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XTENT Announces First Quarter 2008 Financial Results
Date:4/28/2008

ents or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.

XTENT, INC.

(a development stage company)

Condensed Statements of Operations

(unaudited; in thousands, except per share amounts)

Three Months Ended

March 31,

2008 2007

Operating expenses:

Research and development (1) $9,421 $6,223

General and administrative (1) 3,442 2,461

Total operating expenses 12,863 8,684

Loss from operations (12,863) (8,684)

Interest and other income, net 406 749

Net loss $(12,457) $(7,935)

Net loss per share - basic and diluted $(0.54) $(0.55)

Weighted-average common shares outstanding

used in per share calculation 22,923 14,482

(1) Includes the following stock-based

compensation charges:

Research and development $388 $388

General and administrative $650 $420

XTENT, INC.

(a development stage company)

Condensed Balance Sheets

(unaudited, in thousands)

March 31, 2008 December 31, 2007

Cash, cash equivalents and short term

investments $46,494 $57,760

Working capital
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SOURCE XTENT, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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