Attorneys Meet To Discuss Litigation, Reports Wright & Schulte LLC 4
    ... PROVIDENCE, RI Does obesity tend to "cluster" among ... have on both their weight and weight-related behaviors? That,s ... Diabetes Research Center set out to answer to better ... weight loss intentions in this difficult-to-reach age group. ...
    ... According to the World Health Organization (WHO), chronic diseases are ... representing 60% of all deaths worldwide and imposing an enormous ... whole. With its ageing population, Europe is bracing ... next decade. "We are pleased that the Council ...
    ... of an ectopic pregnancy because of a lasting effect of ... first time of how chlamydia can increase the risk of ... outside the womb, in the Fallopian tube. Researchers at ... the sexually transmitted infection were more likely to produce a ...
    ... January 2011: With its spotlight theme of ,Controversial ... Society of Cardiology (ESC) Congress promises lively discussions and ... as the world,s premier cardiovascular conference and regularly attracts ... through its doors. It will be held this ...
    ... By Steven Reinberg HealthDay Reporter , MONDAY, Jan. 10 ... in front of a computer may increase your risk for heart ... In fact, if you spend four hours a day or ... playing video games, you are more than two times more likely ...
    ... 11 (HealthDay News) -- Intensive care unit (ICU) patients in ... shared rooms, a new study finds. About 30 percent ... lead to serious illness and death, the study authors noted ... these infections are associated with an increased length of stay ...
    Cached Medicine News:Health News:Family, friends, social ties influence weight status in young adults 2Health News:A new era for chronic diseases in Europe? 2Health News:Countdown to Paris and ESC Congress 2011 2Health News:Countdown to Paris and ESC Congress 2011 3Health News:Too Much TV May Be Linked to Heart Attack, Death Risk 2Health News:Too Much TV May Be Linked to Heart Attack, Death Risk 3Health News:Private Rooms Cut Infection Risk in the ICU: Study 2
    Delicate membrane hook/pick with hook on side of instrument for engaging membranes. 20 gauge shaft with balanced titanium handle. Dark finish for reduced glare. Right....
    0.5 mm angled tip. Round knurled handle with dull finish. Tip angle: 130 degrees....
    Teardrop shape tip with post. Round knurled handle with dull finish....
    Excellent for manipulation of the intraocular lens in the capsular bag. The angled and curved shaft allows the instrument to reach across the implant and catch the optic/ haptic junction to facilitat...
    Medicine Products: