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Trovagene, Inc., Announces Fourth Quarter and Year End 2012 Earnings
Date:4/1/2013

product will receive regulatory approval for any indication or prove to be commercially successful. Trovagene does not undertake an obligation to update or revise any forward-looking statement.  Investors should read the risk factors set forth in Trovagene's Form 10-K for the year ended December 31, 2012 and other periodic reports filed with the Securities and Exchange Commission.

(Financial Information to Follow)

ContactTrovagene, Inc.FinancialInvestor RelationsStephen Zaniboni

Chief Financial OfficerAmy Caterina

Investor RelationsTrovagene, Inc.Trovagene, Inc.858-952-7594858-952-7593szaniboni@trovagene.comacaterina@trovagene.com 

Trovagene, Inc. and Subsidiaries

(A Development Stage Company)

Selected Financial Information

Consolidated Condensed Statements of Operations 

(in thousands, except for per share amounts)Quarter EndedDecember 31, 

Year Ended
December 31,2012201120122011Revenues$

163$

34$
450$
257Operating expenses:Research and development 5943081,920910General and administrative 1,0036033,3792,324Total operating expenses1,5979115,2993,234Loss from operations(1,434)(877)(4,849)(2,977)Other income (expense)4-4(56)Gain on extinguishment of debt---623Change in fair value of derivative instruments - warrants (4,896)(370)(6,721)171Net (loss) and comprehensive  (loss)$

(6,326)$

(1,247) 

$

(11,566)$
(2,239)Preferred stock dividend(10)(10)(38)(38)Net loss available to common shareholders$

(6,336)$

(1,257) 

$

(11,604)$
(2,277)Basic and diluted net loss per share$

(0.43) 

$

(0.12)$

(0.89)$
(0.23)Weighted average shares outstanding - basic and diluted14,71610,63213,0679,712 


SOURCE Trovagene, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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