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Unilife Corporation Announces Financial Results For Fiscal Year 2012 Fourth Quarter

ated Balance Sheets(unaudited)June 30, 2012June 30, 2011(in thousands, except share data)AssetsCurrent Assets:  Cash and cash equivalents

$   11,410$   17,910  Restricted cash

2,4002,400  Accounts receivable

1,04213  Inventories

212626  Prepaid expenses and other current assets

676381  Total current assets

15,74021,330Property, plant and equipment, net


12,73413,265Intangible assets, net

3442Other assets

1,286821  Total assets

$   82,308$   89,478Liabilities and Stockholders' EquityCurrent Liabilities:  Accounts payable

2,405  Accrued expenses

2,2092,696  Current portion of long-term debt

5,6552,274  Deferred revenue

2,5952,706  Total current liabilities

12,85810,081Long-term debt, less current portion

23,11020,413Deferred revenue

2,5955,412  Total liabilities

38,56335,906Stockholders' Equity:  Preferred stock, $0.01 par value, 50,000,000 shares authorized as of June 30, 2012; none issued or outstanding as of June 30, 2012 and 2011

--  Common stock, $0.01 par value, 250,000,000 shares authorized as of June 30, 2012; 75,849,439 and 63,924,403 shares issued, and 75,820,769 and 63,905,053 shares outstanding as of June 30, 2012 and 2011, respectively

758639Additional paid-in-capital

212,326169,590Accumulated deficit

(172,634)(120,332)Accumulated other comprehensive income

3,4353,775Treasury stock, at cost, 28,670 and 19,350 shares as of June 30, 2012 and 2011, respectively

(140)(100)Total stockholders' equity

43,74553,572  Total liabilities and stockholders' equity

$   82,308$   89,478UNILIFE CORPORATION AND SUBSIDIARIESConsolidated Statements of Operations(unaudit

SOURCE Unilife Corporation
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