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SCOLR Pharma, Inc. Announces Second Quarter 2011 Financial Results
Date:7/26/2011

with the Securities and Exchange Commission. Such filings are available on our website or at www.sec.gov. You are cautioned that such statements are not guarantees of future performance and that actual result or developments may differ materially from those set forth in the forward-looking statements. We undertake no obligation to publicly update or revise forward-looking statements to reflect subsequent events or circumstance.SCOLR Pharma, Inc.CONDENSED BALANCE SHEETS(In thousands, except par values and number of shares)June 30,
2011
(Unaudited)December 31,
2010(1)ASSETSCurrent AssetsCash and cash equivalents

$  1,186

$  1,891Accounts receivable

8

103Inventory

320

324Prepaid expenses

488

270Current portion of deferred financing costs

172

-Total current assets

2,174

2,588Property and Equipment - net of accumulated depreciation of $212 and $217, respectively

181

327Intangible assets - net of accumulated amortization of $409 and $354, respectively

651

686Deferred financing costs

172

-Restricted cash

-

257$  3,178

$  3,858LIABILITIES AND STOCKHOLDERS' EQUITYCurrent LiabilitiesAccounts payable

$  149

$  145Accrued liabilities

267

307Interest payable

3

-Deferred revenue

-

56Fair value of warrant

53

150Total current liabilities

472

658Deferred rent

-

159Long-term portion convertible debentures – net of discount

478

-Total liabilities

950

817Commitments and Contingencies

-

-Stockholders' EquityPreferred stock, authorized 5,000,000 shares, $.01 par value, none issued or outstanding

-

-Common stock, authorized 150,000,000 and 100,000,000 shares, $.001 par value, 49,816,073 a
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SOURCE SCOLR Pharma, Inc.
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