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Nabi Biopharmaceuticals Announces Second Quarter 2007 Financial Results
Date:8/19/2007

701

Total assets $232,430 $265,877

Liabilities and stockholders' equity

Current liabilities:

Trade accounts payable $ 6,751 $ 7,998

Accrued expenses 14,106 16,095

Capital lease obligations, net 155 291

Liabilities of discontinued

operations 4,146 20,554

Total current liabilities 25,158 44,938

2.875% convertible senior notes,

net 109,397 109,313

Other liabilities 243 238

Total liabilities 134,798 154,489

Commitments and contingencies

Stockholders' equity:

Convertible preferred stock - -

Common stock 6,190 6,149

Capital in excess of par 329,237 327,228

Treasury stock (5,321) (5,321)

Accumulated deficit (232,474) (216,668)

Total stockholders' equity 97,632 111,388

Total liabilities and

stockholders' equity $ 232,430 $ 265,877

Nabi Biopharmaceuticals

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(In thousands, except per share amounts)

For the Three For the Six

Months Ended Months Ended

June 30, July 1, June 30, July 1,

2007 2006 2007 2006 '/>"/>

SOURCE Nabi Biopharmaceuticals

Copyright©2007 PR Newswire.

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