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Senesco Technologies Reports First Quarter Fiscal 2010 Financial Results
Date:11/17/2009

2009 2009 ASSETS (unaudited) CURRENT ASSETS: Cash and cash equivalents $275,295 $380,569 Short-term investments 800,000 1,050,000 Subscriptions receivable 392,000 - Prepaid expenses and other current assets 1,116,516 1,161,348 --------- --------- Total Current Assets 2,583,811 2,591,917 Property and equipment, net 6,594 5,986 Intangibles, net 4,046,985 3,884,999 Deferred financing costs 488,046 632,324 Security deposit 7,187 7,187 --------- --------- TOTAL ASSETS $7,132,623 $7,122,413 ========== ========== LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $426,088 $976,680 Accrued expenses 561,208 355,937 --------- --------- Total Current Liabilities 987,296 1,332,617 Convertible note, net of discount 18,179 6,217 Warrant liability 1,311,975 - Grant payable 99,728 99,728 Other liability 14,028 16,017 --------- --------- TOTAL LIABILITIES 2,431,206 1,454,579 --------- --------- STO
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SOURCE Senesco Technologies, Inc.
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