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Neurologix Reports Third Quarter 2010 Financial Results
Date:11/12/2010

ipment, less accumulated depreciation of $671 and $624 at September 30, 2010 and
 December 31, 2009, respectively

82

129Intangible assets, less accumulated amortization of $335 and $262 at September 30, 2010 and
 December 31, 2009, respectively

1,004

891Other assets

5

5Total assets

$4,253

$11,057LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable and accrued expenses

$1,838

$1,834Total current liabilities

1,838

1,834Derivative financial instruments, at estimated fair value – warrants

6,735

3,847Total liabilities

8,573

5,681Commitments and contingenciesStockholders' equity:Preferred stock; 5,000,000 shares authorizedSeries A – Convertible, $0.10 par value; 650 shares designated, 645 shares issued and
outstanding at  September  30, 2010 and December 31, 2009, with an aggregate liquidation
preference of $1

-

-Series C – Convertible, $0.10 par value; 700,000 shares designated, 281,263 shares issued
and outstanding  at September  30, 2010 and December 31, 2009, with an aggregate
liquidation preference of $9,119 and $7,008 at September  30, 2010 and December 31, 2009,
respectively

28

28Series D – Convertible, $0.10 par value; 792,100 shares designated, 734,898 shares issued
and outstanding at September  30, 2010 and December 31, 2009, with an aggregate
liquidation preference of $34,078 and $29,420 at September  30, 2010 and December 31,
2009, respectively

73

73  Common Stock:$0.001 par value; 100,000,000 shares authorized, 27,865,010 shares issued and outstanding
at  each of  September 30, 2010 and December 31, 2009

28

28  Additional paid-in capital

57,352

56,775  Deficit accumulated during the development stage

(61,801)

(51,528
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SOURCE Neurologix, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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