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Unilife Corporation Announces Preliminary Financial Results for the Fourth Quarter and Fiscal Year 2011
Date:8/30/2011

r>June 30,2011201020112010Revenues:Industrialization fees

$
8212;

$1,236$1,350

$6,318Licensing fees

678

5602,527

2,566Products sales and other

17

8562,773

2,538Total revenues

695

2,6526,650

11,422Cost of product sales

148

6362,597

2,471Gross profit

547

2,0164,053

8,951Operating expenses:Research and development

2,690

2,3119,631

10,934Selling, general and administrative

7,185

9,02831,571

26,257Depreciation and amortization

1,517

5874,009

2,314Total operating expenses

11,392

11,92645,211

39,505Operating loss

(10,845)

(9,910)(41,158)

(30,554)Interest expense

270

34511

125Interest income

(67)

(359)(399)

(1,066)Other (income) expense, net

(503)

120(588)

135Net loss

($10,545)

($9,705)($40,682)

($29,748)Loss per share:Basic and diluted loss per share

($0.17)

($0.18)($0.70)

($0.64)UNILIFE CORPORATION AND SUBSIDIARIESReconciliation of Non-GAAP Measure (in thousands, except per share data) (unaudited)Three Months Ended Year EndedJune 30, June 30,2011201020112010Net loss

($10,545)

($9,705)($40,682)

($29,748)Share-based compensation expense

2,420

3,2919,022

10,056Depreciation and amortization

1,517

5874,009

2,314Interest expense

270

34511

125Non-recurring costs associated with redomiciliation amp; US listing*

46—

2,731Adjusted net loss

($6,338)

($5,747)($27,140)

($14,522)Adjusted net loss per share –diluted

($0.10)

($0.11)($0.47)

($0.31)*Includes legal, consulting and other professional fees incurred in connection with the Company’s redomiciliation
to the Uni
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SOURCE Unilife Corporation
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