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DURECT Corporation Announces First Quarter 2012 Financial Results and Update of Programs
Date:5/3/2012

h 31, 2012December 31, 2011(1)(unaudited)ASSETSCurrent assets:Cash and cash equivalents

$ 7,537$ 8,896Short-term investments

15,12819,535Short-term restricted investments

-367Accounts receivable

2,9153,448Inventories

3,2333,252Prepaid expenses and other current assets

1,4881,803Total current assets

30,30137,301Property and equipment, net

2,9413,124Goodwill

6,3996,399Intangible assets, net

4953Long-term investments

3,2241,530Long-term restricted Investments

501501Other long-term assets

288288Total assets

$ 43,703$ 49,196LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable

$ 615$ 1,274Accrued liabilities

3,7084,884Contract research liability

6651,361Deferred revenue, current portion

3127,372Total current liabilities

5,30014,891Deferred revenue, noncurrent portion

1,71430,090Other long-term liabilities

715738Stockholders' equity

35,9743,477Total liabilities and stockholders' equity

$ 43,703$ 49,196(1) Derived from audited financial statements. 

 

 

 


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