Nabi Biopharmaceuticals Announces Second Quarter 2007 Financi... (For the Six Months Ended ...)

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Nabi Biopharmaceuticals Announces Second Quarter 2007 Financial Results

Date:8/19/2007

For the Six Months Ended

June 30, July 1,

2007 2006

Cash flow from operating activities:

Loss from continuing operations $ (15,992) $ (29,119)

Adjustments to reconcile loss

from continuing operations to net

cash used in operating activities

from continuing operations:

Depreciation and amortization 4,150 4,464

Provision for slow moving or

obsolete inventory 111 453

Non-cash compensation 1,515 1,789

Gain on sale of assets, net (2,557) -

Disposal of fixed assets, net 40 236

Other 96 (407)

Changes in assets and liabilities:

Trade accounts receivable 3,875 4,277

Inventories (85) (2,097)

Prepaid expenses and other

current assets (634) (100)

Other assets 15 80

Accounts payable and accrued

expenses (3,589) (7,257)

Total adjustments 2,937 1,438

Net cash used in operating activities

from continuing operations (13,055) (27,681)

Net cash used in operating activities

from discontinued operations (5,803) (5,990)

Net cash used in operating activities (18,858) (33,671)

Cash flow from investing activities:

Purchases
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SOURCE Nabi Biopharmaceuticals

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Nabi Biopharmaceuticals Announces Second Quarter 2007 Financi...(For the Six Months Ended ...),Health