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Delcath Systems Provides Update on Corporate Developments
Date:3/12/2010

3,535,755 8,066,023 --------- --------- --------- --------- Operating loss (5,425,032) (2,623,160) (13,535,755) (8,066,023) Derivative instrument (expense) income (270,959) 296,335 (8,567,917) 1,103,682 Interest income 1,850 20,317 73,833 299,956 Other expense (3,441) (202,500) (26,753) (202,500) Interest expense - - - - --------- --------- --------- --------- Net loss $(5,697,582) $(2,509,008) $(22,056,592) $(6,864,885) =========== =========== ============ =========== Common share data: Basic and diluted loss per share $(0.18) $(0.10) $(0.82) $(0.27) ====== ====== ====== ====== Weighted average number of basic and diluted shares outstanding 31,040,910 25,346,756 27,072,556 25,300,703
    
    
    Delcath Systems, Inc.                                                     
    Statement of Cash Flows as of December 31, 2009 and 2008      
                                                                              
                                                         2009         2008 
                                                         ----         ---- 
    Cash flows from operating activities:                                     
      Net loss                                      $(22,056,592) $(6,864,885)
      Adjustments to reconcile net loss to net                                
       cash used in operating activities:                                     
        Stock option compensation expense              1,578,673      379,546 
        Stock and warrant compensation expense           736,416      28
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SOURCE Delcath Systems, Inc.
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