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Vical Reports Second Quarter 2007 Financial Results, Allowance of Pandemic Influenza IND and Other Advances in Product Development Programs
Date:8/19/2007

diluted

net loss per share $(0.21) $(0.11) $(0.45) $(0.27)

Shares used to calculate

basic and diluted net

loss per share 39,191 28,817 39,186 28,555

Balance Sheets June 30, December 31,

(in thousands) 2007 2006

Assets:

Cash, cash equivalents, and

marketable securities $82,153 $100,393

Other current assets 4,340 5,049

Total current assets 86,493 105,442

Property and equipment, net 13,031 13,500

Other assets 5,899 6,307

Total assets $105,423 $125,249

Liabilities and stockholders' equity:

Current liabilities $5,500 $8,153

Long-term obligations 2,735 2,973

Stockholders' equity 97,188 114,123

Total liabilities and stockholders' equity $105,423 $125,249

Contacts: Alan R. Engbring Jill M. Church

Executive Director, Vice President and

Investor Relations Chief Financial Officer

(858) 646-1127

Website: http://www.vical.com


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SOURCE Vical

Copyright©2007 PR Newswire.

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