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Regulus Reports Third Quarter 2012 Financial Results and Recent Highlights
Date:11/19/2012

h and development5,2483,87514,73512,823General and administrative1,0939072,9982,864Total operating expenses6,3414,78217,73315,687Loss from operations(3,532)(973)(8,271)(5,261)Other income (expense), net(2,159)(68)(2,289)(195)Loss before income taxes(5,691)(1,041)(10,560)(5,456)Income tax (benefit) expense(6)4(28)131Net loss$

(5,685)$

(1,045)$

(10,532)$

(5,587)Basic and diluted net loss per share$

(15.98)$

(11.68)$

(41.03)$

(76.97)Shares used to compute basic and diluted net loss per share355,73589,438256,68272,588 Regulus Therapeutics Inc.Condensed Balance Sheet(In thousands)September 30,
2012December 31,
2011(Unaudited)AssetsCash, cash equivalents and short-term investments$

30,893$

38,144Other current assets3,466522Noncurrent assets6,3644,215Total assets$

40,723$

42,881Liabilities and stockholders' deficitCurrent liabilities$

2,814$

2,115Deferred revenue10,59310,735Convertible notes payable10,000─Convertible notes payable, at fair value7,069─Other long-term obligations, less current portion87511,847Deferred revenue, less current portion16,60216,987Convertible preferred stock42,69142,691Stockholders' deficit(51,148)(41,494)Total liabilities and stockholders' deficit$

40,723$

42,881 


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SOURCE Regulus Therapeutics Inc.
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