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Poniard Pharmaceuticals Reports First Quarter 2009 Financial Results and Provides a Corporate Update
Date:5/5/2009

share data) (Unaudited) Three Months Ended March 31, ------------- 2009 2008 ---- ---- Revenues $- $- -- -- Operating expenses: Research and development 8,104 6,336 General and administrative 3,084 4,183 Restructuring & asset impairment 1,056 - ----- - Total operating expenses 12,244 10,519 ------ ------ Loss from operations (12,244) (10,519) ------- ------- Other income (expense), net (706) 664 ---- --- Net loss (12,950) (9,855) Preferred stock dividends (125) (125) ---- ---- Loss applicable to common shares $(13,075) $(9,980) ======== ======= Loss per share: Basic and diluted $(0.38) $(0.29) ====== ====== Shares used in calculation of loss per share: Basic and diluted 34,688 34,681 ====== ====== Condensed Consolidated Balance Sheets (In thousands) (Unaudited) March 31, 2009 December 31, 2008
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SOURCE Poniard Pharmaceuticals, Inc.
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